What a Trauma Insurance Quote covers varies from policy to policy. But in general, it helps you pay your medical bills if you’re the victim of a crime. While trauma insurance isn’t something you’ll likely need to use more than once in your life. It’s an important thing to have just in case you or your family members are ever involved in a traumatic incident. That ends up being very costly, such as a car accident or a violent crime. Here are some things to know about trauma insurance and how it can benefit you and your family.

Out-Of-Pocket Medical Expenses 

When you have a serious illness or injury, medical bills can quickly pile up. This is why it’s important to have health insurance. A Trauma Insurance Quote helps cover expenses not covered by your existing policy. This includes things like rehabilitation, physical therapy and some lost wages if you are unable to work for an extended period of time.

Loss-Of-Income Benefit 

After a trauma incident, beneficiaries may be temporarily disabled and unable to work. Disability benefits can help replace lost income while injured parties recover. For example, many policies allow beneficiaries to receive two-thirds of their wage before taxes for up to 52 weeks (or up to 78 weeks in New York).

Trauma Insurance
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Rehabilitation Expenses

The average rehabilitation cost for a complex injury can be more than $100,000, according to WebMD. Even if you have an extended benefits plan through your health care provider, you might still owe out-of-pocket expenses. And don’t forget about any ongoing medical costs. If you can work again in some capacity but need ongoing treatment for your injuries, those costs can add up quickly as well. Because these kinds of expenses are typically unexpected and uninsured losses due to incidents with third parties (as opposed to auto accidents where both parties are insured), they typically aren’t covered by an automobile or homeowner’s policy.

Living Expenses If You Are Unable To Work

First, if you can’t work, you might lose your income. Without an income, most people will be unable to cover their basic expenses like rent and food. Trauma Insurance Quote could provide a benefit (check with your provider) to help offset these living expenses until you find a new job.

Death Benefit

Trauma policies often include a death benefit paid out to your beneficiary if something unexpected happens and you don’t survive an accident or illness. The size of that benefit varies by policy but might be enough to cover funeral costs and other final expenses.

Lifestyle Changes 

When a severe injury occurs, often time families and individuals are forced to undergo life-changing changes. One such change can be modifications to their homes. Home modifications such as wheelchair ramps and walk-in bathtubs can cost thousands of dollars for those who have suffered lower limb injuries. Trauma Insurance helps you cover some or all of these costs if they result from an accident caused by another party.

Repaying Debts 

When a loved one passes away, it is common to have outstanding debts on accounts such as a mortgage or credit card. Unfortunately, many people do not realize that these debts are paid automatically by life insurance proceeds. Unfortunately, without enough insurance coverage, these debts can’t be paid off after death, leading to more problems for family members down the road. Trauma Insurance helps family members recover from the loss.


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