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Accident Insurance
There are two kinds of Accident Insurance:
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Accidental Death Insurance
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Accidental Cash Insurance
Accident Insurance is a good supplement to your health and disability insurance but could be redundant if you already have life and disability insurance.
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Coverage for covered accident only
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Accidental Death insurance is mainly for people who cannot qualify for other types of life insurance due to age, occupation or health conditions
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Cash benefits can be used to cover medical or non-medical expenses.
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Every 10 minutes, 847 people in the United States will suffer an injury severe enough to require doctor or medical professional attention. In 2017, 47.2 million – about 1 in 7 – sought medical attention for non-fatal injuries! [National Safety Council, Injury Facts]
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