In the United States, an accidental death happens every five minutes, claiming more than 100,000 persons each year. A person under age 44 is more likely to die as the result of an accident than from any other cause. A person of prime working age (25 to 65) is more likely to die from an accident than from any other cause except cancer or heart disease.

Personal Accident insurance (PAI) and voluntary accident insurance (VAI) plans have existed for more than 30 years. Today they're in high demand as a supplement to employee benefit plans. In fact, 53 percent of employers with over 500 employees have implemented PAI/VAI programs, with 60 to 90 percent employee participation.

SIS personal accident insurance provides 24-hour coverage, anywhere in the world. The cost is low and employees can select their own benefits (usually from $20,000 to $300,000).

PAI/VAI allows younger employees to build a substantial death benefit as an economical supplement to life insurance. Older employees, who might be uninsurable for high limits under a life program, can purchase AD&D to augment their life insurance. SIS plans can also include coverage for spouses, limited at 50 to 100 percent of the employee's amount of coverage.

With personal accident insurance, there is no minimum participation and no medical underwriting requirements. And since the total cost of the program is borne by the employee through payroll deduction, the plan becomes a qualified ERISA benefit.