Injury Insurance Plan - Supplemental Injury Insurance Policy FAQ

1. Injury insurance plans have what type ofIndemnity means to compensate. So look at
eligibility requirements to get approved?these supplements as a accident medical expense
Accident plans are guarantee issue up to age 65compensation. Policy holders are compensated up
or 70. Online applications have no health questionsto the policy benefit level per injury. Typical policy
or underwriting and everyone gets approved.benefit levels again are $2,500, $5,000, $7,500,
2. How much do personal injury insuranceand $10,000.
supplements cost each month? (Estimates)9. What are some other names for this type of
(Rates from the leading plan)supplement?
Individual policy - $5,000 benefit - $22 USD eachDepending on who's sales brochure you pick up:
month.Emergency room insurance plan, 24 hour accident
Individual - $7,500 benefit - $28 USD per month.coverage, accident medical coverage,
Individual - $10,000 benefit - $34 a month.supplemental accident coverage, and accident
Family policy - $5,000 benefit - $35 USD eachmedical expense benefit. Thousands of health
month.insurance agents sell these supplements and they
Family: $7,500 benefit - $41 USD per month.are often packaged together with dental, vision,
Family: $10,000 benefit - $47 a monthand other discount services. The prices listed in
3. What doctors and hospitals accept this accidentthis article are for the accident only coverage. So
health insurance supplement?other plans you'll find online could be more
Accident policy can be used at any licensedexpensive because other benefits might be tied
doctor, hospital, emergency room, medical clinic,into it.
or urgent quick care facility. Plans also10. What are the plan deductibles?
compensate for bodily injury related expensesMost policies have a $100 to $200 US dollar
while traveling abroad (one to two months outsidedeductible. Deductible= Out of pocket expense
the United States).you have before health insurance plan pays.
4. What are the specific emergency room relatedExample: Someone has a $10,000 benefit injury
benefits covered?plan and subsequently has a $10,000 dollar
-Doctors fee for surgery (inpatient and outpatient)emergency room bill from a broken collar bone.
-Hospital emergency room care (miscellaneous ERThe policy holders total out of pocket expense
bills)for the ER bill is the deductible of $100 dollars. The
-X-Raysdeductible of $100 dollars resets for each claim.
-Doctors visits inpatient and outpatient.Each injury is treated as a separate event and
-MRI'sthe policy benefits reset for each mishaps. Plans
-Lab Servicespay out per injury and per accident subject to
-Prescription drugsnew deductible.
-Registered nurse expense11. Can this plan be used for college or pro level
-Dental treatment for injured sound natural teethsports injuries?
-Hospital room and boardNo. College and professional level sports injuries
-Crutches, Splints, Casts, etc.are not covered on this style of plan.
-In or Outpatient surgery12. What is the catch or rules?
-Anesthesia expensePersonal accident insurance supplements only pay
-Operating roomfor bodily injuries that occur after the policy
-Physical Therapyeffective date. To receive benefits the policy
-Ambulance expensemust be in force prior to injury.
5. What are the personal accident insurance13. Does the plan cover emergency room visit bills
supplement policy benefit levels?relating to sickness or disease such as heart
$2,500, $5,000, $7,500, $10,000 US dollars perattack or stroke?
covered injury.No. Supplements are accident only coverage for
6. Do these policies covers youth sports injuries?bodily injuries.
Yes, some plans can be used as a youth sport14. How soon does someone need to seek
insurance supplement for kids sport injuries. Iftreatment for the injury for the plan to pay?
you're a parent looking for a plan to serve as aWithin 12 weeks from date of initial injury.
youth sport insurance plan double check the fineBenefits period is 52 weeks after date of injury.
print on the policy explanation of benefits page.15. Who gets paid the accident medical expense
Policy should say it covers organized youth sportscompensation?
up to age 18. Organized sports meaning youthSome personal injury insurance plans pay you (the
soccer, little league baseball, and high schoolpolicy holder) directly. Other plans will compensate
football.the doctor or hospital that treated your bodily
7. Who is the medical insurance companyinjury.
underwriting or selling this plan?16. What type of bodily injury accidents aren't
A lot of injury insurance plans in the United Statescovered on these plans?
seem to be underwritten by Guarantee Trust LifeInjuries sustained under the influence of drugs and
Insurance Company in Glenview, Illinois. Guaranteealcohol, professional / college level sports injuries,
Trust Life has been around for 70 plus years.during act of war or committing a crime, trying to
8. Is this plan health insurance or a supplement?kill yourself or self-injury, wing suit base jumping,
Plans are not insurance rather an indemnity.and other extreme activity related accidents.