Accident insurance is a supplemental policy that pays cash benefits for injuries from unexpected accidents, like falls or sports mishaps, to cover out-of-pocket costs not fully met by health insurance, such as deductibles, copays, ER visits, physical therapy, or lost wages, with payments often going directly to you. It's not a replacement for health insurance but fills financial gaps by providing funds for specific accident-related expenses, helping ease financial strain during recovery. 

What it covers

• Emergency care: Ambulance rides, ER visits, diagnostic tests (X-rays, CT scans).
• Injury treatment: Fractures, dislocations, burns, concussions, emergency dental work.
• Supportive care: Physical therapy, rehabilitation, prescription medications, medical supplies.
• Hospitalization: Admission, confinement, and intensive care.
• Other expenses: Lodging/travel for treatment, lost wages, accidental death/dismemberment (in some plans). 

How it works

• Premiums: You pay monthly premiums for coverage.
• Cash benefits: When you have a covered accident, the insurer pays a set amount directly to you (or sometimes the provider).
• Fills gaps: The cash helps with deductibles, copays, and other expenses, even if your main health plan pays most medical bills. 

Key things to remember

• It's supplemental, meaning it works with your health insurance, not instead of it.
• Benefits and covered injuries vary by plan, so always check the policy details.