Accident And Health Insurance
What Does Accident And Health Insurance Mean?
Accident and health insurance is a type of coverage that protects policyholders from losses incurred due to injuries resulting from accidents or various other health-related issues. It is commonly offered by employers and provided to employees as part of an incentive package to encourage them to work for the company.
Insuranceopedia Explains Accident And Health Insurance
Accident and health insurance can cover costs related to medical care, such as hospital bills, and can also provide coverage for lost income. This is especially beneficial for individuals who suffer a serious injury from an accident or face another significant health issue that prevents them from working for a period of time. In many cases, accident and health coverage extends to the policyholder’s family or dependents as well. The specific individuals covered depend on whether the policy is purchased by the individual or their employer.
