Guide to Accidental Injury Insurance

Accidental injury insurance, sometimes called accidental health insurance, may seem like a luxury, but the cost is fairly low and the benefits provide practical assistance. Each year in the United States accidental injuries account for more than 40 million trips to the doctor, 28 million trips to the emergency room and over a 100,000 deaths. Injury insurance provides your employees and their families with money that may tide them over when an injury temporarily halts their flow of income or they face unexpected expenses.

Injury insurance can mean quick cash for you or your employees when the insured suffers an injury, whether at work or play. Accident insurance benefits can cover broken teeth, broken bones, lost limbs, hospital stays, family lodging during hospital stays, and even accidental death. Accidental injury insurance coverage typically provides a preset dollar amount for each type of accidental injury and related expense.

1. Many health insurance companies are not accident insurance providers, but many companies provide injury insurance.

2. Standard health plans may leave some expenses unpaid. Accident insurance typically covers your deductible and time missed from work.

3. Consider protecting your family, employees and those attending your business events with accidental injury insurance coverage.

Action Steps
The best contacts and resources to help you get it done

Find a company that specializes in accidental injury insurance coverage

Not all insurance companies provide accidental injury insurance, but some specialize in it.

I recommend: Companies like Aflac, Conseco, and Colonial Life and Accident Insurance Company offer accidental injury coverage.

Compare accidental health insurance benefits and prices online

Look for low rates, quick payment terms and simple reimbursement procedures when shopping for injury insurance.

I recommend: Get quotes from several accident insurance providers at USInsuranceOnline.com. This website provides quotes for both individuals and small businesses. Visit companies like AIG and Nationwide to find more accidental health insurance solutions for businesses. In addition to employee plans, you can find coverage for accidents suffered at group events.

Make sure your accident insurance program meets your employees' needs

Going overseas? For those employees who make regular business trips out of the country, consider accidental insurance benefits that cover you abroad. Some plans cover a broad spectrum of accidental injury expenses while others are more specialized. For instance, hospital accident insurance plans focus on emergency room and hospital stay expenses.

I recommend: The Overseas Travelers Protection Plan and the Multinational Accident Plan are specially designed to cover accidents and other problems abroad.

Tips & Tactics
Helpful advice for making the most of this Guide

• Worker's compensation may not cover all your expenses after an accident. Consider offering employees accidental injury insurance coverage to supplement this, particularly if your type of business puts employees at higher risk for injury.
• Check your current insurance policies to learn what type of accidental injury coverage they provide. You may find that your homeowner's insurance covers accidental injuries under the right circumstances.

The official source of Accidental Injury Insurance is
the Accidental Injury Insurance page at Business.com