J.M. Huber Corporation
Accident Insurance can help relieve the financial stress that comes with an accidental injury. It pays benefits for specific, covered accidents and injuries that happen on or after your coverage effective date. The benefit amount depends on the type of injury you incur, and the treatment you receive.Accident Insurance is a limited benefit policy. This is not health insurance and does not satisfy the requirement of minimum essential coverage under the Affordable Care Act.
What is Accident Insurance?
Accident Insurance pays you benefits for specific injuries and events resulting from a covered accident that occurs on or after your coverage effective date. The amounts paid depend on the type of injury and care received. Accident Insurance is a limited benefit policy. This is not health insurance and does not satisfy the requirement of minimum essential coverage under the Affordable Care Act.
How can Accident Insurance help?
You can use the benefit however you would like. Below are a few examples of how your Accident Insurance benefits could be used:
Why should I enroll through my employer?
Can I purchase coverage for my spouse and child?
Coverage is available for your eligible spouse and your eligible children up to age 26* as defined in the certificate of insurance and riders, if employee coverage is elected.*Standard ages may vary.
How much does it cost?
The cost of Accident Insurance varies. It is very likely that your monthly premium will be less than a trip to the movie theater.
Do I need to provide health information?
You are eligible for guaranteed issue, which means no medical questions or tests are required to enroll in this coverage.
This is a summary of benefits only. A complete description of benefits, limitations, exclusions and termination of coverage will be provided in the certificate of insurance and riders. All coverage is subject to the terms and conditions of the group policy. If there is any discrepancy between this document and the group policy documents, the policy documents will govern. To keep coverage in force, premiums are payable up to the date of coverage termination. Accident Insurance is underwritten by ReliaStar Life Insurance Company (Minneapolis, MN), a member of the Voya® family of companies. Policy Form #RL-ACC2-POL-12 and Certificate Form #RL-ACC2-CERT-12. Form numbers, provisions and availability may vary by state.
Accidents can happen any time and the expenses from an accidental injury, like a fracture or dislocation, can add up quickly. Accident insurance can help keep an injury from running through your savings. You can use the money to pay for medical expenses, monthly bills or however you like.
|Emergency room treatment expense||$400|
|Broken leg (no surgery) expense||$1,500|
|Physical therapy expense||+||$300|
|Total out-of-pocket expenses||$2,200|
|Accident Insurance Benefit|
|Emergency room treatment benefit||$200|
|Broken leg benefit||$1,500|
|Physical therapy benefit||+||$240|
|Total benefits paid||$1,940|
The amounts shown above are for illustrative purposes only. Actual costs/results may vary.
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