Supplemental insurance is additional insurance coverage that you can get to help pay for expenses that your regular insurance might not fully cover, like co-pays, deductibles, or other out-of-pocket costs. It's like extra protection that fills in the gaps left by your main insurance policy.
Full definition
Since the average employee remains with an employer for less than five years,
purchasing supplemental insurance through a private carrier may be a much better option.
Moreover, you may want to
buy supplemental insurance such as uninsured motorist coverage, rental car insurance, even pet insurance.
Whole life plans are growing in popularity once again because they are customizable and can feature rider enhancements to provide
supplemental insurance coverage to protect against a number of life's challenges.
Some auto insurers now offer
supplemental insurance products (at additional cost) that extend coverage for vehicle owners that provide ride - sharing services.
Some auto insurers, however, are now
offering supplemental insurance products (at additional cost) that extend coverage for vehicle owners providing ride - sharing services.
Since the average employee remains with an employer for less than 5 years, purchasing
supplemental insurance through a private life insurance carrier may be a much better option.
If you had
term supplemental insurance coverage and would have trouble gaining access to comparable rates elsewhere, you should convert your policy.
Your independent insurance agent can help you identify coverage gaps that may exist in your current or prospective policies, and can recommend and help you
obtain supplemental insurance to mitigate those exposures.
If you are already retired, you can compensate your healthcare expenses by purchasing illness - specific coverage or
supplemental insurance policy.
When it comes to auto insurance policies and choices, by far the most common type
of supplemental insurance is collision and comprehensive coverage.
Many people with major medical insurance plans have found health benefit insurance can be used
as supplemental insurance to help pay deductibles and other cost shares.
As a free perk, some credit card issuers
offer supplemental insurance, such as car rental collision insurance, travel cancellation insurance and even cell phone replacement coverage.
However, individuals with employer - sponsored policies can supplement their policies with employer -
sponsored supplemental insurance or coverage through private companies.
If you are a senior finding it difficult to pay for the cost of medical care not covered by Medicare, you may be able to find a
Medicare supplemental insurance policy through State Farm Insurance Company.
While the Internal Revenue Service recognizes some insurance costs as approved tax deductions, the agency does not allow taxpayers to claim a deduction for
supplemental insurance premiums purchased through the AFLAC Co..
The Aflac U.S. segment sells
voluntary supplemental insurance products including products designed to protect individuals from depletion of assets and loss - of - income products.
Phrases with «supplemental insurance»