Group Special Risk Accident

Overview

Participant Accident:

Global Underwriters participant accident coverage can be tailored to accommodate most activities sponsored by groups or organizations that need this coverage. We pay special attention to the immediate needs of the client, so we mitigate risk and potential financial exposure for the group or organization. There are many benefit options that can help augment any existing coverage or act as primary coverage if necessary. Benefits can include accident medical, accidental death & dismemberment, disability, coma and paralysis just to name a few.

Product Utilization:

• Customized accident insurance for special events and most group sponsored activities.
• Different classes of eligibility can be included as part of the plan, so volunteers, staff, and other people associated with the group can have coverage.
• Groups are unique and flexibility is key, we can write these policies for specific periods of time to meet the special needs of our clients.
• Flexibility is essential for any organization, so our groups accident plans can be tailored to meet the immediate needs of our clients.
• Global Underwriters accident policies can be written for specific periods of time (daily, weekly, monthly or annually) to meet the special needs of our clients.

Who’s purchasing this coverage?

• Associations
• Daycare & Schools
• Special Event Sponsors
• Sports Teams, Camps & Civic Clubs
• Charitable & Religious Organizations
• Volunteer Fire, Police & EMS
• Employers
• K-12 Schools

Student Accident

Global Underwriters student accident coverage is an ideal risk management solution for schools and educators that are required to work with the everchanging direction of state and federal regulators. Student accident insurance can also help mitigate certain general liability exposures for these schools. Having adequate amounts of coverage for sports teams, sporting activities, field trips, school sponsored events, and clubs are essential for these educational institutions – Kindergarten through 12th grade (K-12). Have questions? Talk with one of Global Underwriters customer service experts right now to get more details about this special risk accident product.

Product Utilization:

• Student accident plan designs are flexible and customized to meet the school’s needs and can provide accident medical, accidental death and dismemberment, coma and paralysis and felonious assault-active shooter coverage.
• Student accident can be written on an annual basis and even include coverage for summer school activities.
• Policies can be primary or excess coverage and they can be written on a voluntary or mandatory basis.
• Most sports are covered including but not limited to soccer, basketball, tennis, baseball and softball, lacrosse…

Who’s purchasing this coverage:

• Kindergarten through 12^th grade (K-12).
• Private and Parochial schools
• Daycare and educational institutions
• Higher Education

Catastrophic Accident

Unfortunately, serious accidents happen on school property almost every day of the year. It’s more than likely that you have heard of some of these catastrophic accidents (kindergartner swallows unknown object and chokes, student involved in hit-and-run while walking to class, student falls from stands during game, active shooter hospitalizes numerous students while on rampage through campus, football player seriously injured during Friday nights’ game). These alarming incidents can be mitigated with Catastrophic Accident insurance and proper risk management strategies. It’s important for educational institutions to have a comprehensive holistic approach to reducing certain liability exposures for their schools.Talk with one of Global Underwriters customer service experts right now to get more details about this special risk accident product.

Product Utilization:

• Catastrophic accident insurance plans can be customized to meet the school’s immediate needs and can provide accident medical, accidental death and dismemberment, hospital-indemnity, disability, coma and paralysis and felonious assault-active shooter coverage.
• Catastrophic accident can be written on an annual basis or for special events.
• Policies are typically written on the entire student population and can be either primary or excess coverage.

Who’s purchasing this coverage?

• Kindergarten through 12^th grade (K-12).
• Private and Parochial schools
• Daycare and educational institutions
• Higher Education

Affinity Groups

For over 50 + years Global Underwriters has specialized in the development, marketing, administration, and creative underwriting that is necessary to customize programs for the special risk accident marketplace. Retention of members and customers is critical to the success of any organization that seeks to strengthen its loyalty of existing members and attract new members or customers.

Product Utilization:

• Customized insurance programs which can include accidental death, accident medical, travel assistance, and hospital indemnity benefits just to name a few.
• Both short and long-term policies can be purchased to respond to special events or as part of a comprehensive membership package.
• Incentive programs can be enhanced with any of our special risk insurance solutions.

Who’s purchasing this coverage:

• Financial institutions and affinity programs.
• Associations and clubs with memberships.
• Loyalty programs and account holders.
• Incentive programs.

Additional Coverage

Employee Benefits:

With significant increases in health care costs and an unpredictable healthcare system, it’s nice to know that Global Underwriters hospital indemnity plan will help you recoup some of the hospital expenses when you are confined. Hospital indemnity plans usually pay a daily benefit for each day an employee is confined to a hospital.  Optional benefits are available and can be customized to meet current needs.

Critical Illness:

Global Underwriters Critical Illness Plans provide extra financial help when you need it the most. Our Critical Illness plans pay a lump sum benefits for certain defined diseases and illnesses. These payments can help pay for both medical and non-medical expenses such as income loss or high deductibles.

Gap Supplement Insurance:

Global Underwriters GAP insurance plan is designed to supplement those expense that are not covered by traditional health and major medical plans. Out of pocket expenses such as co-pays, deductibles, co-insurance, and defined maximums for certain benefits can be mitigated with the proper GAP insurance in place.

Voluntary Accident:

Global Underwriters voluntary accident is easy to incorporate into any employee benefit plan. We offer this coverage on a stand-alone basis or it can be offered in conjunction with a business travel accident policy as an optional voluntary benefit. In the event of an accident it’s nice to know that unexpected qualified costs can be paid for with Voluntary Accident insurance.