What is Accident Insurance?
Accident insurance is a type of insurance that pays a cash benefit if you or a loved one has an accidental injury. It helps with the unexpected expenses that comes with an accidental injury such as a broken bone, burn, or concussion that medical insurance doesn't fully cover. Multiple injury and treatment types may be covered, including ambulance charges, emergency room visits, hospital costs, surgery, crutches, physical therapy, and more. Benefits paid are based on the type of injury, severity of the injury, and type of treatments you receive. Cash benefits for supplemental accident insurance can be used in any way you choose.
If your medical insurance plan has a high deductible, which is common in high-deductible health plans, you would be responsible to pay a large deductible should an accident occur. If you want to avoid using savings to cover the unexpected costs of an accident to you, your spouse or your children, accident insurance can help you avoid the savings drain that can be caused by a serious injury.
Like other types of insurance products, you pay a premium and receive coverage. If you are injured, you’ll receive a benefit.
What Accident Insurance Policies Are Available Through Guardian?
Guardian offers two individual accident insurance plans, Guardian Accident Protection Plus Gold and Guardian Accident Protection Plus Silver. Both plans cover over 25 injury and treatment types, both plans pay benefits directly to you, both don’t have a deductible and there is no annual maximum with either plan. The gold plan provides the greatest savings protection because it offers the highest level of coverage. See sample coverages below or find more information about Guardian’s supplemental accident insurance plans, including a video overview of accident insurance, case studies and other related resources.
|Guardian Accident Protection Plus Gold||Guardian Accident Protection Plus Silver|
|Injury Treatment Benefits|
|Urgent Care Doctor Visit||$20||$10|
|Diagnostic CT, CAT, MRI, EEG||$160||$120|
|Physical Therapy||Up to 10x at $50||Up to 10x at $25|
|Hospital ICU Admission||$3,500||$2,500|
|Hospital ICU Confinement||$600/day||$500/day|
|Dental Crown or Extraction||up to $300||up to $250|
|Eye Surgery or Object Removal||$300||$250|
|Lump Sum Injury Benefits|
|Laceration||up to $600||up to $500|
|Fracture – Non-Surgical||up to $3,000||up to $2,250|
|Fracture – Surgical||up to $6,000||up to $4,500|
|Dislocation – Non-Surgical||up to $3,000||up to $2,250|
|Dislocation – Surgical||up to $6,000||up to $4,500|
|Other Surgery||up to $1,500||up to $1,250|
|Burn (2nd, 3rd Degree)||up to $12,000||up to $10,000|
|Accidental Dismemberment or Death Benefits|
|Member||up to $50,000||up to $25,000|
|Spouse||up to $25,000||up to $12,500|
|Child||up to $10,000||up to $5,000|
|Children’s Organized Sports Benefits|
|If a dependent child (18 and younger) was participating in an organized sport when the covered accident occurred, the benefit paid will increase by 20%.*|
*Please note the children's organized sports additional benefit is not available in the state of New York. The child must be insured by the plan on date the accident occurred.