Our new Family Security Coverage option provides the safeguard of knowing that if you or your family is the victim of a direct security threat, you can take the necessary measures to protect them and provide for their well-being.
The Family Security Coverage option provides the benefits listed below in the following events:
Coverage can extend well beyond your immediate family to include grandchildren, parents, grandparents, adoptive or step-parents and step-grandparents, siblings and their children.
Benefits of Family Security Coverage
For only $100 a year, you and your family can enjoy the peace of mind of knowing you have the following benefits in the event of one of these direct threats to your family’s security.
We will cover up to $50,000 per person, up to a maximum of $100,000 for each occurrence for related medical expenses incurred within one year for any of the events listed above. This extra benefit applies to all covered relatives.
If one of the events listed above causes a period of unemployment (ex. disability, unemployment), we will cover lost salary during the first 60 days for a covered relative. We will pay up to $15,000 per person, up to a maximum of $30,000 for each occurrence.
Any of the above events could have significant repercussions to one’s well being. We will cover mental health expenses up to a maximum of $25,000 for related expenses incurred within one year for a covered relative.
To make sure your family feels an added sense of security following one of these events, we will pay for increased security for a family member for a period of 90 days. The maximum for this benefit is $25,000. (Does not apply to hijacking.)
Death and Dismemberment Benefit
This endorsement provides a benefit in the event of a death or significant loss to the body as a result of any of the events listed above. Depending on the type of loss, we will cover up to $250,000.
Other benefits apply to specific occurrences, such as temporary relocation in the event of a home invasion or stalking, travel expenses for a legal guardian in the event of a child abduction or kidnapping, and more.
Learn more about Family Security Coverage by calling The Insurance Loft at 800-409-9790 or email us at: email@example.com.