Skip to main content
Securian Financial

Accident Insurance

Don’t let an accident hurt more than it should

Accident insurance helps you plan for the unexpected, reducing worry about what could happen to your personal finances when an accident happens.

What is accident insurance?

Accident insurance provides a lump sum cash payment to you if you suffer injury from an accident covered under the policy. You may use the money however you wish.

Policies vary, but some do not require you to answer questions about your health when enrolling and some enable you to enroll for coverage for your dependents, too.

How accident insurance works



Andrea falls and breaks her leg.


Luckily, Andrea’s medical insurance pays the majority of her medical costs.


But Andrea’s expenses are just starting: She hasn't met her high deductible, she has to hire transportation to physical therapy and she needs a babysitter to watch her young children during the day.


Because Andrea has accident insurance, she receives a cash payout and uses it to help pay her deductible, transportation and extra child care costs.

What accident insurance covers

Accident insurance is not medical insurance, although you may use it for expenses not covered by other insurance. 

Expenses typically covered by accident insurance can include:

  • Emergency room costs
  • Ambulance costs
  • Additional hospital expenses
  • Rehabilitation and therapy
  • Everyday living expenses

Certain limitations apply; be sure to check any policy for possible exclusions prior to enrolling.

Why accident insurance makes sense

The average cost of an emergency room visit is over $1,400.1 And, since 45 percent of Americans go to the ER each year2, it might be smart to plan ahead.

Think about it: While you’re spending money to cover medical costs, you might have less money coming in if your injury prevents you from being able to work.

What’s more, daily life might become more expensive if you can’t perform your usual day-to-day tasks like driving a car, cooking or mowing the lawn.

1. Agency for Healthcare Research and Quality, Medical Expenditure Panel Survey (MEPS), 2013.

2. National Center for Health Statistics, Center for Disease Control.

This is a limited benefit product. Accident insurance has exclusions, limitations, reduction of benefits and terms under which the policy may be continued in force or discontinued. For costs and complete details of the coverage, contact Securian Financial Group. Product availability and features may vary by state.

DOFU 5-2017