Supplemental Insurance

Supplemental insurance coverages are designed to provide added financial protection beyond what standard health insurance offers. For example, Accident Insurance pays you cash if you're injured in an accident, helping to cover out-of-pocket costs while you recover. Critical Illness Insurance provides a lump sum payment if you're diagnosed with a serious condition like a heart attack, stroke, or cancer, which can help with expenses not covered by your regular health plan. Hospital Indemnity Insurance offers payments specifically for hospital stays, assisting with high deductibles or unexpected bills after procedures.

Other supplemental options include Disability Insurance, which replaces a portion of your income if you're unable to work due to injury or illness. Dental and Vision Insurance are also common add-ons, as these services are typically not included in standard health plans, yet they’re essential for overall well-being. For individuals on Medicare, a Medicare Supplement plan—also known as Medigap—can help cover out-of-pocket costs like copays and coinsurance that Medicare alone doesn’t fully handle. These supplemental coverages can offer valuable support and peace of mind during health-related challenges.