SUPPLEMENTAL Insurance Policy
For all the types of insurances that are available for people to purchase, there are just as many types of supplemental insurance. Quite simply, this type of insurance is designed to fill in where your regular insurance falls short. Anyone who needs extra coverage can purchase this extra insurance, provided that you meet each individual provider’s criteria. Pre-exiting conditions and age are the two most common factors.
Homeowners insurance protects your home and belongings. In some cases, there are limitations on what kind of damage is covered under your policy terms. A supplemental policy can help provide coverage for that damage, such as when a regular policy does not have flood coverage.
Health insurance supplementation can also provide additional coverage. Many health insurance companies have a limit on what amount they will pay for certain services, which leaves the policyholder discharging the remainder. A supplemental policy can help cover the difference or even cover services your regular policy does not, depending on the chosen policy.
Dental and vision supplementation is also available. In many cases, people have chosen health insurance policies that do not include these types of coverage, or the provider does not offer them. A supplementation policy can provide dental and visions benefits, or cover extra costs associated with their use.
Auto and life insurances have a type of supplemental coverage available as well. Supplemental auto coverage can help ensure that you are adequately taken care of in the event of an accident or other damage. With life insurance, supplemental coverage can provide you with additional benefits or cover something beyond the scope of your existing policy, such as accidental dismemberment.
When you are shopping for supplemental insurance, it is important to speak with an advisor that can assist you in finding the perfect policy for you. Being insured is vital. Get covered today.