Are you interested in AFLAC car insurance? In fact, this supplemental insurance company does not sell individual auto policies. However, because AFLAC is so internationally well-known, many people request auto insurance from the billion-dollar carrier, according to autoinsurance.org.
While AFLAC does not have traditional auto policies, you can purchase rider insurance that covers associated costs after an accident, such as hospital and intensive care bills, ambulance bills, dental care, long-term care and rehabilitation, and short-term lost wages if you cannot work because of your injuries.
All About AFLAC
Founded in 1955, American Family Life Assurance Company (AFLAC) still exists in its Columbus, Georgia, birthplace. Since its inception, AFLAC has focused on supplementation insurance policies, which consumers can purchase for various purposes in addition to their existing insurance coverage. The company has current accreditation from the Better Business Bureau.
AFLAC celebrated its 13th appearance in the Fortune ranking list of The World’s Most Admired Companies in 2013. They also won the Salute to Greatness Award in 2013, given by Atlanta’s Dr. Martin Luther King, Jr. Center.
AFLAC has an outstanding reputation for customer service. When you purchase a policy with this company, you work directly with your agent in your area. He or she can help you understand your benefits, coverage, and cost.
The insurance company is also known for promptly paying the full value of customer claims. Clients receive money directly from AFLAC to get the financial assistance they need after a life-changing incident. In cases involving serious bodily harm in which you become incapacitated, your spouse can claim benefits on your behalf.
The company also garners praise for its One Day Pay program. If you have a valid claim, you’ll receive the money the same day if you submit online. Otherwise, your claim will take a few more days if you send it by fax or postal mail. To qualify for One Day Pay, you must submit your claim on a weekday before 3 p.m. Eastern time.
AFLAC also boasts high industry ratings of A3 from Moody’s, A+ from A.M. Best, A from Standard and Poor, and A+ from the Better Business Bureau.
Understanding Supplemental Insurance
Buying supplemental insurance can protect you from out-of-pocket costs if you file a claim with another insurance provider. For example, Good to Go Insurance notes that you can use your supplemental policy to pay medical costs not covered by your health insurance company or file a claim for your deductible amount if you get in an auto accident.
According to Motor1, supplemental insurance can prevent you from losing tens of thousands of dollars if you have a catastrophic incident and do not have sufficient insurance coverage. You can use this type of insurance along with your disability, car, or auto insurance policy. AFLAC will pay you cash directly if you file a valid claim.
With supplemental coverage, you can often select from a range of available payout options that are not necessarily available with traditional insurance policies. For example, ValuePenguin notes you can choose to receive your claim amount in a lump sum or over several months as you recover.
Types of Supplemental Insurance
Within the area of supplemental insurance, AFLAC offers various types of policies to fit consumer needs. AutoInsurance.org lists these examples:
- Critical illness and cancer coverage, which pays for living expenses, health insurance deductibles, copayments, and other costs if a person develops cancer, heart attack, or another serious medical condition
- Dental coverage to pay for procedures that do not fall under your primary dental policy, such as cosmetic treatments, dental surgery, and orthodontic care
- Accident coverage that pays for out-of-pocket medical costs after an accident as well as short-term disability
- Hospital coverage, which pays for the deductible and other expenses that exceed your insurance policy if you become hospitalized
- Life insurance coverage to support your family financially if you die unexpectedly
- Short-term disability insurance, which covers lost income if you cannot work because of an accident or illness
- Vision insurance, which pays for eye exams, glasses, and other eye-related health care needs
Keep in mind that the plans offered by AFLAC vary by state. Use the Agent Locator service to find representatives from the company who serve your region. In addition, some AFLAC policies are available only through an employer, not for individual purchase.
How to File an AFLAC Supplemental Insurance Claim
If you have supplemental insurance and you need to file a claim, you can use the online AFLAC SmartClaim system. You can also access this system through the AFLAC app, according to Car Insurance Comparison.
When you file a claim with AFLAC, you must send proof of your claim such as certificates, bills, and receipts. If the company does not have enough information to process your claim, the agent will let you know within 10 days of receipt.
If you want to cancel your AFLAC policy, you have to do so in writing with your policy number and signature during the open enrollment period. Your policy will end on the first day of the next calendar year, so you must plan ahead if you no longer want coverage. You can also end your policy if you receive it through your employer and you lose eligibility, but you still have to submit your request in writing.
While you cannot purchase AFLAC car insurance, you may want to buy a supplemental insurance policy for an added layer of financial protection. As with any type of insurance coverage, shopping around with different providers can help you find the best rates.
Sources:
Aflac Auto Insurance Review (2020)
Aflac Insurance: Reviews, Coverage, And More (2021)
5 Things To Know About Supplemental Insurance, Or Aflac Explained
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