Personal Accident Insurance is a form of cover that protects you financially in the event of an injury sustained from an accident.
If an incident occurs, personal accident insurance may provide cover if you are unable to work as a result of your injury. Personal accident policies can also include sickness cover which provides cover if you become sick and are unable to work.
Cover can be provided against your inability to work and the resulting loss of income due to an accident, illness or accidental death. Most covers we source provide cover 24/7 and are not limited to accidents occurring at work. Cover can be extended for ‘higher risk’ activities such as motorcycle riding, snow and water-skiing, or playing football. These and other high risk activities are generally excluded from cover. If you partake in any such activity please discuss with us to ensure correct covers are in place.
The indemnity period, or the maximum number of weeks that a claim will be paid is generally 104 weeks and excesses will vary between zero and 30 days. Premium reductions can be obtained by electing to shorten your indemnity period and taking longer excess.