HEALTHCARE
Accident Plan
Extra financial protection when the unexpected happens.
For life’s unexpected moments
M&T Bank offers the Accident Plan through Aetna to help cover unexpected expenses. Unlike medical coverage, which pays healthcare providers, Accident Plan benefits are paid directly to you.
How the Plan Works
If you experience a covered accidental injury, the Accident Plan pays a cash benefit based on the type of injury and treatment you receive. Payments are made directly to you can be used for medical expenses, household bills, travel costs or other financial needs. Benefits are paid in addition to any other insurance you may have.
You pay the full cost of coverage through convenient after-tax payroll deductions. You can enroll yourself, your spouse or domestic partner and your dependent children. Review 2027 healthcare premiums.
| Overview | |
| What’s Covered | Covered accidents include (but are not limited to):
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| Benefit Amount | Cash benefits vary based on:
The payment is yours to spend as you see fit and is in addition to any other insurance you might have. |
| Additional Features |
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| Portability | If you leave M&T Bank or retire, you may be able to continue your coverage and pay premiums directly to Aetna. |
* An additional benefit percentage applies if you or a covered dependent are injured while participating as a registered member of an organized sporting activity. Some benefits are excluded from the additional benefit percentage.
No-cost coverage is available
M&T will provide Accident Plan and Critical Illness Plan coverage at no cost if you enroll in the Basic HDHP and earn less than $100,000 per year.