Personal Accident Insurance
 Personal
accident insurance is designed to provide a lump sum benefit in the event
of the insured sustaining a permanent disability, hospitalisation or death
as a result of an accident. Normally, PA insurance also provides 24-hour
worldwide insurance protection.
The scope of cover and scale of benefits
differ between insurance companies. However, the types of coverage normally
provided under a PA policy may include:
- accidental death
- permanent disablement
- temporary total or partial disablement
As personal accident insurance is
normally cheaper than an ordinary life insurance policy, PA insurance will
be good for those who would like to increase their insurance protection
against accidental death and disablement.
|
