Millions of people visit a doctor because of an unintentional injury each year. Slips, falls, unintentional injuries, and other types of accidents can happen to anyone at any time. Accident insurance can help protect individuals and corporations from the financial consequences of these unfortunate mistakes. As a business owner, you may be considering if this type of insurance is right for your company. Here are some important things to know about accident insurance and why it may be suitable for your business.
Accidents Can Happen at Any Time
Accidents are unpredictable. Someone who regularly engages in dangerous activities is more likely to suffer an accident. However, the reality is that anyone can suffer an accident at any time. So, what does this mean for your business? Your customers, clients, or anyone else on your premises can get seriously injured, even due to something as simple as falling down the stairs. Accident insurance provides the money they need to pay for medical bills. This type of insurance brings peace of mind that is priceless for everyone involved, but especially for your business who could be responsible for significant expenses.
Accident Insurance Covers More than just Injuries
While most people associate accident insurance with fractures, dislocations, or concussions, it covers much more. Medical services and treatments such as emergency care, physical therapy, medical testing, and some types of surgeries are also covered, depending on your health plan. Accident insurance can also help protect family members if someone is killed or severely injured in an accident.
Fills Gaps in Health Insurance Coverage
For health insurance plans with high deductibles, high coinsurance percentages, or a restricted provider network, accident insurance can help reduce out-of-pocket costs and pays in addition to health insurance. This type of coverage complements your short-term and long-term disability insurance, and comprehensive health insurance. Accident insurance supplements both types of insurance and can provide an additional safety net if an accident occurs. Accidents are traumatic and financially overwhelming. An investment in accident insurance protects you and your family against further financial trauma.
The MWE Partnership has invested 17 years into providing effective voluntary insurance solutions for businesses. Our team members have successful insurance backgrounds and strong relationships with insurance providers to offer you the best product to meet your needs. Reach out to us today to learn more!
Get Your Voluntary, Supplemental, and Health Insurance Policies with the MWE Partnership!
Are you a business looking to provide your employees with essential voluntary benefits? If so, look no further than The MWE Partnership. When you choose The MWE Partnership, you get experienced service and comprehensive voluntary benefit options that will meet all your employees’ needs. With over 17 years of experience, The MWE Partnership is your go-to provider for all your supplemental benefit needs. If you are interested in finding out how The MWE Partnership can help your business, contact us today! We encourage you to like our Facebook page and follow us on Twitter and LinkedIn for the latest voluntary benefit news!