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Group accident insurance

Don't let an accident hurt more than it should

Group accident insurance provides a lump sum cash payment to an individual due to an event covered under the policy. The funds can be used as needed to help cover things like deductibles, out-of-pocket medical costs or everyday living expenses. 

See how we explain this benefit to employees

Why offer group accident insurance?

  • Cash benefit paid directly to the insured to use any way they choose
  • Benefit payout doesn’t depend on employee’s income or participation in other employer insurance offerings
  • No health questions asked — coverage is always guaranteed
  • Multiple benefits available for any one accident
  • Dependents eligible for same benefit amounts as employee

What does the policy cover?

Our accident insurance is designed to offer maximum flexibility and stand out in the marketplace with over 110 covered conditions and innovative features that meet the needs of diverse workforces.

Core benefits 

  • Ambulance (air, ground or water)
  • Dislocation
  • Emergency room treatment
  • Fracture
  • Hospital2 stay
  • Paralysis (quadriplegia, paraplegia, hemiplegia or uniplegia)

Additional benefits

Designed to stand out from the competition with features like these:

  • Hospital stay not dependent on admission — Our hospital stay benefit does not require hospital admission in order to be payable. Rather, the insured needs to satisfy the condition of receiving treatment for a specified number of hours.
  • Organized sports injury  includes adults and children - While some providers only offer this benefit for children, our solution is available for adults, and children up to the age of 26.
  • Lacerations — no measuring required - Many products in the marketplace pay for lacerations based on the length. Our laceration benefit is based on whether stitches or staples are required, not on combined length of lacerations.
  • Post-traumatic stress disorder (PTSD) — PTSD can develop after exposure to a potential traumatic event that is beyond a typical stressor. This benefit is payable upon diagnosis.
  • Personal safety training — Provides a benefit for the completion of CPR/first aid certification, swim lessons, self-defense classes and more.
  • Pet Boarding — Provides a benefit to pay for the care of a pet while an insured person is hospitalized due to an accident.
  • Health and wellness, including annual physical  Many health and wellness benefits in the marketplace offer a different set of screenings and do not include an annual physical exam. Our products include one of the most comprehensive lists with up to 60 screenings available in our standard policies.

How does this insurance work?

If the insured is injured in a covered accident, they can get a payout to use any way they wish to help cover deductibles, out-of-pocket medical costs or everyday living expenses.

Benefit example



Janet slips off a stair and breaks her lower leg and wrist

Medical expenses

Janet spends two days in the hospital


Janet could receive a cash payout to help cover her expenses
Benefit Expense amount Accident insurance payment
Broken lower leg $4,000 $1,250
Broken wrist $3,000 $625
Emergency room treatment $1,100 $300
Ambulance $400 $200
Hospital stay (2 days) $2,000 $1,800
X-rays $200 $200
Follow up visits (4) $400 $400
Outpatient therapy visits (4) $400 $300
Total $12,500 $5,075

Actual experience and benefit payouts may vary.

Take the next step

Learn more about our group accident insurance product.     

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1. A hospital does not include a rehabilitation center, nursing home, rest home, extended-care facility, convalescent home, a treatment center for drug and/or alcohol addiction(s) or a treatment center for mental health disorders, even if such facilities are affiliated with or adjoined to a hospital.

2. Payable up to a specified number of days while the insured receives treatment.

This is a summary of plan provisions related to the insurance policy issued by Securian Life Insurance Company. In the event of a conflict between this summary and the policy and/or certificate, the policy and/or certificate shall dictate the insurance provisions, exclusions, all limitations and terms of coverage.

This policy provides limited benefits. This policy has exclusions, limitations, reduction of benefits, terms under which the policy may be continued in force or discontinued. For costs and complete details of the coverage, contact Securian Life Insurance Company. All elections or increases are subject to the actively at work requirement of the policy. Securian Life products are offered under policy form series 15-32400 or 23-32590, or a state variation thereof. Product availability and features may vary by state.

This presentation provides general information to the recipient. Securian Life cannot provide legal or tax advice with respect to ERISA; COBRA; Health Savings Account (HSA) laws, rules or regulations, any applicable tax laws, rules, or regulation; or any other applicable federal or state laws, rules, or regulation. Any questions regarding these topics should be directed to your legal and tax advisors.

DOFU 11-2023