Major injuries are painful. But the financial impact of the medical treatment doesn’t have to be.
Accident Insurance from Securian pays lump sum benefits directly to you if you suffer a range of covered injuries such as a fracture, burn, ligament damage, or major concussion. Benefits are paid for accidents that happen off the job even if you have other coverage. You can elect either the Basic or Premium plan based on your needs and budget.
The benefit amount is calculated based on the type of injury, its severity, and what medical services are required in treatment and recovery.
How Accident Insurance Works
Sam trips playing basketball. He breaks his arm and chips a tooth which require a trip to the emergency room, physician follow-up visits, and rehabilitative therapy. Fortunately, Sam has Premium Accident Insurance which helps cover his medical plan coverage costs including his deductible and coinsurance.
How Sam's Accident Benefits Was Calculated
Medical Service |
Benefit |
|---|---|
Emergency Room |
$450 |
Fracture Benefit |
$5,250 |
Emergency Dental Benefit |
$400 |
Physician Follow-Up Visits (3 visits) |
$200 (up to 3 visits) |
Rehabilitative Therapy (outpatient 6 sessions) |
$720 ($120 per session) |
TOTAL BENEFIT |
$7,020 |
This scenario does not reflect the benefits of a specific Accident Insurance plan schedule. The benefits are generic benefits for the purposes of this example to show how the benefit total of an Accident Insurance plan is calculated. The plan offered to you may provide different benefit amounts and may not cover all services. See the plan details for the benefit schedule for the plan offered to you.
Covered Illnesses
- Hospitalization
- Physical Therapy
- Emergency Room Treatment
- Transportation
- Injury Treatment (fractures, dislocations, concussions, burns, lacerations, etc.)
Plan Features
- Guaranteed Issue: There are no health questions or physical exams required.
- Family Coverage: You can elect to cover your spouse and children. Guaranteed Issue is 50% of the employee benefit amount.
- Wellness Benefit: The plan provides a $50 benefit per covered person per calendar year if you or your covered dependents complete a covered health screening test such as a physical exam, total cholesterol blood test, mammogram, lipid panel and more.
- Portable Coverage: You can take your policy with you if you change jobs or retire.
The policy or its provisions may vary or be unavailable in some states. The policy has exclusions and limitations which may affect any benefits payable.
