Monthly Benefits When You Need Them Most: The Advantage of Accident Disability Direct
Accidents can happen at any time, leaving individuals with unexpected injuries that can lead to months our of work and even total disability. When such an unfortunate event occurs, it can have a significant impact on an individual's financial stability, making it difficult to pay for medical expenses and everyday living expenses. This is where Accident Disability Direct comes in, offering a plan that can help individuals financially during such times.
Accident Disability Direct is a plan that pays monthly cash benefits directly to the individual during periods of total disability caused by accidental injury. This means that if an individual is injured and unable to work due to the injury, Accident Disability Direct will provide them with a cash benefit to help them cover their expenses.
Applying for Accident Disability Direct is simple and can be completed in minutes. The plan pays up to a $2,500 monthly cash benefit for a physician-verified period of total disability caused by injury. The waiver of premium benefit is also included, which means that after a period of 90 consecutive days of total disability, the additional rider waives the monthly premium with no interruption in coverage.
The benefits of Accident Disability Direct are paid directly to the individual and not to their doctor or hospital. This means that the individual can use the money for unexpected medical costs or everyday living expenses such as rent/mortgage, car payments, child care, and co-pays or co-insurance.
One important thing to note is that 95% of disabling injuries occur off the job, which means that Worker’s Compensation does not cover them. This is where Accident Disability Direct can provide much-needed support to individuals who have been injured outside of work.
Accidents can happen to anyone, and the resulting injuries can be devastating, both physically and financially. Having coverage through Accident Disability Direct can give you peace of mind knowing that you have a monthly benefit to help you during times of total disability caused by accidental injury. This means that you don't have to rely on charity or family to help you cover your expenses. Instead, you can focus on recovering from your injury, knowing that you have the financial support you need to get by. With the help of Accident Disability Direct, you can face any unexpected injury with confidence and security, knowing that you have a plan in place to protect you and your family.
The coverage works by paying a monthly cash benefit for a physician-verified period of total disability due to an injury. There are different benefit options available, ranging from $500 to $2,500, with the benefit not exceeding 60% of the individual's prior monthly income.
Accident Disability Direct also offers different maximum period payable options, including 12 or 24 months, and elimination period options, including 14, 30, 60, or 90 days. These options allow individuals to customize their coverage according to their needs and preferences.
An elimination period is the period of time that you must wait before your benefits kick in after you have become totally disabled due to an injury. This waiting period is intended to prevent people from filing claims for minor injuries that do not seriously impact their ability to work. With Accident Disability Direct, you have the option to choose your elimination period, with choices ranging from 14 to 90 days. Choosing a shorter elimination period means that you can start receiving benefits sooner, but it also means that your premiums may be higher. Choosing a longer elimination period can result in lower premiums, but you will have to wait longer to receive your benefits. It's important to consider your financial situation and choose an elimination period that makes sense for you.
In conclusion, Accident Disability Direct is a plan that provides individuals with financial support during times of total disability caused by accidental injury. The plan pays monthly cash benefits directly to the individual and can be used for unexpected medical costs or everyday living expenses. With affordable premiums that do not increase as an individual gets older, Accident Disability Direct can provide much-needed support to individuals who have been injured off the job.
If you are interested in getting coverage through Accident Disability Direct, a local agent at Utah Avenue Insurance can help you get a quote the same day. They can also help you understand all the benefits of the plan and answer any questions you may have. If you decide to enroll, your local agent can help you start your plan as soon as tomorrow. Having a local agent to guide you through the enrollment process can make things easier and ensure that you have the coverage you need when you need it most. So don't hesitate to reach out to a Utah Avenue Insurance agent to learn more about Accident Disability Direct and how it can benefit you.