If you or your loved one suffers a serious injury such as loss of limb or loss of use of your limbs within a year after the accident, you and your family will receive a lump sum payout to help your family cope with the impact.
Under the Adult plan, if you should suffer a disability such as loss of sight, speech and hearing, limb or paralysis within a year after the accident, you will also receive an annual allowance for up to 10 years to help ease the strain on your finances.
We will ensure that you are well covered in the first year after the accident by reimbursing you for medical and surgical expenses you incur during that time.
SUPPORT THROUGH THE WORST
If you, your spouse or child should pass away within a year as a result of injury caused by an accident, you or your family will receive a lump sum payment to help ease the financial strain.
HELP IF YOU'RE NO LONGER AROUND
If you pass away or suffer total and permanent disability within a year after the accident, we will waive all future payments needed to keep this plan active so your spouse and child will continue to be covered.
Insurance Lingo Explained
What does lump sum mean?
This is a single, large claim payment.
What does total & permanent disability mean?
It means that because of a sickness or injury, a person is unable to ever work again.
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You must disclose details such as your occupation, personal interests or hobbies that could affect your risk profile and number of personal accident policies that you have with other insurance companies.
After the first premium, a grace period of 31 days from the premium due date is allowed for payment of each premium. The policy will remain active during the grace period. If a loss occurs during the grace period, any unpaid balance of premiums due for the full policy year will be deducted from the proceeds payable under the policy.
You must tell us in writing if you change your occupation. We will review your new occupation to see if it falls within the occupation categories covered under this plan.
You must give us written notice of a claim within 30 days of the accident that caused your injury. If death occurs, an immediate notice of claim must be given to us.