Accident Insurance
No one likes to think about the possibility of an accident, but the very likelihood is inescapable. Think about it: Have you or anyone in your family ever had an automobile accident? Slip and fall? How about a bicycle or skiing accident? When was the last time you saw the inside of an Emergency Room? If you’re like most Americans, it wasn’t too long ago!
Why Accident Insurance?
Medical insurance offsets most of the treatment costs for injuries resulting from an accident. But what about the out of pocket costs you don’t consider? There’s time off from work while you or a loved one convalesces, doctor visit and hospital co-pays, medical insurance deductibles, maybe child care expenses — even stocking up on ibuprofen and bandages! It’s inconvenient, expensive, and can make a serious dent in a family’s savings.
Accident insurance provides a hedge against this possibility, paying a fixed, lump-sum benefit for injuries resulting from a covered accident — up to and including death if your employer’s plan includes that provision.
Accident insurance provides a range of fixed, lump-sum benefits for injuries resulting from a covered accident, or for accidental death and dismemberment (if included).
These benefits are paid directly to the insured and may be used for any reason, from deductibles and prescriptions to transportation and childcare.
Common Misconceptions
I already have medical insurance for those things.
Medical insurance is a necessity to cover treatment costs for injuries sustained in an accident. You may have other insurance, like auto or homeowner’s insurance, that may come into play when you or a loved one is involved in an accident. But treatment costs are only one piece of the financial puzzle when someone is injured. Lost wages and increased household expenses, paired with the leftover costs medical insurance doesn’t cover such as co-pays and deductibles, can mean bills piling up just when you’re least able to keep up with them.
I don’t see the value in another insurance policy.
Think about this: You buy life insurance in the event you die. You buy disability insurance in the event you can’t work for a period of time because of an illness. But you buy medical insurance because you’re pretty sure you’re going to need it! Accident insurance is like that: the odds are good you or someone in your family is going to be injured in an accident at some point. And you can purchase coverage for you, you and your spouse, or your entire family. Further, your employer may offer a choice of plans that allow you to select the one that fits your need and budget best.
What if I don’t get approved?
As long as you are eligible and enrolling during an approved time period, you cannot be turned down for this group insurance.
More Details
Eligible to Enroll: All Active Dues Paying Members in good standing, except for any person working on a temporary or seasonal basis.
Monthly Premiums: Rates for plan options (Plan A / Plan C) are included below:
Member: $11.82 / $18.03
Member + Spouse: $18.94 / $29.30
Member + Children: $23.01 / $37.49
Member + Family: $30.54 / $49.22
Marketplace Benefits
Don't Miss Out
Reliance Standard is a branding name. Reliance Standard Life Insurance Company (Home Office Schaumburg, IL) is licensed in all states (except New York), the District of Columbia, Puerto Rico, the U.S. Virgin Islands and Guam. First Reliance Standard Life Insurance Company (Home Office New York, NY) is licensed in New York and Delaware. Standard Security Life Insurance Company of New York (Home Office New York, NY) is licensed in all states. Product features and availability may vary by state.
(c) Soluta, Inc. 2022