Jeffrey Wade
Unum Accident Insurance is an insurance policy that provides financial protection for individuals and employees who have experienced an accident and suffered injuries. It is underwritten by Unum Life Insurance Company of America, Portland, ME, Unum Insurance Company, Portland, ME, Provident Life and Casualty Insurance Company, Chattanooga, TN, and First Unum Life Insurance Company, Garden City, NY. The base policy covers accident insurance only and does not include basic hospital, basic medical, or major medical insurance. Accident Insurance helps individuals and employees cover out-of-pocket expenses, co-pays, transportation costs, and other unexpected costs not covered by their medical insurance. It provides a financial safety net and peace of mind, allowing individuals to focus on recovery without worrying about financial strain.
| Characteristics | Values |
|---|---|
| Purpose | To help cover the cost of accident care and recovery |
| Type of Insurance | Accident Insurance |
| Provider | Unum Insurance Company |
| Address | 2211 Congress Street, Portland, ME 04122 |
| Phone Number | (877) 225-2172 |
| Website | services.unum.com |
| Coverage | Pays benefits directly to the insured or their family members in the event of a covered accident |
| Benefits | Based on the type of injury, treatment needed, and coverage; no lifetime or annual maximum payout |
| Usage of Benefits | Can be used for co-pays, deductibles, or personal expenses not covered by medical insurance |
| Eligibility | Available to employees and their families; no medical underwriting required |
| Portability | Allows continuation of coverage during eligible portability events |
| Wellness Benefit | Annual cash benefit for routine health screenings, encouraging a healthy lifestyle |
| Be Well Screening | Covered family members can receive $50 for a Be Well screening test each year |
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What You'll Learn
Unum Accident Insurance provides peace of mind
Unum Accident Insurance is a supplemental insurance policy that provides financial protection and peace of mind in the event of an accident. It is designed to help individuals and families mitigate the financial strain that can result from unexpected accidents and injuries. By offering this insurance, Unum recognises that accidents can happen to anyone, at any time, and aims to ease the potential financial impact.
The insurance pays a benefit directly to the policyholder or their family members when they experience a covered injury, helping them cover the cost of accident care and recovery. This includes expenses that may not be covered by their primary medical insurance, such as co-pays, deductibles, and personal bills. The benefit amount is based on the type of injury, the required treatment, and the specific plan offered, ensuring that individuals can focus on their recovery without worrying about out-of-pocket expenses.
One of the key advantages of Unum Accident Insurance is its accessibility. It does not require medical underwriting, making it available to eligible employees without the need for evidence of insurability. This means that individuals can enrol in the insurance through their employer, often during open enrolment periods, and gain the peace of mind that comes with knowing they are financially protected in the event of an accident. This accessibility extends to the enrolment process, with Unum offering a simple digital claims app that makes it easy for employees to enrol and manage their claims.
Unum Accident Insurance also stands out for its flexibility. It can be customised to meet the diverse needs of employees, with options for coverage of both on-the-job and off-the-job injuries. Additionally, the insurance offers a range of covered injuries and treatments, allowing employees to select a plan that aligns with their specific needs and financial objectives. This flexibility ensures that individuals from various income levels and with varying medical expenses can benefit from the peace of mind that comes with being financially protected.
Furthermore, Unum Accident Insurance demonstrates its commitment to holistic wellbeing through additional benefits that encourage a healthy lifestyle. The Be Well Benefit, for example, provides an annual cash benefit to individuals who undergo eligible routine health screenings. This benefit can be used to offset expenses related to transportation, missed work, or other incidentals associated with maintaining good health. By incentivising precautionary measures, Unum promotes proactive health management and empowers individuals to take control of their wellbeing.
Overall, Unum Accident Insurance provides peace of mind by offering financial protection, flexibility, and accessibility. It ensures that individuals and families can focus on recovery and maintain their financial security in the event of an accident, without being burdened by unexpected expenses. By enrolling in Unum Accident Insurance, individuals can rest assured that they have a safety net in place, safeguarding them from the potential financial strain of unforeseen accidents.
