Investments

Group accident insurance is a policy that provides financial coverage for expenses incurred from an injury to a student, athlete, fan, volunteer, or an event participant. It pays a benefit directly to the policyholder if they have a covered injury, on or off the job, and need treatment.

Group accident insurance can provide a lump sum cash payment to an individual due to an event covered under the policy. The funds can be used as needed to help cover things like deductibles, out-of-pocket medical costs, or everyday living expenses.

Some injuries that are covered by group accident insurance include:

Burns, Comas, Concussions, Dental or eye injuries, Dislocations, Fractures, Internal injuries, Knee cartilage.

Group accident insurance is offered by commercial or industrial establishments as accident coverage for employees, workers, members, etc…