Accidental Disability Coverage

Have you ever sat down to think about what it costs to keep your household going? Rent or mortgage? Food? Gas for the car? Utilities? School supplies? Car payments? Veterinary bills?

When you think about it, a substantial amount of money is required to just keep your family in the basic necessities. Now think about what if you were unable to work. If you weren’t getting paid, and money wasn’t coming in to the household, it wouldn’t be long before things went seriously awry.

And what if an accident left both you and your spouse on the sidelines simultaneously?

Hopefully you’ve got a nest egg for emergencies. But how long would that last before you and your family felt the pinch?

Accidental Total Temporary Disability (ATTD) is a unique kind of insurance coverage that pays you cash every week while you are injured and you can’t perform your job.

If you’re hurt in an accident and can’t perform the essential functions of your job, ATTD coverage sends you a weekly cash payment, for up to a total of 52 weeks. You can select your level of coverage – a payment of $250/week, or a payment of $500/week. You can also choose individual coverage, or coverage for both you and your spouse.

Even if you’re unemployed, an ATTD policy pays if the accident you sustain leaves you unable to perform the routine activities of a person in good health and the same age and gender as you.

Payments begin 14 days after the disabling injury is sustained and continue as long as you’re out of work, for a period of up to a year.

If an injury occurs on the job, you may already be receiving benefits from a different plan, such as Worker’s Compensation. An ATTD policy continues to pay, regardless of any other coverage or salary continuation plan.

At no charge, you’ll also receive Accidental Death and Dismemberment (AD&D) coverage along with your ATTD coverage. AD&D pays a one-time benefit of $5,000 if you die in an accident. If you experience a profound loss of bodily use, such as lost hearing or speech, loss of a hand or foot, or loss of sight, the policy also pays benefits, based on the severity of the dismemberment.

It’s your money, and you decide what to do with the benefits, should you need them. Since the money comes directly to you, and since you are in a position to make the best judgement regarding the things you need the money for, you’re in charge of deciding how to spend the benefits.

Wholesale Benefits Association (WBA) is Colohealth‘s premier partner in ATTD insurance plans. Their plans are remarkably affordable. Coverage at the $250/week level is available for one person for a monthly premium of only $17.95 and for two people for $39.95. You can purchase the higher level option, offering $500 worth of coverage/week, for a cost of $35.90 for one person, $79.90 for two. And they’ll offer you a discount of 9% off your premiums for paying for an entire year when you enroll.

Getting coverage takes about 5 minutes. There are no health questions, and you’ll be able to pay online by bank draft or credit card. Clicking here will take you to our partner’s website and their simple enrollment process. Click on “enroll” to get started.