Accident Indemnity Lump Sum Cash Plans
Accident plans pay IN ADDITION to what insurance plan pays.
What is an Accident Indemnity Plan?
Lump sum cash paid to you for the actual cost of
your accident - regardless of what you might get
covered by insurance. Works even if you have
NO health insurance. Indemnity plans pay IN ADDITION
to whatever insurance you have. So if you or a
family member has an accident for $10,000.
Your health plan pays what it pays and you will pay
a portion of the bill like a deductible and
coinsurance, etc. Then your Accident Indemnity
plan kicks in and pays you $9,500 Cash. Yep.
Cash. To. YOU! Doesn't matter if your
insurance paid most of the bill, you get paid CASH
for the TOTAL cost of the bill. It is intended
to help you by paying you cash that you use to
recover financially from an accident. The
benefit is paid once per calendar year. You
MUST be treated within 72 hours of the accident, and
other rules apply. But bottom line: Cash. To.
YOU!