Oct 10, 2024
As open enrollment season approaches, it's an opportune moment to engage your clients about the valuable benefits of accident insurance. This often-overlooked coverage can be a game-changer for employees, helping provide financial protection in the event of covered unexpected injuries.
Four Reasons Why You Should Consider Accident Insurance
1. Accidents happen more often than you’d think
We’d all love to think we’ll never get in an accident, but they’re more common than you’d expect. In fact, U.S. emergency rooms get about 38 million visits annually due to unintentional injuries.2 Children are also more prone to accidents. Each year, more than 775,000 kids, 14 years old and under, are treated in ERs for sports-related injuries.3 So it is worth considering having accident insurance for your whole family.
2. Accidents can put anyone out of work
If you get in an accident, you might need to take off work for physical therapy or follow-up care. In some cases, you might not be able to work at all due to broken bones or the inability to drive.
When that happens, it can make money tight—especially if you're facing multiple medical bills. Accident insurance can provide extra cash during periods of income loss.
3. With accident insurance, it doesn’t matter if you have a preexisting condition or change jobs
As long as you’re actively working, coverage is typically guaranteed. That means no questionnaires or biometric exams to take, and you’re covered no matter your health situation.
Accident insurance is often portable as well, meaning that if you change your job, you can keep your plan as long as you meet certain criteria. Check with an accident insurance plan administrator at your workplace to learn more.
4. Accident insurance covers more than just injuries
Many plans come with ancillary benefits for limb loss, accidental death, paralysis, or blindness. Having that extra protection can keep you (or your loved ones) from taking the full financial impact of a serious accident.
Contact your Amwins Connect Regional Sales Manager for more information today.
