Accident Insurance
Unfortunately, accidents are a part of everyday life. We often don’t think about the accidental injuries, or even the accidental deaths, which may happen during the course of a day. Supplemental accident insurance allows a person to be better prepared for such unexpected events. Accident insurance can provide benefits in event of sickness or death.
Designed to supplement your employer-sponsored insurance coverage, accident medical insurance pays specific benefit amounts for injuries received in a covered accident. These benefits can help pay the out-of-pocket expenses related to an accidental injury that existing health insurance coverage may not cover, such as:
Expensive medical procedures for broken bones and dislocations, or physical therapy.
Crutches, wheelchairs, or other medical aids you may need as a result of your accident.
Co-payments, co-insurance, and deductibles.
Ambulance benefit
Hospital confinement
AD&D
Optional benefits/riders exist that can provide coverage for spouse and children.
Accident medical insurance products can serve both as a reimbursement and an indemnity insurance policy. Expense reimbursements paid are for actual charges or up to the maximum amount stipulated per selection.
Accidental death benefits can help a family meet their continuing needs after a death occurs. The death benefit is increased if the accidental death occurs on a common carrier such as a commercial airplane or subway system.
Accident plans often feature a flexible plan design so that an employee can choose the coverage that best meets their needs. Coverage is available for both on and off-the-job accidents, and several optional riders are available to allow an employee to opt for increased protection at an additional cost. Accident benefits are usually guaranteed renewable for life if premiums are paid when they are due. They are also portable so that the employee can take coverage with him once they change jobs or retire. Premiums generally remain level and do not change based on age or occupation.
Cancer Coverage & Specified Disease
One of the consequences from a cancer diagnosis is the financial cost and burden to the individual and the family members. A Cancer Benefit plan is designed to supplement the major medical coverage to assist with the high cost of cancer treatment.
Benefits from the plan help pay the following types of out-of-pocket expenses:
Pays for cancer screening benefit for specified screening tests.
Hospital-related services such as hospital confinement, ambulance, air ambulance and full-time nursing services.
Surgical benefits include reconstructive surgery and anesthesia.
Cancer treatment benefits to cover radiation and chemotherapy, anti-nausea medication and medical imaging
Home health care or caregivers, hospice, and skilled nursing benefits
Home or automobile modifications
Mortgage, utility bills and other everyday living expenses.
Travel costs to and from treatment centers.
Some policies may actually pay a benefit to the donor of bone marrow.
Coverage is available for employees as well as the spouse and dependent children. As with other voluntary benefits, coverage is portable, and the employee can take it with them when they change jobs or retire. This benefit is guaranteed renewable for life if premiums are paid when due.
Benefits may be paid either through a lump sum or an annually restorable policy. Premium for lump sum policies do not increase with age and are typically payable until the policy is paid up at a specified age or until a claim is incurred. Often, policies offer a return of premium rider, which allows premiums to be refunded if the policy remains continuously in force and no claim is paid during the term of the policy. Lump sum cash payments typically allow benefits to be used for any purpose including offsetting loss of income or covering normal living expenses.
Annually restorable policies help offset expenses incurred for treatment of covered diseases. Payments typically are more focused toward inpatient or outpatient services as well as supplies and treatments such as hospital room and board; drugs and medicines; laboratory services; and medical or surgical services.
Contributed with the permission of Jeffrey Schreiber, ARM
Specified Disease and Critical Illness Insurance
Like Cancer Benefit, the Specified Disease Insurance for Critical Illness is designed to supplement major medical coverage and help with the high costs of treatment for a serious illness. It pays a percentage of the policy face amount upon diagnosis of a covered specified disease, and benefits can be used to help pay the out-of-pocket expenses related to the treatment of your illness.
Benefits from our Specified Disease plan can help you pay the following types of out-of-pocket expenses:
An annual preventive health screening benefit
Home or automobile modifications.
Mortgage, utility bills and other everyday living expenses.
Travel costs to and from treatment centers
Specified Disease Insurance offers benefits following the diagnosis of one of the following illnesses:
Heart Attack (myocardial infarction)
Stroke
Major Organ Transplant
End Stage Renal Failure
Coronary Artery Disease
Carcinoma In Situ
Autoimmune Diseases
This Specified Disease insurance plan provides options such as flexible coverage, coverage for spouse and dependents. The benefit is portable which allows the employee to take the benefit with him if he changes jobs or retires. The benefit is often guaranteed renewable if the premiums are paid when due. The premium will not increase as you get older.
Benefits may be paid either through a lump sum or an annually restorable policy. Premium for lump sum policies do not increase with age and are typically payable until the policy is paid up at a specified age or until a claim is incurred. Often, policies offer a return of premium rider, which allows premiums to be refunded if the policy remains continuously in force and no claim is paid during the term of the policy. Lump sum cash payments typically allow benefits to be used for any purpose including offsetting loss of income or covering normal living expenses.
