What type of coverage do accident-only policies provide?

Accident-only policies are specifically designed to provide coverage solely for injuries resulting from accidents. They do not cover any medical expenses stemming from illnesses or other health-related issues. This type of policy is often sought after by individuals looking for a more affordable option to cover unexpected costs associated with accidental injuries, such as hospital visits, surgeries, or rehabilitation related to an accident.

By focusing exclusively on accidents, these policies offer targeted financial protection without the broader scope of comprehensive health insurance plans, which encompass a wide range of medical needs including preventive care, chronic condition management, and treatments for sickness. Consequently, accident-only coverage can be particularly beneficial for those who seek to manage risks associated with unforeseen accidents without the complexities and higher costs of traditional health insurance.