Accident Health Insurance Basics

Accident health insurance is a type of insurance coverage that pays benefits for loss of income resulting from sickness, accidental injury, or accidental death. Most accident health insurance policies are riders on a basic health or life insurance policy, meaning they are added into a major policy, but this type of coverage can also be purchased singularly.

Purchasing an accident health insurance policy may be a wise investment. The coverage is typically inexpensive and can be very beneficial to you or your family should you be involved in an accident. The amount of benefits that you receive depends on the terms of your specific policy.

What It Covers

Simply put, accident health insurance covers accidents. Medical plans do not cover all, or even most of the expenses, that you may incur as a result of an accident. This is when supplemental insurance pays off. Most policies will cover additional expenses, such as:

• Loss of income due to time off work
• Uncovered medical expenses, deductibles, and/or co-pays
• Non-medical costs, such as transportation expenses, living expenses, and domestic assistance

Accident insurance may also cover ambulance bills, hospital stays, and other similar expenses. In some cases, benefits are paid for the loss of a limb or death. And, unlike most accident or disability insurances offered through employers, this kind of coverage protects you even if you are injured outside of the workplace.

source: http://insurance.lovetoknow.com/Accident_Health_Insurance