Annually restorable policies help offset expenses incurred for treatment of covered diseases. Payments typically are more focused toward inpatient or outpatient services as well as supplies and treatments such as hospital room and board; drugs and medicines; laboratory services; and medical or surgical services.
Contributed with the permission of Jeffrey Schreiber, ARM
Hospital Indemnity Insurance
Going to the hospital is something you hope you or your family will never have to experience. However, if you had to stay in the hospital, do you have enough set aside to cover the costs associated with a hospital stay? What if you must be in the hospital for a week or more? Those charges add up. How will you pay the out-of-pocket expenses that accumulate each day you are in the hospital?
- In 2003, the average length of stay in a hospital was 4.8 days.
Source: Injury Facts, National Safety Council, 2005-2006 edition
Will you wait until after a hospital stay to learn about the gaps in your major medical coverage and the expenses that aren’t covered, such as transportation and childcare costs?
These are expenses you will have to pay out of your own pocket. Our hospital indemnity plan can help you prepare for these and other out-of-pocket costs with benefits that can help you pay the following expenses:
Travel expenses to and from the hospital.
Lodging for your family members while you are in the hospital.
Childcare for your family.
Our hospital indemnity plan can be used to help fill the gaps in your major medical plan and help pay the expenses related to a hospital stay.
This plan provides coverage for the following:
Confinement to a hospital due to a covered accident or a covered sickness.
Outpatient surgical procedures performed by a doctor using anesthesia, administered by a licensed anesthesiologist in a hospital or ambulatory surgical center.
Benefits from our hospital indemnity plan are paid as a lump sum, per covered hospital confinement or covered outpatient surgery. These benefits can help pay co-payments or deductibles or help cover travel expenses to and from the hospital. These benefits will be paid directly to you, unless you specify otherwise, regardless of any other insurance you may have with other insurance companies.
This plan features flexible plan options, and coverage is available for you, your spouse, and your dependent children. Plus, our hospital indemnity plan offers several benefits so that you can choose the coverage that best meets your individual needs.
This hospital indemnity insurance is portable. If you change jobs or retire, you can take your coverage with you. Coverage is also guaranteed renewable for life if premiums are paid when they are due or within the grace period. Your premium can be changed only if we change it on all policies of this form number in force in the state of New York, subject to the prior approval of the Superintendent of Insurance.
Contributed with the permission of Jeffrey Schreiber, ARM
Accident Insurance
Unfortunately, accidents are a part of everyday life. We often don’t think about the accidental injuries, or even the accidental deaths, which may happen during the course of a day. Supplemental accident insurance allows a person to be better prepared for such unexpected events. Accident insurance can provide benefits in event of sickness or death.
Designed to supplement your employer-sponsored insurance coverage, accident medical insurance pays specific benefit amounts for injuries received in a covered accident. These benefits can help pay the out-of-pocket expenses related to an accidental injury that existing health insurance coverage may not cover, such as:
Expensive medical procedures for broken bones and dislocations, or physical therapy.
Crutches, wheelchairs, or other medical aids you may need as a result of your accident.
Co-payments, co-insurance, and deductibles.
Ambulance benefit
Hospital confinement
AD&D
Optional benefits/riders exist that can provide coverage for spouse and children.
Accident medical insurance products can serve both as a reimbursement and an indemnity insurance policy. Expense reimbursements paid are for actual charges or up to the maximum amount stipulated per selection.
Accidental death benefits can help a family meet their continuing needs after a death occurs. The death benefit is increased if the accidental death occurs on a common carrier such as a commercial airplane or subway system.
Accident plans often feature a flexible plan design so that an employee can choose the coverage that best meets their needs. Coverage is available for both on and off-the-job accidents, and several optional riders are available to allow an employee to opt for increased protection at an additional cost. Accident benefits are usually guaranteed renewable for life if premiums are paid when they are due. They are also portable so that the employee can take coverage with him once they change jobs or retire. Premiums generally remain level and do not change based on age or occupation.
Cancer Coverage & Specified Disease
One of the consequences from a cancer diagnosis is the financial cost and burden to the individual and the family members. A Cancer Benefit plan is designed to supplement the major medical coverage to assist with the high cost of cancer treatment.
Benefits from the plan help pay the following types of out-of-pocket expenses:
Pays for cancer screening benefit for specified screening tests.
Hospital-related services such as hospital confinement, ambulance, air ambulance and full-time nursing services.
Surgical benefits include reconstructive surgery and anesthesia.
Cancer treatment benefits to cover radiation and chemotherapy, anti-nausea medication and medical imaging
Home health care or caregivers, hospice, and skilled nursing benefits
Home or automobile modifications
Mortgage, utility bills and other everyday living expenses.
Travel costs to and from treatment centers.
Some policies may actually pay a benefit to the donor of bone marrow.
