For many years, Fidelity Insurance Company of America has offered supplemental insurance plans that aim to bridge the gaps left by standard health insurance. Founded in 1960, the company offers many different types of insurance for individuals and businesses. Their primary focus is on covering health-related expenses that your primary insurance may not fully cover. American Fidelity provides policyholders who require additional financial protection with a variety of insurance options. This article discusses the different types of insurance that American Fidelity offers and how they work.
1. Health and Accident Insurance
Health and accident insurance is one of the primary products sold by Fidelity USA. These plans provide additional coverage for medical expenses not fully covered by primary health insurance. So if your insurance does not cover certain services or your deductible is high, American Fidelity’s health and accident insurance can help you pay for things like hospital bills. This includes medical care, length of stay, and non-patient services. This is particularly beneficial for individuals who incur significant out-of-pocket expenses due to their primary insurance not fully covering them.
2. Critical Illness Insurance
American Fidelity also has a very important product called critical illness insurance. With this type of insurance, you get a fixed amount of money if you suffer from a critical illness, such as cancer, a heart attack, a stroke, or another serious illness. This coverage can help you deal with the financial stress of getting care, recovering, and paying for other related expenses. People who may need to take a longer period off work or need a longer recovery period can benefit the most from critical illness coverage. Critical illness insurance is helpful because it provides you with money when you need it most, allowing you to focus on recovery instead of worrying about paying medical bills.
3. Cancer Insurance
Customers diagnosed with cancer can benefit from cancer insurance, a type of critical illness insurance. Cancer care can be very expensive. Even if you have health insurance, you may still have to pay significant expenses, such as out-of-pocket costs for treatment, medications, and hospitalization. Certain types of cancer insurance from American Fidelity help cover these additional costs, which can make tough financial times easier. Insurance can cover cancer treatment costs, such as chemotherapy, radiation therapy, surgery, hospitalization, etc.
4. Disability Insurance
Another important type of insurance that American Fidelity offers is disability insurance. If you fall ill or sustain an injury that prevents you from working, this type of coverage aims to partially replace your lost income. People who rely on their income to support their families or pay their bills may be more likely to need disability insurance. Insurance often provides a portion of your pre-injury income, which can help you stay financially stable during your recovery. If you lose your job, Fidelity Disability Insurance USA can help you pay your bills and cover living expenses while you are away from work.
5. Hospitalization Insurance
If the policyholder becomes hospitalized due to illness or an accident, hospital indemnity insurance pays out the policy amount as a lump sum. This type of coverage helps pay for hospital expenses, including expenses that your primary health insurance may not cover, such as co-pays, deductibles, and non-medical expenses, such as transporting family members to and from the hospital or finding a place for them to stay. As a patient, American Fidelity’s hospital indemnity insurance can help you financially while you are in the hospital, so you don’t have to worry about the added costs of an extended hospital stay.
6. Accident Insurance
Another important service that American Fidelity offers is accident insurance. This coverage pays for injuries in an accident that require assistance. This can include broken bones, burns, or other physical injuries. This coverage can help pay for injury-related medical expenses, such as emergency room visits, surgeries, and physical therapy. Accident insurance can also help cover the costs of time off work due to an accident. People who engage in risky activities or who want extra financial security in the event of an accident benefit most from this type of insurance.
7. Whole Life Insurance
In addition to supplemental health insurance, American Fidelity also offers life insurance. Life insurance can provide financial assistance to your family and friends in the event of your death. This is crucial for primary earners who want to ensure their family can afford it after they die. American Fidelity offers several types of life insurance, such as term life insurance and whole life insurance. Each has its benefits. Term life insurance protects you for a set period, while whole life insurance protects you for life and builds cash value over time.
8. Dental and Vision Insurance
In addition to health insurance, American Fidelity also offers dental and vision insurance. Typically, major health insurance does not fully cover the cost of dental and vision care. This policy helps cover these costs. You can get routine care, such as cleanings and fillings, through dental insurance. It can also help pay for more in-depth care, such as a crown or root canal. Eye exams, glasses, and contact lenses can be expensive. Vision insurance can help cover these costs. People often forget about these types of insurance, but they are necessary to maintain health and overall well-being. You can get dental and vision insurance through Fidelity USA, either separately or as part of a larger insurance plan.
9. Short-Term Health Insurance
People who are in between major health plans, such as those changing jobs or waiting for other coverage to take effect, can use short-term health insurance to provide temporary coverage. This type of insurance only provides basic coverage for a certain period, usually three to 12 months. While short-term health insurance may not be as good as long-term health insurance, it can still help cover unexpected medical expenses during times of change. It can also be less expensive for people who only need services for a short period.
10. How American Fidelity’s Coverage Options Work Together
One of the great things about Fidelity You can combine America’s insurance options to ensure comprehensive protection. An example of this is having disability insurance, as well as accident and health insurance. The two programs can help each other. If you get sick or injured and can’t work, disability insurance can help you make up for lost wages. Medical and accident insurance can help you pay for your medical bills. This comprehensive approach offers multiple layers of protection, simplifying your financial management in the event of a health issue.
Conclusion
American Fidelity offers many different types of insurance to meet the needs of individuals and families who need additional health coverage. The company offers a variety of insurance plans, including cancer, critical illness, disability, and accident coverage, which can help you get financial help as your health develops. Understanding the different types of coverage can help you choose the policy that best suits your needs and ensure that you are prepared for the financial challenges that come with illness, injury, or other health issues.