Student Accident Insurance - Four Types That Are Available |
Unless you work at an excellent school, it is almost impossible to get affordable student accident insurance. Instead, your college usually offers this Plan to give students affordable coverage alternatives. However, even if you already do have private insurance, you may still need to pay co-payments or deductibles. If you don't have coverage, you can still protect yourself. Here's how. There are two main types of student accident insurance coverage: catastrophic accident insurance coverage and medical expense liability coverage. Catastrophic accident insurance coverage pays for the most serious injuries and medical expenses that you receive in a car crash. For instance, if your vehicle is damaged in a collision with a car, and you receive no medical expenses, then you will be covered by the policy. This means that the cost of your vehicle repair will be paid for by the policy. This is the ideal policy for those who have serious injuries in minor accidents. See this company for more info! Medical expense liability insurance coverage, on the other hand, covers any injuries or medical expenses that occur as a result of student accidents at educational institutions. This includes accidents that happen on school property, at sporting events, or anywhere else on school property. It is important to note that all medical expenses must be paid for through the policy. So, if you visit a doctor and he prescribes you medicine, you will need to pay for it through the medical expense policy. Make sure to click for more details! If you have children on the school bus, extended dental benefit coverage can be a good choice for you. Most school districts offer this type of coverage, but there are also several companies that offer extended dental benefit coverage, which you can purchase independently. This type of coverage usually covers accidents around the clock and pays up to $1 million for either a set number of dental treatments or a set number of visits to dentists or dental specialists. This type of student accident insurance coverage is not generally available from most school district plans. Get more facts about insurance at https://en.wikipedia.org/wiki/Property_insurance. Another type of policy that you may want to consider is the 'administrative burden' coverage. This type of coverage is designed to cover the administrative costs, including staff payroll, for any actions taken in an accident involving a student. This is the ideal policy for students who are active participants in school activities, since these types of activities usually involve physical contact with school property. In many cases, administrative burdens are funded by the school district, so it may be more affordable than you think. Finally, do not overlook the possibility of carrying medical payments coverage. Although it may sound expensive, this type of student accident insurance actually has a number of benefits. First, it covers any injuries that occur during or after a covered event. It also covers any medical expenses that result from those injuries. Medical payments coverage can be especially useful to educational institutions when injuries from athletic events happen on school time. |