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It covers expenses not included in medical insurance
Unum Accident Insurance is designed to provide peace of mind and protect your finances in the event of an accident. It covers expenses not included in medical insurance, helping to ease the financial burden of unforeseen accidents. This supplemental coverage ensures that individuals and their families can focus on recovery without worrying about out-of-pocket costs.
Accidents can result in unexpected costs that may not be fully covered by standard medical insurance. Unum Accident Insurance fills this gap by providing a lump-sum payment directly to the insured, based on the nature of the injury and the required treatment. This payment can be used to cover various expenses, including co-pays, deductibles, and personal bills, ensuring that individuals can access the treatment they need without financial barriers.
The benefit amount received is determined by the specific plan offered and the type of injury sustained. Unum Accident Insurance offers flexibility, with plan design options that can be tailored to meet different price points and coverage needs. This includes coverage for injuries sustained both on and off the job, ensuring comprehensive protection for policyholders.
In addition to financial benefits, Unum Accident Insurance also promotes a proactive approach to health management. The policy includes an annual wellness benefit, encouraging policyholders to undergo routine examinations and preventive testing. This aspect of the policy not only helps individuals maintain their health but also provides a monetary benefit to assist with associated costs, such as transportation and missed work.
Unum Accident Insurance is underwritten by reputable insurance companies across the United States, including the Unum Life Insurance Company of America, Unum Insurance Company, Provident Life and Casualty Insurance Company, and First Unum Life Insurance Company. It is important to note that the base policy solely provides accident insurance and does not include basic hospital, basic medical, or major medical insurance, as defined by the New York State Department of Financial Services.
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It pays benefits directly to the insured
Unum Accident Insurance is a form of insurance that provides benefits directly to the insured in the event of an accident. It is designed to help individuals and their families cover the financial costs associated with accidents, including medical expenses not covered by their primary health insurance. By enrolling in Unum Accident Insurance, individuals can gain peace of mind knowing that they have additional financial protection in the event of unforeseen accidents.
One of the key advantages of Unum Accident Insurance is that it pays benefits directly to the insured. This means that if the insured person suffers a covered injury, they will receive a lump-sum payment based on the type and severity of their injury, as well as the required treatment. The money can then be used at the insured person's discretion to cover various expenses, such as co-pays, deductibles, or other personal bills that their medical plan might not cover. This direct benefit payment ensures that individuals and their families can maintain financial stability during challenging times.
The benefit amount received by the insured is determined by the specific plan offered and the details of the accident and treatment. Unum Accident Insurance plans are typically HSA-compatible and offer a variety of covered injuries and treatments to meet different price points. Additionally, the plans can be customized to include coverage for injuries that occur on and/or off the job, ensuring comprehensive protection for the insured. This flexibility allows employers to design plans that align with their employees' needs and help them meet their financial objectives.
Unum Accident Insurance is underwritten by reputable insurance companies, such as the Unum Life Insurance Company of America, Unum Insurance Company, Provident Life and Casualty Insurance Company, and First Unum Life Insurance Company. It is important to note that the base policy provides accident insurance only and does not include basic hospital, basic medical, or major medical insurance. As such, it serves as a supplement to existing health insurance and helps fill the gaps in coverage. In some states, individuals must have comprehensive health insurance before applying for Unum Accident Insurance.
The process of enrolling in Unum Accident Insurance is straightforward. Employers can integrate Unum with their HR information systems to provide real-time data and streamline administration. Employees can easily enroll, make claims, and seek support through Unum's digital platforms. Additionally, Unum offers portability, allowing individuals, their spouses, and children to continue coverage even if their employer's group policy ends due to eligible portability events. Overall, Unum Accident Insurance provides valuable financial protection and peace of mind by delivering benefits directly to the insured, helping them manage the financial strain that can result from accidental injuries.
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It covers a range of incidents and treatments
Unum Accident Insurance is a benefit offered by some employers to their employees to help cover the cost of accident care and recovery. It is a supplement to health insurance and helps pay for out-of-pocket expenses that are not covered by an individual's medical insurance plan. Accident insurance provides a set benefit amount based on the type of injury sustained and the treatment needed. This benefit amount is payable directly to the insured individual and can be used to cover co-pays, deductibles, or personal bills.
