What is a supplemental insurance policy?

A supplemental insurance policy is an additional policy purchased in addition to the standard policy. In California, a supplemental insurance policy is used to cover additional costs due to high out of pocket charges, deductibles, and other unexpected expenses. Supplemental insurance policies are generally more affordable than the standard policy and can be used to cover expenses not covered by the standard policy. Examples of these types of expenses could include travel and medical expenses incurred while away from home, medical expenses related to certain conditions and procedures, and medical expenses due to natural disasters. Supplemental insurance policies can also be purchased to cover particular events that the standard policy does not cover. Examples of these events could include pet-theft coverage, funeral expenses, or additional vehicle repairs for comprehensive and collision coverage. When filing an insurance claim in California, it is important to make sure that any supplemental coverage is included as part of the claim. It is also important to make sure that the supplemental coverage has been approved by the insurance company and that all policies related to the claim are in compliance with California Insurance Claims Law.

Related FAQs

What are the types of damages that can be recovered in an insurance claim?
What is an opportunity to repair a claim?
What documents do I need to submit with an insurance claim?
What are the types of defenses in an insurance claim?
What is the difference between an insurance policy and a benefit?
What is a coinsurance clause?
What is a settlement offer in an insurance claim?
What is a no-fault claim?
What happens if I can't get a hold of my insurance provider?
What are the benefits of filing an insurance claim?

What is a supplemental insurance policy?

Related FAQs

Related Blog Posts