American Express "Accident Protection Plan" + other Amex insurance thoughts?
anyone with an amex get a call about this?
from what I can remember
4 tiers of coverage in case of accident or injury...tax free payout etc
50k / $7 per month
150k / $16 per month
20k included for home retro fit....
I passed but was curious if anyone know anything about the coverage vs. traditional accidental benefit coverage
https://www212.americanexpress.com/dsml ... faad94RCRD
In case of an accident, you have a backup plan.
You receive a lump sum payment in the event of:
Accidental Death
Dismemberment
Paralysis
Select the amount of coverage you need1:
$50,000
$100,000
$150,000
$250,000
Choose the type of coverage that suits your needs:
Single
Single Parent Family
Couple
Family3
Additional benefits to help you manage:
Receive up to an additional $20,000 to modify your home as you need with items such as wheelchair ramps, a walk in shower or other items you may need for rehabilitation2.
Receive a cash payment of up to $10,000 if you were to break a bone as a result of an accident.
Available Tuition Benefit
The optional tuition benefit would provide $10,000 towards your children's education if you were to become paralyzed, lose a limb or if you were to pass away as a result of an accident. This benefit also applies to your spouse under the Couple or Family coverage.
Notable details for parents, couples and families:
For Couple and Family coverage, your spouse is eligible for the same benefits as you.
For Single Parent and Families, your dependent children receive 25% of the benefits.
thanks
from what I can remember
4 tiers of coverage in case of accident or injury...tax free payout etc
50k / $7 per month
150k / $16 per month
20k included for home retro fit....
I passed but was curious if anyone know anything about the coverage vs. traditional accidental benefit coverage
https://www212.americanexpress.com/dsml ... faad94RCRD
In case of an accident, you have a backup plan.
You receive a lump sum payment in the event of:
Accidental Death
Dismemberment
Paralysis
Select the amount of coverage you need1:
$50,000
$100,000
$150,000
$250,000
Choose the type of coverage that suits your needs:
Single
Single Parent Family
Couple
Family3
Additional benefits to help you manage:
Receive up to an additional $20,000 to modify your home as you need with items such as wheelchair ramps, a walk in shower or other items you may need for rehabilitation2.
Receive a cash payment of up to $10,000 if you were to break a bone as a result of an accident.
Available Tuition Benefit
The optional tuition benefit would provide $10,000 towards your children's education if you were to become paralyzed, lose a limb or if you were to pass away as a result of an accident. This benefit also applies to your spouse under the Couple or Family coverage.
Notable details for parents, couples and families:
For Couple and Family coverage, your spouse is eligible for the same benefits as you.
For Single Parent and Families, your dependent children receive 25% of the benefits.
thanks
99% of the stuff I own comes from RFD!