If you are injured in an accident, and it isn’t your fault, how do you get the compensation you deserve? Losing your job, being off sick for a long time, it can cost a lot of money. Personal accident insurance compensates you, covering all sorts of costs.
What’s covered?
Most personal accident policies pay out lump sums when you either die or have an injury as a result of an accident or unforeseen event. A good quality personal accident policy will pay out in these circumstances:
- Accidental death
- Permanent total disablement
- Loss of, or loss of use of, various specified body parts, for example arms or legs
- Some policies also cover permanent partial, temporary total and temporary partial disablement