This content is provided for educational purposes only and is not an offer of coverage and is not intended to represent a communication from an insurer.
This content describes Accidental Death, Disability and Dismembership insurance.
Insurance is underwritten by Federal Insurance Company, a member
insurer of Chubb Group of Insurance Companies.
The coverage described in this literature may not be available in all jurisdictions. This is descriptive only. Actual coverage is subjective to the language of the policies as issued. Exclusions & Limitations apply. This policy provides ACCIDENT insurance only. It DOES NOT provide basic
hospital, basic medical or major medical insurance as defined by the New
York State Insurance Department. The expected benefit ratio for this policy is 85%. This ratio is the portion of future premiums which the company expects to return as benefits, when averaged over all people with this policy.
IMPORTANT NOTICE — THIS POLICY DOES NOT PROVIDE COVERAGE FOR
SICKNESS.
Chubb, Box 1615, Warren N.J. 07061-1615.
The benefit amount shown is your accidental death benefit amount. The benefit amount for accidental dismemberment is a percentage of the
accidental death amount. The benefit amount for your spouse/domestic
partner is 50% of your amount and for your dependent children is 20% of your amount. If you have no dependent children
, your spouse / domestic partner’s
benefit is equal to 60% of your amount. If you have no spouse/domestic
partner your dependent children’s benefit amount is equal to 25% of your
amount.
Highlights of coverage of VBA accident insurance are listed here.
A summary of benefits is here.
The source of this content is the product brochure.