Supplemental

Supplemental insurance plans typically pay a cash benefit to the insured. The amount of cash and how it is paid out depends on the supplemental health insurance plan or policy. Two of the more popular supplemental health insurance policies are specific disease insurance such as for cancer and accident health insurance.

Disease Specific Insurance: This type of supplemental health insurance provides a cash benefit paid directly to you if you require treatment for a specific disease such as cancer. Usually the benefit is paid per day or per procedure. There is a usually a minimum daily benefit and a policy maximum. The cash can be spent in any way you would choose and getting your benefit would have nothing to do with how much your insurance paid for your medical costs.

Accident Health Insurance: This type of supplemental insurance typically would reimburse you for medical costs resulting from accidents. Benefits are paid if you die (to your beneficiaries) or are disabled due to a specific accident outlined in the policy. Premiums are usually low and no medical exam is required. Accidents can include car accidents and accidents in the home or at your job.

For more information about these and other types of Supplemental Insurance please click on the link below:
www.chooseaflac.com/tdafinancialservices