Personal accident insurance is an important type of insurance that provides financial protection for individuals in the event of an accident. It can cover medical expenses, lost income, and other costs associated with an accident that results in injury or death. This cover, together with Income Protection, is particularly important for self-employed individuals, who will not receive sick pay from their employer.
The benefits of personal accident insurance include peace of mind knowing that you and your family are protected in the event of an unexpected accident. It can also provide financial support to help you cover expenses while you recover from injuries, or in the event of permanent disability or death.
Personal accident insurance typically works by providing a lump sum payment or ongoing financial support, depending on the policy’s terms and conditions. It can be customized to meet the individual’s specific needs and can be used to cover expenses such as medical bills, transportation costs, and lost income.
Investing in personal accident insurance is essential for protecting yourself and your family’s financial future in the event of an accident.
Accidental death cover
Accidental death cover provides for the payment of a lump sum if the policy holder dies directly as a result of injuries sustained in an accident, for example a car accident.
Working out what type of cover you need and how much you should pay for this protection can seem complicated, but it doesn’t have to be. Our advisors are on hand to answer any of your questions and to talk you through your options.