11 December ManhattanLife's Personal Accident Insurance Solution for You - P.A.I.D December 11, 2019 By Co-Editor Accident Insurance accident insurance, health, insurance product 0 What is Personal Accident Insurance? Personal Accident Insurance is an individual insurance plan that you can purchase in addition to your current insurance. When it comes to accidents, the only thing we can plan for is having some of our out-of-pocket expenses covered. Is Personal Accident Insurance Worth It? Most people think of cars when the topic of accidents comes up, and in fact, over 2.5 million people were injured due to car accidents in 20171. However, car accidents are only a piece of the larger conversation. In 2018, there were 2.8 million recorded cases of nonfatal occupational injury and illness, ranging from fractures to burns to carpal tunnel. A person could miss anywhere from 3 to 48 days of work, depending on the nature and severity of the injury or illness. 2 For most people, the cost of even 1 missed day is too much. ManhattanLife’s Personal Accident Indemnity Delivery (PAID) is your accident insurance solution. ManhattanLife is one of the few companies to offer both “24-Hour” and “Off-the-Job Only” options. The 24-Hour option covers you whether you’re at work or off the clock. The Off-the-Job Only option covers accidents outside of the workplace. How Do I Get Personal Accident Insurance? You’re eligible to apply if you’re between 18 and 64. If approved, your policy is Guaranteed Renewable until age 703 – meaning you’re covered until age 70 as long as you continue to pay premium. You can purchase coverage for yourself or your family, with options for an Annual Wellness Benefit Rider and a Disability Income Rider depending on your state of residence. Benefit Highlights Include: Up $1,000 for Hospital Admission Up to $5,000 for Fractures Accidental Death coverage for each insured4 Up to $10,000 for burns, based on size and degree Emergency Dental Air and Ground Ambulance coverage ER Treatment Take control of your out-of-pocket expenses and make sure you have options for keeping them down. Visit our Accident Insurance Policies page for more information. 1Data source: NCSA’s 2019 “Traffic Safety Facts 2017 A Compilation of Motor Vehicle Crash Data (Annual Report) https://crashstats.nhtsa.dot.gov/#/DocumentTypeList/12 2Data source: the Bureau of Labor Statistics Injuries, Illnesses, and Fatalities statistics https://www.bls.gov/iif/soii-chart-data-2018.htm 3Premium rates are subject to change 4Accidental Death coverage: up to $50,000 for individual, $20,000 for spouse, and $10,000 for child Related Posts Cancer Insurance Policy Solutions for You Cancer is the second leading cause of death in the United States. ManhattanLife offers two Cancer Insurance Policy solutions, each with rider options that can give you even more robust coverage. The Debt We Leave Behind - How Individual Life Insurance Can Help Making sure our families are protected financially should the unexpected happen has become more and more of a necessity. Introducing: Accident Indemnity Plus ManhattanLife is adding a product to its extensive portfolio of Voluntary Benefits! Accident Indemnity Plus is a plan that accounts for multiple types of accident scenarios at an affordable and highly competitive rate. Hospital Indemnity Insurance - How Teladoc and Karis360 Work for You We're breaking down Teladoc and Karis360, two sponsored benefits included with two of ManhattanLife Hospital Indemnity insurance plans. Dental, Vision, and Hearing Insurance from ManhattanLife ManhattanLife’s Dental, Vision and Hearing insurance plan combines coverage for your dental, vision, and hearing needs into one, affordable monthly premium. Our plan is guaranteed issue for anyone ages 18 to 85, and is guaranteed renewable for life*. With no networks, our plan allows you to choose your dentist and doctors. Our simple application is easy and requires no health related questions. A Brief History of Medicare and Medicaid On July 30th, 1965, President Lyndon B. Johnson signed the bill that would lead to the implementation of Medicare and Medicaid. Back then, the program included Medicare Part A, hospital insurance, and Medicare Part B, medical insurance. Today, Parts A and B are called “Original Medicare”, and continue to help Americans with their healthcare costs. Comments are closed.