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Premier Accident Insurance

Serious accidents can happen to anyone, anywhere, at anytime. And serious accidents, especially if resulting in death or dismemberment, can bring severe financial consequences.

Physician-exclusive group rates make the Accidental Death and Dismemberment Insurance Plan an affordable supplement to your health protection program.

AMA-Sponsored Premier Accident Plan

  • Up to $1,500,000* paid directly to you or your family in the event of a covered loss as a result of a covered accident.
  • Benefits are paid in addition to any life, health or disability insurance benefits received.
  • Benefits can be used for any purpose.
  • All covered family members, including your spouse or domestic partner and children, are covered anywhere in the world.

Benefits reduce by 50% at age 70.

* The benefit amount you select, plus an additional 50%, if death results from injuries as a fare-paying passenger on any form of public conveyance.

Benefits are payable for insured losses which occur within 365 days after the covered accident. This plan includes provisions for losses due to exposure to the elements and for an insured's disappearance following a covered accident.

The benefit amount you select is the maximum benefit payable for losses resulting from any one covered accident (excluding any extra protection benefits). Benefits for insured family members are at a fixed percentage of the benefit amount you select.

Please Note: If you insure both your spouse and dependent children, your spouse will be insured for 40% of the benefit amount you select and dependent children will be insured for 10% of your benefit. When you and your spouse are the only insureds, your spouse's benefit increases to 50% of the benefit your select. When you and your child(ren) are the only insureds, the benefit for each child increases to 15% of your benefit.

Edit Table of Benefits

 

Benefits can be
paid these ways
$1,000,000
Benefit
$750,000
Benefit
$500,000
Benefit
Loss of life/
public conveyance
$1,500,000
$1,125,000
$750,000
Loss of life
$1,000,000
$750,000
$500,000
Loss or both hands
or both feet,
or loss of their use
$1,000,000
$750,000
$500,000
Loss of one hand
and one foot,
or loss of their use
$1,000,000
$750,000
$500,000
Loss of sight
both eyes
$1,000,000
$750,000
$500,000
Loss of one hand or
one foot,
or its use
$500,000
$375,000
$250,000
Loss of sight
one eye
$500,000
$375,000
$250,000
Loss of thumb
and index finger,
either hand
$250,000
$187,500
$125,000
Product Id - 2300
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Premier Accident Insurance Coverage Details

Features & Benefits

Provides coverage for accidental loss of life, limbs or sight
This is an accident protection plan that recognizes the financial concerns your family will have if you die or lose use of a limb as the result of a covered accident. As such, it pays the full benefit for the loss of life, any two limbs or sight in both eyes or any combination of limbs and eyes; 50% of the full benefit is payable for the loss of a single limb or eye.

A Benefit Designed for Physicians: Loss of Use of Limbs
This Plan can pay the full benefit amount you select - up to $1,000,000 - if a covered accident results in the permanent loss of the use of any two limbs.

Choice of Benefit Levels up to $1 million
You can choose the coverage that is right for you: $500,000, $750,000 or $1,000,000. Other coverages are available.  Please contact us for additional details.  Coverage for your eligible dependents is a percentage of the benefit amount you select.

Note: Benefits reduce by 50% at age 70.

Covered Losses
The benefit amount you select is the maximum benefit (excluding any applicable extra protection benefits) payable for losses resulting from any one covered accident.

Benefits are payable for losses that occur within 365 days after a covered accident; due to exposure to the elements and for an insured's disappearance following a covered accident. This plan can pay up to the full benefit you select from an accident that occurs while you perform professional services as part of your regular job obligations in a helicopter or other aircraft utilized as an air ambulance.

Benefits Paid for Covered Losses

  • Up to $1,000,000 (the full benefit amount) for loss of: life, both hands, both feet, one hand and one foot, or irrecoverable loss of their use; sight in both eyes.
  • Up to $500,000 (50% of the full benefit amount) for loss of: one hand or one foot, or irrecoverable loss of its use; sight in one eye.
  • Up to $250,000 (25% of the full benefit amount) for loss of: thumb and index finger, on one hand.

Additional Benefits Paid if Loss of Life benefit is payable

  • Up to $500,000 (50% of the benefit selected) for loss of life resulting from injuries as a fare-paying passenger on any form of public conveyance.
  • $50,000 or 50% of your full benefit amount, (whichever is less) for death within 90 days of an automobile accident where seat belts were properly worn.
  • Up to $5,000 for covered expenses incurred to return the insured's body to the United States, if death is due to a covered accident. Covered expenses include, but are not limited to, expenses for embalming, cremation, coffin and transportation.
  • Up to $10,000 annually (for up to 4 years) for education expenses of insured spouse, domestic partner or dependent children who are enrolled as a full-time student in a college or trade school within one year of the insured member's accidental death.

Eligibility

You are guaranteed acceptance in this plan if you are under age 70 and actively engaged as a full-time physician (including full-time medical students or residents). Your spouse or domestic partner, under age 70, and all your unmarried, dependent children through age 18 (through age 26 if unmarried and full-time students) are also guaranteed acceptance.
Individuals covered under the American Medical Association (AMA)-sponsored AD&D Plan for the AMA Alliance are not eligible for this insurance protection.

Effective Date

All coverage issued will be effective on the date AMA Insurance Agency, Inc. receives your enrollment form, provided your premium is paid when due.  You'll have a full 30 days to review your Certificate of Insurance.  Physicians must be actively at work on the date the insurance is to take effect; otherwise, insurance will take effect when physician resumes work.

Renewability and Termination

You can renew your coverage up to the premium renewal date immediately following your 80th birthday - as long as premiums are paid on time, the AMA does not sponsor a similar plan and the group policy remains in force.

Exclusions

No benefits are paid for losses that result from or are caused directly, indirectly, wholly or partly by: war or act of war, declared or undeclared; suicide or intentionally self-inflicted injury while sane or insane (for Missouri residents, suicide or self-inflicted injury while sane); mental infirmity; bacterial infections (except infections occurring simultaneously with and due to an accidental injury), or any kind of sickness or disease; injuries sustained while acting as a pilot or crew member on any aircraft, or as an aircraft passenger except when flying in: 1) licensed passenger aircraft operated by a duly licensed pilot, or 2) transport aircraft operated by the United States Military Air Command or similar service of Canada or Great Britain.

State Availability

This plan is not available in:

AK,MD,NH,OR

Carrier Information

This plan is underwritten by The United States Life Insurance Company in the City of New York, NAIC#70106, domiciled in the state of New York with a principal place of business of One World Financial Center, 200 Liberty Street, New York, NY, 10281 licensed in all states, plus DC, except PR. This is a brief summary of benefits only and is subject to the terms, conditions, exclusions and limitations of Group Policy No. G-236, 329 and Form No. G-19000. Coverage may vary or may not be available in all states.

 

 

 

AG-9962

 
Premier Accident Insurance
Download Enrollment form for premier accident insurance
 

Contact

Customer Care

1-888-627-5883

Monday–Friday 8AM-5PM CDT
Premier Accident Insurance