KJ's Test Course-Transamerica_2024_Accident Adv Plan 1 & 2 Bi-Weekly_Summary

Transamerica_2024_Accident Adv Plan 1 & 2 Bi-Weekly_Summary_ASGE

Pdf Summary

AccidentAdvance, underwritten by Transamerica Life Insurance Company, offers accident insurance to help cover unexpected medical bills when accidental injuries occur. A policyholder, George, takes advantage of this insurance after suffering a foot injury, using it to cover costs not met by his primary health insurance, such as copays and lost income from missed workdays. The insurance benefits are paid directly to individuals, offering flexibility in spending on recovery needs.<br /><br />The coverage provides substantial benefits for various types of emergency services, follow-up visits, and rehabilitation therapies. It also extends to support during hospitalization and, if required, intensive care. Additionally, George could have received benefits for further expenses like ambulance services and specific procedures.<br /><br />Accident insurance policies under this plan offer options for covering family members, which provides peace of mind, especially for those with children who may often have accidents. Dependents can maintain this coverage until age 25.<br /><br />The insurance scheme is convenient, offering easy claim processes online and payroll-deducted premiums. Specific benefits are outlined for dislocations, fractures, and other injuries, with different payout amounts based on injury severity and treatment requirements.<br /><br />Furthermore, optional riders are available, including Accidental Death and Dismemberment with compensation for fatalities under certain conditions, and a Wellness Benefit Rider offering annual screenings. <br /><br />Restrictions include non-coverage for injuries occurring in risky activities or those incurred during employment. The program features a portability option where, following loss of eligibility, coverage can be maintained by paying premiums directly.<br /><br />Complete policy details, including limitations and exclusions, are available for potential enrollees across various U.S. states. Additional resources and customer service can be accessed via Transamerica's dedicated website and helpline.

Keywords

AccidentAdvance

Transamerica Life Insurance

accident insurance

medical bills

policyholder benefits

coverage options

claim process

optional riders

portability option

customer service