Combining these policies with your personal health insurance can put you in a superior financial position in a health crisis.
Personal Accident Insurance covers your expenses from an accident with a lump sum payment, a daily or monthly amount or a payment for loss of life from an accident. Several types of policies supplement an insurance program. Often, accidental death and dismemberment is an inexpensive form of personal accident insurance.
Critical illness insurance or critical illness cover is an insurance product, where the insurer is contracted to typically make a lump sum cash payment if the policyholder is diagnosed with one of the critical illnesses listed in the insurance policy.
Short Term Health Insurance is an affordable option to cover the gap when you find yourself between traditional health insurance plans. Perhaps you had a change in employment or another life change that left you without health insurance. If so, Short Term Health might be the right option for you. These plans can offer you up to 6 months of coverage and help get you by until other options may become available.
Go the extra step to protect yourself when traveling abroad with Travel Insurance. People often don’t realize that their medical insurance plans have little to no coverage for incidents outside the country. If you or someone you love is traveling abroad, please strongly consider protecting yourself with Travel Insurance.
If your on Medicare, the supplemental plans below will help ensure your protected.
Hospital Recovery Insurance is designed to pay you, or someone you designate, a cash benefit upon discharge from a hospital stay and assist you in the recovery phase following a hospital stay.
Long-term care goes beyond medical care and nursing care to include all the assistance you could need if you ever have a chronic illness or disability that leaves you unable to care for yourself for an extended period of time. You can receive long-term care in a nursing home, assisted-living facility, or in your own home. Though older people use the most long-term care services, a young or middle-aged person who has been in an accident or suffered a debilitating illness might also need long-term care.
The plans below help to ensure you are protected financially in case of injury or disability.
Short term disability insurance pays a percentage of your salary if you become temporarily disabled, which means that you are not able to work for a short period of time due to sickness or injury not related to your job. Typically, long-term disability insurance can be purchased to replace 50-70% of salary. Some employers allow employees to purchase extra insurance from the same company, sometimes raising the total to 80%.
Business Overhead Expense (BOE) disability insurance pays the insured’s business overhead expenses if he or she becomes disabled. A BOE policy pays a monthly benefit based on actual expenses, not anticipated profits.
*Some information in this video may be outdated, but many of the principles are timeless and worth watching.
Call us with any questions you may have.
Hospital Recovery Insurance with LifeSecure
Travel Insurance with IMG
Serving the residents of the beautiful Blue Water Area and the Thumb since 1978…
Grant Smith
Insurance Agency, LLC
2916 Pine Grove Avenue
Port Huron, MI 48060
Phone: (810) 984-1373
Fax: (810) 984-1384
Email: grantsmith@grantsmith.com
