Why you should drop your accident insurance and get a Gap Insurance plan

If you purchased a supplemental accident insurance plan from us, you need to drop it.
It’s not everyday we make a statement like that, so read on.
The accident insurance plans we’ve had available in the past typically cost $35/month for a family ($25 for an individual) and provide up to a $2500 benefit if someone is hurt in an accident. That’s always seemed pretty cool for people with high deductible health insurance plans — a nice way to help you meet it if something unexpected happens. The plan we most commonly sold carried a deductible a bit south of $200.
So it was a good plan. But you need to drop it because we’ve got something much better: A personal gap insurance plan.

It functions the same way, but doubles the accident benefit. So now, if someone is hurt in an accident, you could get more than $6,000, which is really nice because most gold and silver plans available in Obamacare have an out-of-pocket maximum of $6,350.
But wait, there’s more! (Sorry — I always wanted to say that). The plan goes beyond accident insurance to also provide critical illness insurance. So if you have a heart attack, stroke, or are diagnosed with a critical illness like cancer, you’ll get a lump sum for that too.
We’ve often suggested to clients purchasing a high deductible that they may want to consider an accident policy for around $35/month and/or a critical illness policy (in the same price range, give or take). But this personal gap insurance plan gives you both (plus a couple of other fringe benefits) at a similar price.
I carry a personal gap plan for my family, and believe it’s something you should think about too. Follow the links to learn more!