Coverage is available for employees as well as the spouse and dependent children. As with other voluntary benefits, coverage is portable, and the employee can take it with them when they change jobs or retire. This benefit is guaranteed renewable for life if premiums are paid when due.
Benefits may be paid either through a lump sum or an annually restorable policy. Premium for lump sum policies do not increase with age and are typically payable until the policy is paid up at a specified age or until a claim is incurred. Often, policies offer a return of premium rider, which allows premiums to be refunded if the policy remains continuously in force and no claim is paid during the term of the policy. Lump sum cash payments typically allow benefits to be used for any purpose including offsetting loss of income or covering normal living expenses.
Annually restorable policies help offset expenses incurred for treatment of covered diseases. Payments typically are more focused toward inpatient or outpatient services as well as supplies and treatments such as hospital room and board; drugs and medicines; laboratory services; and medical or surgical services.
Contributed with the permission of Jeffrey Schreiber, ARM
Specified Disease and Critical Illness Insurance
Like Cancer Benefit, the Specified Disease Insurance for Critical Illness is designed to supplement major medical coverage and help with the high costs of treatment for a serious illness. It pays a percentage of the policy face amount upon diagnosis of a covered specified disease, and benefits can be used to help pay the out-of-pocket expenses related to the treatment of your illness.
Benefits from our Specified Disease plan can help you pay the following types of out-of-pocket expenses:
An annual preventive health screening benefit
Home or automobile modifications.
Mortgage, utility bills and other everyday living expenses.
Travel costs to and from treatment centers
Specified Disease Insurance offers benefits following the diagnosis of one of the following illnesses:
Heart Attack (myocardial infarction)
Stroke
Major Organ Transplant
End Stage Renal Failure
Coronary Artery Disease
Carcinoma In Situ
Autoimmune Diseases
This Specified Disease insurance plan provides options such as flexible coverage, coverage for spouse and dependents. The benefit is portable which allows the employee to take the benefit with him if he changes jobs or retires. The benefit is often guaranteed renewable if the premiums are paid when due. The premium will not increase as you get older.
Benefits may be paid either through a lump sum or an annually restorable policy. Premium for lump sum policies do not increase with age and are typically payable until the policy is paid up at a specified age or until a claim is incurred. Often, policies offer a return of premium rider, which allows premiums to be refunded if the policy remains continuously in force and no claim is paid during the term of the policy. Lump sum cash payments typically allow benefits to be used for any purpose including offsetting loss of income or covering normal living expenses.
Annually restorable policies help offset expenses incurred for treatment of covered diseases. Payments typically are more focused toward inpatient or outpatient services as well as supplies and treatments such as hospital room and board; drugs and medicines; laboratory services; and medical or surgical services.
Contributed with the permission of Jeffrey Schreiber, ARM
Hospital Indemnity Insurance
Going to the hospital is something you hope you or your family will never have to experience. However, if you had to stay in the hospital, do you have enough set aside to cover the costs associated with a hospital stay? What if you must be in the hospital for a week or more? Those charges add up. How will you pay the out-of-pocket expenses that accumulate each day you are in the hospital?
- In 2003, the average length of stay in a hospital was 4.8 days.
Source: Injury Facts, National Safety Council, 2005-2006 edition
Will you wait until after a hospital stay to learn about the gaps in your major medical coverage and the expenses that aren’t covered, such as transportation and childcare costs?
These are expenses you will have to pay out of your own pocket. Our hospital indemnity plan can help you prepare for these and other out-of-pocket costs with benefits that can help you pay the following expenses:
Travel expenses to and from the hospital.
Lodging for your family members while you are in the hospital.
Childcare for your family.
Our hospital indemnity plan can be used to help fill the gaps in your major medical plan and help pay the expenses related to a hospital stay.
This plan provides coverage for the following:
Confinement to a hospital due to a covered accident or a covered sickness.
Outpatient surgical procedures performed by a doctor using anesthesia, administered by a licensed anesthesiologist in a hospital or ambulatory surgical center.
Benefits from our hospital indemnity plan are paid as a lump sum, per covered hospital confinement or covered outpatient surgery. These benefits can help pay co-payments or deductibles or help cover travel expenses to and from the hospital. These benefits will be paid directly to you, unless you specify otherwise, regardless of any other insurance you may have with other insurance companies.
This plan features flexible plan options, and coverage is available for you, your spouse, and your dependent children. Plus, our hospital indemnity plan offers several benefits so that you can choose the coverage that best meets your individual needs.
This hospital indemnity insurance is portable. If you change jobs or retire, you can take your coverage with you. Coverage is also guaranteed renewable for life if premiums are paid when they are due or within the grace period. Your premium can be changed only if we change it on all policies of this form number in force in the state of New York, subject to the prior approval of the Superintendent of Insurance.
Contributed with the permission of Jeffrey Schreiber, ARM