Personal Accident- What is covered? Is the benefits necessary?
Table of Contents
Get cheaper personal accident plans in Singapore
Is a heart attack considered accidental death?
This is a tricky situation. It depends on the situation and policy coverage. If someone had a heart attack in an office, it is probably not considered an accidental death or injury.
If someone, as an example, gets involved in a car collision and was shocked till he got a heart attack, this would be classified as an accidental situation.
If there is accidental dismemberment, the payout will help to provide you with medical treatment and support you should you have to stop your job because of your career
Does insurance cover personal injury?
All life insurance covers death of all types, no matter accident or medical or by natural means. (Except suicide in the first policy year). Medical insurance usually covers all emergencies too, including accidental injuries.
However, specific medical policies such as critical illness would not cover personal injuries.
Or specific types of policies such as hospitalisation policies will cover you if your personal injuries leads to hospitalisation. They will not cover you if your injuries lead to only clinical visits to your family doctor (outpatient to GP)
Go for General Insurers such as China Tai Ping or Indian Insurance International, EQ Insurance etc, their standard plans to cover bodily injuries, personal accidents will be ideal and cheap.
What is personal accident cover in bike insurance?
It depends on the motorcycle insurance that covers you. Most policies only provide a token sum in the event of death and dismemberment while riding the motorcycles. It may not even cover for accidents that occured without the motorbikes.
Do read the terms and conditions as many insurers have different policies terms.
The best PA insurance is the one that fits your budget and is active.
Most people neglect this protection because it is non-cash-generating (People are excited over making money, not over protecting themselves)
However this is a big mistake as accidents do occur daily around us, and the premiums for PA plans are very low and reasonable.
It costs mere cents per day to guard against this risk.
Get your PA from a General Insurer. You are saving big bucks because Personal accident Plans from General Insurers are so much cheaper than from life insurance companies.
If you need a great Personal accident plan to match your lifestyle, do contact us to have us compare a few PA plans from different insurers so as to get the best value for money plans for you.
Phone: +65 8163 1130
Email: sales@hminsg.com