Name the problem it solves
Supplemental cover pays cash after a covered event. Be clear about which costs you are worried about: a deductible, lost income, travel, or help at home.
Read the definitions
Policies define exactly which accidents or diagnoses qualify, and how much is paid. These definitions decide whether a policy helps when you need it.
An add-on is worth exactly what its definitions allow.
Check for overlap
You may already have related benefits through an employer, a card or another policy. Avoid paying twice for the same protection.
Before you add it
- Which events are covered, and which are excluded?
- Is there a waiting period?
- How and when is the benefit paid?
- Does the premium change with age?