An unforeseen accident can happen to anyone, so having accident insurance can be beneficial. Accident insurance may be especially appealing to professional athletes or adults and children who play sports. This type of insurance can also be a good investment for people in high-risk professions, such as firefighters and police officers. Consider some of the following benefits of accident insurance: You’ll have coverage for more than just injuries: Many plans come with additional coverage for things like accidental death, blindness, paralysis, and limb loss. You’re offered immediate coverage: Unlike other insurance plans, accident insurance often doesn’t require a waiting period before you can receive benefits.