As the medical care crisis and medical care debates struggle on, many consumers are looking into supplemental insurance policies to cover the gaps in traditional insurance plans. Having health insurance can provide a excellent peace of mind but most traditional plans leave gaps that can just about swallow a household’s budget whole in a health crisis.
What services does AFLAC offer?
Disability Income Protection
Long Term Care
How is AFLAC distinct?
The supplemental insurance policies from AFLAC cover above and beyond traditional insurance policies and they pay directly to you. You can request a payment be made directly to a medical provider, but otherwise all payments will come to you.
Here’s an illustration. If you purchase a policy for cancer treatment that offers a $10,000 benefit and you’re diagnosed with cancer, AFLAC will pay you $10,000 directly, regardless of your medical bills. This money may be used for medical bills that are not covered of course.
One costumer we talked with had taken out an AFLAC supplemental cancer indemnity policy and was later diagnosed with prostate cancer. He states the insurance money helped to cover:
-Above average telephone bills for making appointments, family support and so on
-Travel and meals expenses during treatments
-To repay debt and relieve some stress during this period of missed work
Another customer we spoke to fantasies she had purchased an AFLAC supplemental policy earlier. An AFLAC representative visited the school where she had been teaching and although she had been impressed with products, she thought she was too young at 26 to need them. A year later she was diagnosed with cancer and learned the hard way how fast medical bills and the incidentals such a gas cash for traveling, Raccoon Sounds, and other supplies needed from bandages to electric blankets mount upward. Of course AFLAC offers many products along with cancer indemnity products.
Another way that AFLAC differs is that it is portable. Even though you may enroll in AFLAC through an employer (or not) you pay your premiums, or you can have them deducted from your paycheck and your insurance may go with you if you lose your job, change jobs or move.
AFLAC is well-liked for these good points, as well as others such as simple claim forms that are available on the internet and the fact that AFLAC plans also cover some preventative services that lots of traditional plans don’t cover, but what about price? AFLAC is generally considered to have higher premiums than rivals but many believe that the simplicity, such as insurance with no exam, makes the price worth it for an AFLAC supplemental coverage.
Some folks point out the frustration which you can’t purchase an AFLAC supplemental insurance policy online which is common with many insurers but this may truly be a plus since meeting with a representative can insure that you understand all the details on the insurance products that you are purchasing.
Most clients report positive experiences with sales representatives and customer service representatives although company administrators who oversee insurance benefits have said that customer service can be inconsistent which seems to be on par in the insurance industry.
Good points about AFLAC:
-Pays you directly
-Claim forms are simple and accessible online
-Pays for a few preventative maintenance
-Can not be bought online, must meet with a representative (which may be a favorable)
Overall, AFLAC has proven to be a trustworthy supplemental insurance company that offers a number of unique products and has many good points. Potential customers will have to be the final judge on whether the premium prices for the services make AFLAC supplemental insurance a good value for them.