5 Accident insurance coverage options at $7 per month

Accidents are unpredictable and can happen when we least expect them. Having insurance coverage for accidents is crucial to protect yourself and your loved ones from the financial burdens that can arise from unexpected mishaps.

With Acci 7 PLUS accident insurance plans at just $7 per month, you can now secure your financial stability in the face of accidents. The cost is the same for everyone, regardless of age or gender. None of the benefits are taxable and payment is guaranteed in 7 days.

No medical exam required. The enrolment is quick and easy. Based on the coverages you choose, you could receive monthly payments to cover a period of disability, a lump sum in case of a fracture, or reimbursement for your medical expenses after an accident.

Let’s explore five accident insurance coverage options offered at this affordable rate.

5 coverage options at $7 per month each: 

1. Disability in case of accident
2. Accidental death, dismemberment or loss of use
3. Accidental fracture
4. Extended medical care further to an accident
5. Hospital benefit in case of accident or illness

Acci 7 PLUS is guaranteed issue, fully customizable accident insurance that offers 5 flexible coverages at an affordable $7/month per unit.

Create your own insurance plan from 1 to 5 different options at $7/month each

Acci 7 PLUS offers flexible accident insurance for the whole family that lets you build your own customized coverage and adjust it according to your needs. Easy and affordable, you create your own insurance using 5 different coverages at $7/month each, which you can combine however you like!

You can also use more than one unit of certain coverages to increase your benefits. For example, you could take 2 units of coverage for accidents in case of disability for a total of $14/month, which would make you eligible for monthly benefits of $1,400 per month.

Type of coverage

1. Disability in case of accident

Whether you’re employed or not, a non-integrated monthly benefit of $700 per unit (1 or 2) is paid for total disability in case of an accident resulting in: hospitalization, dismemberment, fracture, major burn or major laceration. The payment is not subject to a waiting period. Benefits may be payable multiple times for a period of 7 months per accident.

2. Accidental death, dismemberment or loss of use

This coverage provides protection in the event of death, dismemberment or loss of use resulting directly from accidental bodily injury, up to $70,000 per unit, to a maximum of $350,000 (5 units). Benefits vary depending on the loss.

3. Accidental fracture

This coverage provides a lump-sum payment of up to $7,000 per unit (1 or 2) in case of accidental bone fracture. In the event of multiple fractures, only the fracture with the highest benefit amount will be paid. This coverage is very useful for manual workers such as construction workers, hairdressers, plumbers, etc., who might face work stoppage due to a fracture.

4. Extended medical care further to an accident

This coverage reimburses medically necessary expenses incurred in Canada after the accident. Expenses must have been incurred within 12 months of the date the accident took place. The lifetime limit for reimbursement of expenses is $100,000. Examples of expenses covered include: hospitalization, ambulance, private home care, laboratory analysis, equipment rental, professional fees (physiotherapist, chiropractor, etc).

5. Hospital benefit

You can choose between coverage in case of accident or in case of accident or illness. A daily benefit of $70 to $350 per day is paid for hospitalization in Canada or the United States, for a period of 18 hours or more, including day surgeries. You just have to answer a few additional questions for the hospital benefit coverage for accident or illness.

Coverage amounts

The coverage amounts vary based on the coverage selected and the number of units per coverage:

• Disability: $700 or $1,400 per month (non-integrated benefits)
• AD&D: Up to $350,000
• Fracture: Up to $14,000
• Medical care: Lifetime maximum of $100,000
• Hospital benefit: Accident OR illness: $70 to $350 per day, lifetime maximum of 700 days

Eligibility

Canadian citizens:

• Age 0 to 74 at the time of the application, except for the following coverages: disability in case of accident: accessible for those 18 to 74 years old; hospital benefit (illness option) – accessible for those 6 months to 74 years old
• Not suffering from a chronic neurodegenerative disease or a permanent physical or intellectual disability
• Not disabled at the time of the application
• Covered by a provincial health insurance plan

Immigrants:

People living in Canada for at least 12 months are eligible

Let’s make a summary

Basic coverage

The basic coverage offers essential protection at an affordable price point of $7 per month. This plan provides coverage for accidental death and dismemberment, ensuring that your loved ones receive financial support in the event of a tragic accident. Additionally, it includes benefits for accidental fractures, which can help offset medical expenses associated with broken bones.

Enhanced coverage

For those seeking comprehensive coverage at an affordable rate, the enhanced coverage is an excellent option at $7 per month. This plan not only includes benefits for accidental death, dismemberment, and fractures but also extends coverage to include accidental burns. Whether it’s a minor burn or a severe injury requiring medical attention, this plan provides financial assistance to help you recover without worrying about the associated costs.

Comprehensive coverage

The comprehensive coverage offers enhanced protection for you and your family at a monthly rate of $7. In addition to the benefits provided in the other plans, this comprehensive coverage option includes reimbursement for emergency dental treatment resulting from an accident. Dental injuries can be costly to treat, but with this plan, you can receive financial support to cover necessary dental procedures following an accident.

Coverage for the whole family

Protecting your entire family from the financial consequences of accidents is made easy with the family coverage at $7 per month. This plan extends coverage to include accidental death, dismemberment, fractures, burns, and emergency dental treatment for all family members covered under the policy. Whether you’re a parent looking out for your children or a couple safeguarding each other, this comprehensive family plan provides peace of mind knowing that your loved ones are financially protected in case of accidents.

Travel coverage

For individuals who frequently travel within Canada or abroad, the travel coverage offers essential protection at an affordable rate of $7 per month. This plan provides coverage for accidental death, dismemberment, fractures, burns, and emergency dental treatment while traveling. Whether you’re on a weekend getaway or an extended vacation, this travel insurance ensures that you’re covered for accidents wherever you go, allowing you to enjoy your travels with confidence.

In conclusion, accident insurance coverage is a vital component of your financial planning. With affordable options at just $7 per month, you can protect yourself and your loved ones from the unexpected financial burdens that accidents can bring. Whether you’re looking for basic coverage or comprehensive protection, these five accident insurance coverage options provide peace of mind and financial security when you need it most.

Source:

https://ia.ca/individuals/insurance/health-disability-insurance/accident-insurance/acci-7-plus-en