They’re called accidents for a reason. They can come out of nowhere, causing inconvenience — and unexpected bills. Unum’s accident insurance can provide a lump-sum benefit to employees, so they have a financial cushion while they work to regain their health.
While major medical can cover some of the costs related to an accident, employees are often left with extra out-of-pocket expenses. Accident coverage provides a payment directly to employees that they can use as they need. There are no calendar-year maximums, so employees can receive benefits for multiple accidents — even recurring ones — over the life of their policy. And since this coverage is funded by the employee, you can provide this valuable coverage at little or no cost to your company.
Family coverage options — Provides an extra level of protection for spouses and children
Budget-friendly payroll deduction — Allows you to offer the benefit to employees with no extra billing
Wellness Benefit — Pays a cash benefit for select health screenings, which encourages a healthier workforce
Guaranteed issue — Enables employees to get coverage without answering health questions
Accident coverage is a valuable supplement to existing benefits plans.
THESE POLICIES PROVIDE LIMITED BENEFITS
The policies or their provisions may vary or be unavailable in some states. The polices have exclusions and limitations which may affect any benefits payable.
Individual coverage underwritten by: Provident Life and Accident Insurance Company, Chattanooga, Tennessee
Group coverage underwritten by: Unum Life Insurance Company of America, Portland, Maine
In New York, coverage underwritten by: First Unum Life Insurance Company, New York, New York
The base policies provide ACCIDENT insurance only. They do NOT provide basic hospital, basic medical or major medical insurance as defined by the New York State Insurance Department.
The expected benefit ratio for the individual accident policy is 50%. This ratio is the portion of future payments that the company expects to return as benefits when averaged over all people with this policy.
IMPORTANT NOTICE – THE BASE POLICIES DO NOT PROVIDE COVERAGE FOR SICKNESS.