The range of incidents and treatments covered by Unum Accident Insurance varies depending on the plan offered by the employer. However, it generally includes coverage for injuries that occur both on and off the job, from common injuries to more serious events. For example, it can include coverage for sports injuries, well-child visits, dental and vision exams, and even pet boarding.
Unum Accident Insurance also offers additional benefits such as the Be Well Benefit, which encourages insured individuals to maintain a healthy lifestyle by offering an annual cash benefit for completing eligible wellness screenings. This benefit can be used to cover expenses such as transportation, missed work, or other incidentals. Additionally, Unum Accident Insurance provides portability, allowing individuals and their families to continue coverage even if their employer's group policy ends due to an eligible portability event.
The amount of benefits paid out is determined by the insured individual's physician and is not subject to lifetime or annual maximum payout limits. This means that individuals can receive the financial support they need to cover the cost of their treatment and recovery without having to worry about reaching a cap on their benefits.
Unum Accident Insurance is underwritten by the Unum Life Insurance Company of America, Unum Insurance Company, Provident Life and Casualty Insurance Company, and First Unum Life Insurance Company. It is important to note that the base policy provides accident insurance only and does not include basic hospital, basic medical, or major medical insurance.
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It includes benefits for the insured's family members
Unum Accident Insurance is a supplemental insurance policy that can help individuals and their families cover the costs of accident care and recovery. It provides peace of mind by paying benefits directly to the insured or their family members in the event of a covered accident, helping to protect their finances.
The benefits offered by Unum Accident Insurance are designed to fill the gaps left by other insurance policies. It covers expenses that may not be included in an individual's medical, hospital, or major medical insurance plans. This includes out-of-pocket expenses such as co-pays, deductibles, and personal bills, which can quickly add up and cause financial strain.
Unum Accident Insurance offers benefits for a range of accidental injuries, from common to more serious incidents, whether they occur on or off the job. The benefit amount is based on the type of injury, the required treatment, and the specific plan offered. There is no lifetime or annual maximum payout, and the money can be used to cover a variety of expenses.
One of the key advantages of Unum Accident Insurance is its inclusion of benefits for the insured's family members. Family members who are covered under the policy can receive benefits directly, helping to ease the financial burden on the entire family. This feature ensures that spouses and dependent children are also protected in the event of an accident.
Additionally, Unum Accident Insurance offers portability, allowing the insured, their spouse, and children to continue coverage even if the employer's group policy ends due to an eligible portability event. This means that the family can maintain their financial protection even during life transitions or changes in employment.
Unum Accident Insurance also encourages its insureds to maintain a healthy lifestyle by offering additional benefits for those who take precautionary measures. The Be Well Benefit, for example, provides an annual cash benefit for those who undergo eligible routine health screenings. This benefit can be used to cover expenses related to transportation, missed work, or other incidentals, promoting overall health and wellness.
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Frequently asked questions
Unum Accident Insurance is an insurance policy that helps cover the cost of accident care and recovery. It is underwritten by the Unum Insurance Company, based in Portland, ME.
Unum Accident Insurance covers a range of incidents, from common injuries to more serious events. It provides a set benefit amount based on the type of injury and the treatment needed. It covers accidents that occur off the job and includes injuries sustained in organised sports, as well as critical illnesses.
Unum Accident Insurance pays benefits directly to the policyholder or their family members if they get treatment for a covered accident. The amount payable is based on the type of injury, treatment needed, and coverage. There is no lifetime or annual maximum payout.
Unum Accident Insurance can be purchased as an individual policy or through an employer's group policy. Some employers may offer it as a benefit to their employees. It can also be purchased as a new hire or during open enrollment without evidence of insurability.
Unum Accident Insurance helps ease the financial burden of accidents by covering expenses not typically included in medical insurance. It provides peace of mind and helps protect finances after an accident. It also includes additional benefits like the Be Well Benefit, which encourages healthy lifestyle choices and provides an annual cash benefit for eligible health screenings.
