What does an Accident Insurance Cover?
You have an accident. Apart from the shock and pain the accident itself can cause, there might also be serious long-term consequences.
Fortunately, you have accident insurance.
But what exactly does it cover?
Rescue and Transport
Accident insurance covers costs that occur for the rescue at the site of the accident and the transport to the hospital. These costs are part of the so-called Unfallkosten (eng. accident costs) which are paid for by insurances up to an agreed cover limit.
Costs for inpatient treatment are covered by health insurance. In many cases, outpatient follow-up treatments are necessary, the costs of which are covered by health insurance and accident insurance.
Reimbursement
The money received by policyholders is usually not the exact same amount as the actual costs for rescue, transport, treatment etc amount to. The payments made by insurances are, for example:
- daily allowance (ger. Taggeld)
- hospital benefit (ger. Spitalgeld)
- injury award (ger. Schmerzensgeld)
- costs relating to convalescence (ger. Genesungsgeld)
Outpatient Follow-Up Treatment
Costs of these kinds of treatments are covered by an accident insurance. This also entails, for example, invoices issued by a private doctor for a treatment in his office.
The cost reimbursement application is first sent to your statutory social health insurance, then to your personal accident insurance and after that to your private health insurance.
Permanent Disability (ger. Dauerhafte Invalidität, DI)
The most important component of an accident insurance is probably cover in case of permanent physical or mental impairments that occur as a result of an accident. There are two options for this: You can choose between monthly benefits a (ger. Unfallrente) or a lump sum payment.
