Supplemental insurance is similar to other lines of insurance - such as life or health insurance - but it is not meant to be your only means of protection. While major medical or life insurance policies can provide the bulk of benefits to your family after an illness or loss, supplemental insurance benefits can be used to pay for unexpected out-of-pocket expenses or help with things like utility bills, rent, and the like. Because the benefits are paid directly to you, you decide how they're spent.
With major medical insurance, specifically, your insurance company pays the medical provider directly for services provided to you. With supplemental insurance, the benefits go directly to you, to use at your discretion.
There is a number of insurance products designed to help meet your needs, including supplemental disability insurance, supplemental accident insurance, supplemental health insurance and supplemental life insurance. We will help you to clearly understand each of these products so you can make the right decisions about your coverage.
Supplemental insurance - especially considering the benefits are paid to you - is generally very affordable. Consider the high cost of healthcare these days. Consider, too, lost wages if you're sick or have an accident and can't work. Supplemental insurance can help you with those costs, and more, making a difficult situation a little easier to bear.
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