An illness or injury can cause financial challenges that your main insurance will not pay for. Supplemental insurance is a separate policy that complements your primary life, health, or disability insurance to cover more areas of loss and more costs. When you secure Philadelphia supplemental insurance through Insurance Shops, you are armed with extra coverage for specific medical conditions or incidentals such as lost wages, copays, deductibles, or final expenses.
Types of supplemental insurance
Insurance Shops offers many different kinds of Philadelphia supplemental insurance. Here is a brief overview of the most common options:
Supplemental health insurance
Supplemental health insurance plans either expand coverage to a certain type of healthcare or pay for costs not otherwise covered. Depending on the plan, benefits may be paid to a medical care provider or directly to the policyholder. Types of plans include:
- Dental
- Vision
- Accident
- Critical illness
- Fixed indemnity
Supplemental disability insurance
Disability insurance protects you from lost income if you are sick or injured and not capable of working. Many people do not carry disability insurance beyond what they may receive through their employer or Social Security. These group plans set a cap on benefits at a certain dollar amount, meaning your income may not be fully replaced if you are injured and unable to do your job. A supplemental disability insurance policy provides relief from this financial burden with funds for living expenses.
Medicare supplemental insurance
Medicare does not supply all-inclusive healthcare coverage. There are many types of care and out-of-pocket charges that are not built into the system. Medicare supplemental insurance fills in these gaps to cover the additional costs that can mount quickly and become overwhelming.
Supplemental life insurance
When your only life insurance policy is through your employer, you will lose it if you leave your job. Employer-sponsored plans are also often inadequate and don’t offer funds for final expenses. Supplemental life insurance gives you more coverage to help you better provide for loved ones.
Insurance Shops is your best choice for Philadelphia supplemental insurance
Insurance Shops offers an array of Philadelphia supplemental insurance plans through reputable carriers. We have 30 years of experience helping clients find appropriate coverage and peace of mind for unexpected life events. Our services are offered without any cost to you, so come see what we have to offer. Call (215) 613-4999 or contact us online today.
