Though most people do not like to think about it, accidents can happen—and they can be devastating. They can occur without warning, and most individuals are not financially or emotionally prepared for them. However, offering a group accident insurance plan as part of your employee benefits package can help your employees in the event of an accident.
Group accident insurance plans typically offer coverage for the following:
All of these services are covered at varying degrees and up to differing dollar amounts depending on the type of plan selected.
Limitations and Exclusions
The following instances are typically not covered under a group accident insurance plan:
Group accident insurance can be a financial lifesaver for your employees. Consider adding this benefit to your employee benefit package this enrollment season.