Group accident insurance provides a lump sum cash payment to an individual due to an event covered under the policy. The funds can be used as needed to help cover things like deductibles, out-of-pocket medical costs or everyday living expenses.
Our accident insurance is designed to offer maximum flexibility and stand out in the marketplace with over 110 covered conditions and innovative features that meet the needs of diverse workforces.
Designed to stand out from the competition with features like these:
If the insured is injured in a covered accident, they can get a payout to use any way they wish to help cover deductibles, out-of-pocket medical costs or everyday living expenses.
| Benefit | Expense amount | Accident insurance payment |
|---|---|---|
| Broken lower leg | $4,000 | $1,250 |
| Broken wrist | $3,000 | $625 |
| Emergency room treatment | $1,100 | $300 |
| Ambulance | $400 | $200 |
| Hospital stay (2 days) | $2,000 | $1,800 |
| X-rays | $200 | $200 |
| Follow up visits (4) | $400 | $400 |
| Outpatient therapy visits (4) | $400 | $300 |
| Total | $12,500 | $5,075 |
Actual experience and benefit payouts may vary.
Ambulance services are expensive and typically result in out-of-pocket costs. We've teamed up with industry leader MASA® to provide a robust emergency transport benefit paired with our accident insurance coverage.
Check it outThis online decision-support tool is designed to educate employees about voluntary benefits offered through their employer. Benefit Scout offers coverage suggestions to help employees understand which benefits best fit their needs before they enroll.
1. A hospital does not include a rehabilitation center, nursing home, rest home, extended-care facility, convalescent home, a treatment center for drug and/or alcohol addiction(s) or a treatment center for mental health disorders, even if such facilities are affiliated with or adjoined to a hospital.
2. Payable up to a specified number of days while the insured receives treatment.
Emergency Transport Protection powered by MASA is offered through Obsidian Insurance Company, with its principal place of business at 1330 Avenue of the Americas, Suite 23A, New York, NY 10019. Coverage is not available in all states and is subject to the company underwriting guidelines and the issued policy. Policy forms and policy terms may vary by state and territory.
The benefits listed, and the descriptions thereof, do not represent the full terms and conditions applicable for usage and may only be offered in some memberships or policies. Premiums and benefits vary depending on the plan selected. MASA MTS utilizes third-party transportation service providers and does not own or lease any vehicles. MASA, MASA Global, MASA MTS and MASA TRS are registered service marks of MASA Holdings, Inc., a Delaware corporation and an affiliated company with Medical Air Services Association, Inc. (MASA), Medical Air Services Association of Florida, Inc. (MASAF), and MASA Insurance Services, Inc. (MISI)
Accident insurance is issued by Securian Life Insurance Company, a New York authorized insurer headquartered in St. Paul, MN. Product availability and features may vary by state. Securian Life Insurance Company is solely responsible for the financial obligations under the policies or contracts it issues. Products are offered under policy form series 23-32590 or a state variation thereof.
This is a summary of plan provisions related to the insurance policy issued by Securian Life Insurance Company. In the event of a conflict between this summary and the policy and/or certificate, the policy and/or certificate shall dictate the insurance provisions, exclusions, all limitations and terms of coverage.
This policy provides limited benefits. This policy has exclusions, limitations, reduction of benefits, terms under which the policy may be continued in force or discontinued. For costs and complete details of the coverage, contact Securian Life Insurance Company. All elections or increases are subject to the actively at work requirement of the policy. Securian Life products are offered under policy form series 15-32400 or 23-32590, or a state variation thereof. Product availability and features may vary by state.
This presentation provides general information to the recipient. Securian Life cannot provide legal or tax advice with respect to ERISA; COBRA; Health Savings Account (HSA) laws, rules or regulations, any applicable tax laws, rules, or regulation; or any other applicable federal or state laws, rules, or regulation. Any questions regarding these topics should be directed to your legal and tax advisors.
DOFU 10-2024
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