Supplemental Insurance

Watermann Consulting wants to help you protect your future with the right life insurance plan.

Supplemental insurance offers added financial protection alongside your primary health plan—whether that’s employer coverage, a Marketplace plan, or a private policy. It helps cover out-of-pocket expenses that your main health insurance may not fully address, such as high deductibles or hospital bills.



These supplemental plans provide direct cash benefits, which you can use flexibly—for medical costs, living expenses, childcare, or whatever you choose.

Common Types of Supplemental Plans

Accident Insurance
Offers cash if you suffer injury—like fractures or burns—or require emergency medical care.

Critical Illness Insurance
Pays a lump sum if diagnosed with significant conditions such as cancer, heart attack, or stroke.

Hospital Indemnity Plans
Provide a daily or per-visit cash benefit during hospital stays to cover deductibles, copays, or even lost income.

Short-Term Disability Insurance
Replaces part of your income if an illness or injury prevents you from working.



Standalone Dental, Vision & Hearing Plans
Designed to cover services outside your standard health insurance, such as routine exams, glasses, or hearing aids.

Choosing the Right Plan

Consider the following factors:



• Cost vs. Benefit Value – Seek a balance between affordable premiums and meaningful payouts.

• Payout Structure – Know if benefits are one-time lump sums or recurring per day or service.

• Waiting Periods & Exclusions – Understand when coverage starts and what’s not covered.

Is Supplemental Insurance Right for You?

Supplemental insurance may be especially helpful if:

• You have a high-deductible health plan or limited savings.
• Your work or lifestyle exposes you to higher risk of accidents or illness.
• You’re responsible for dependents and concerned about income loss during health events.
• You’re self-employed and unable to afford time off without income.
• You want extra coverage for dental, vision, or hearing beyond what health insurance provides.