Why choose IOA for accident and health insurance?
Our advisors help you secure the right accident and health insurance coverage to protect your employees from losses. They can show you products and services specific to your business needs so that you can confidently move ahead.
Workplace accident and health insurance mitigates the financial risk associated with employee health-related absences or accidents and offers other benefits.
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Enhanced employee welfare
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Providing accident and health insurance shows your employees that you value their wellbeing by offering financial support in the face of unexpected accidents or illnesses. This coverage bridges gaps in standard health plans, covering out-of-pocket expenses and ensuring your employees recover without additional financial stress. Employees with access to accident and health insurance feel more secure, which fosters trust and loyalty in the workplace.
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Attracts and retains talent
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In today’s competitive job market, offering comprehensive accident and health insurance sets your business apart as an employer of choice. Candidates are more likely to choose and stay with employers who demonstrate a commitment to their long-term wellbeing. A strong benefits package that includes accident and health coverage reduces turnover and helps you build a talented, engaged workforce invested in your company’s success.
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Boosts productivity and morale
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Accident and health insurance supports employees in returning to work more quickly after health-related absences by reducing financial worries and promoting overall wellness. Employees who feel cared for are more motivated, focused, and engaged, leading to increased productivity and higher morale across your team. Additionally, reduced absenteeism helps ensure consistent operations, benefiting your business’s bottom line.
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Supports regulatory compliance
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Depending on your business’s size and location, state or federal regulations may require accident and health insurance. IOA helps you navigate these requirements, ensuring your insurance program complies with applicable laws while minimizing legal risks. Meeting these obligations avoids penalties and underscores your commitment to operating responsibly and ethically.
Coverage features
Accident and health insurance coverage includes:
Corporate travel insurance
Accident and health insurance can cover your employees against health risks associated with business travel. Coverage may include medical bills, travel disruption, or loss of personal belongings.
Creditor insurance
Accident and health insurance can help your employees meet loan repayments in certain circumstances:
- Credit life creditor insurance pays off your employees’ debt if a covered accident or illness results in death.
- Disability creditor insurance meets loan repayments if your employee is disabled or unable to work due to a covered accident or illness.
- Unemployment creditor insurance helps with repayments if the policyholder becomes unemployed due to the covered accident or illness.
Disaster recovery plan
A disaster recovery plan can ensure your employees’ wellbeing and safety during emergencies, helping you to resume critical business functions faster. Accident and health coverage is designed to support these recovery efforts.
Voluntary accidental death or dismemberment
Accident and health coverage provides benefits if an employee suffers a severe accident leading to death or significant injury.
Travel insurance
Accident and health insurance can cover employees for accidents or health issues while travelling for business.
Occupational accident insurance
This coverage offers financial compensation for employees or independent contractors not covered by workers compensation insurance who suffer work-related injury, illness, or death.
Stop-loss medical
Accident and health insurance helps you manage the financial risk associated with providing health insurance, especially in self-insured plans.
Dental and vision programs
We offer coverage that includes supplementary insurance for dental and vision care.
Global medical insurance
Short-term accident and sickness coverage for employees travelling outside the United States or their country of permanent assignment.
Mergers and acquisitions products and solutions
Should your business merge or acquire another, your employees may be able to maintain coverage.
Supplemental health insurance
We offer coverage that goes beyond standard health insurance to provide:
- A daily cash benefit during hospital stays
- A lump sum paid on diagnosis of covered critical illnesses
- Specific coverage for cancer-related medical expenses
- Income replacement if your employee is unable to work due to disability.
Student accident insurance
Student accident insurance protects students from the financial impact of accidents that occur in school-related activities or on school property.
Study abroad insurance
Study abroad insurance covers students studying outside the United States.
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