Accidents come unforeseen. Make sure you and your family are well-protected against such unanticipated incidents. A personal accident insurance plan provides financial coverage against permanent or temporary disability or death in the event of an accident.
To ensure your financial needs are well-covered by the policy, here are some important questions you should ask the insurer before you buy.
Does the Plan Provide Nationwide or Worldwide Coverage?
The personal accident policy must provide you with nationwide coverage. That means wherever you are in the United States, the plan should cover you against unforeseen accidents. At the same time, check if the insurer provides worldwide coverage. This is beneficial if you travel frequently and can financially cover you or your family in case of an accident abroad.
What are the Benefits and Sum Assured?
To understand this, it is important to evaluate whether you are at a high risk of accidents. Likewise, determine your sum assured based on your occupational hazards, risk category, and income. The higher the sum assured, the more will be your premium amount.
Additionally, it is also crucial to consider the benefits you get with the personal accident insurance plan. Some of the key benefits to look out for are an accidental death benefit, permanent partial or total disability, temporary total disability, etc.
What Add-Ons are Available with the Plan?
Check with your insurance agent if extensions are available with the plan. Typically, personal accident plans come with a wide range of add-ons such as accidental hospitalization, fractures, ambulance allowances, etc. Evaluate your risk profile first and then include necessary extensions that are within your budget.
How Convenient & Fast is Your Claim Settlement Process?
A prompt and stress-free claim settlement process is what you expect when you buy insurance. Therefore, be very clear about the insurer’s terms & conditions and claim settlement ratio.
Conclusion
Are you looking for a good “accidental insurance agent near me?” Keep the above factors in mind and choose a trusted partner like The Jordan Insurance Agency. We can help you get the best coverage for your personal accident insurance needs.
