It sounds weird when an insurance agent talks about having a "favorite" policy, but I do prefer one of the accident insurance plans we offer over some of our other offerings. Between appointments one day a colleague asked me why I loved selling accident plans so much.
"I like them because anyone can be in an accident, but no one has pre-existing conditions that could prevent someone from getting a policy," I said. "Plus, it can cover the client on or off the job*, so it pays on top of workers' comp or any other insurance."
Over the years I've sold hundreds of accident plans to people in all kinds of professions. Here's a small list:
- Realtors - They are in the car a lot, going into unoccupied homes, inspecting property with all kinds of perils like holes, bushes, debris, etc.
- Other sales people - I've sold a lot of accident insurance to people who sell advertising, solar panels, cleaning systems and other wares. Again, riding in traffic is scary enough and sales people are in their vehicles for a large portion of the day.
- Cosmetologists/barbers/beauticians - Chemicals and scissors. Enough said.
- Teachers - In a previous post I told the story about the kid on the playground who tried to make a break for it running over his teacher and breaking her arm in the process.
- First responders - Fire fighters and police are always putting themselves in danger.
But there are also those who aren't concerned about getting hurt at their work, but their extracurricular activities can be worrisome.
- Amateur athletes - You can count on kids who play games and sports to get hurt from time to time. It's the nature of the game.
- Outdoor enthusiasts - From hikers to bikers to campers, if you like the outdoors there are plenty of opportunities to suffer an injury.
- Amateur gardeners - I do my own landscaping and have thrown my back out on more than one occasion. Cuts and scrapes are inevitable each Saturday morning in my yard.
- Parents - If you are active or have kids who are, these plans are very good. Sports related injuries can be covered.
In addition to the plan, there are optional riders available, like a wellness rider and a disability income (accident only) rider. The premiums are very affordable. A 50-year old couple could get the Level 2 benefits** with no riders for under $40/month (quoted on 12/14/2020).
The policy also covers accidents resulting in:
- Accidental death
- Accidental dismemberment
- Lacerations
- 2nd and 3rd degree burns
- Broken bones
- Dislocations
- Hospital confinement
- Hospital admission
- Emergency room treatment
- Many more
So when you wonder why I appreciate a good accident insurance plan, it's because if you have any kind of accident and need medical attention, the plan will be there. It's the kind of coverage that truly gives a person peace of mind, for themselves and their family.
*You can decide at the time of the application if you want the policy to cover "on the job" accidents or not.
**For a brochure describing the coverage, drop a note in the comments section with your email and we'll promptly send you a PDF.
Chris Castanes is the president of Surf Financial Brokers, helping people find affordable life and disability insurance coverage. He's also is a professional speaker helping sales people be more productive and efficient and has spoken to professional and civic organizations throughout the Southeast. And please subscribe to this blog!
