Serving the State of Florida

Accidents can happen unexpectedly, turning an ordinary day into a life-altering tragedy. The physical and financial repercussions can be significant, whether it’s a slip, fall or a more severe incident like a car crash. Fortunately, Personal accident insurance policies provide a safety net in these situations. It’ll give you peace of mind knowing you won’t have to use all of your money.

This is a type of policy that offers financial protection following an accidental injury or death. This coverage may include benefits for medical expenses, hospitalization and sometimes a one-time payment in the event of permanent disability or death. The primary goal of personal accident insurance is to alleviate the financial burden that arises from unexpected accidents.

What Personal Accident Insurance Covers

Medical Expenses

Personal accident insurance typically covers medical bills incurred by the accident. This includes additional costs related to hospital stays, surgeries, emergency room visits and prescribed medications. Covering these medical costs with insurance reduces the financial stress of treatments, allowing individuals to focus on their recovery better.

Hospitalization Benefits

Personal accident insurance may provide daily hospital cash benefits in case of extended hospital admission due to severe injuries. This coverage can offset income loss and extra expenses like transportation and accommodation for family members who need to stay in the hospital. It ensures the policyholder has reduced out-of-pocket costs for each day spent in hospital care.

Permanent Disability

Should an accident result in a permanent disability, personal accident insurance often provides a lump sum payout. The disability’s extent and severity usually determine the amount and is intended to help the insured adapt to a new way of life. This may include modifications to living spaces, specialized equipment or ongoing medical care and support services.

Accidental Death

In the unfortunate event that an accident causes death, this insurance policy provides a lump sum payment to the insured’s beneficiaries. This financial support can cover funeral and burial costs and temporarily replace lost income, aiding the deceased’s family members in managing their finances during a difficult time.

Temporary Total Disability

If an accident causes an injury that temporarily disables the insured from working, the policy may offer compensation for income loss during recovery. This benefit ensures that the insured individual has financial support until they can return to work, reducing the impact of income disruption on their financial stability.

Accidental Dismemberment

This coverage provides a benefit in the event of loss of limbs or other body parts. The compensation is typically proportional to the dismemberment’s severity and extent. This financial support can cover the unexpected cost of medical procedures, rehabilitation and necessary lifestyle adjustments following the injury.

Benefits of Personal Accident Policies

Types of Personal Accident Policies

Never Leave Your Home Without Personal Accident Insurance

Investing in personal accident insurance is a prudent step towards keeping your financial future safe from life’s uncertainties. Accidents can occur without warning, and having a reliable insurance policy protects you and your loved ones from the financial repercussions of such unforeseen events.

If you’re looking for insurance other than personal accidents, you can turn to Jaguar Insurance. We have expert insurance agents who can assist you in choosing and explaining the different insurance types we offer. Our 50-year combined experience makes us the go-to insurance company in Florida.

Request a callback today to learn more about our company and services.

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