Personal Accident and Sickness insurance

What Types Of Protection Are Available?

You can opt for different accident and insurance policies, including:

Short-term
This type of policy covers you if you’re unable to work for a shorter length of time – usually six to 12 months, although some policies offer cover for up to two years. Short-term policies are affordable and easy to buy but the cover is not as comprehensive as longer-term options.

Long-term
Long-term sickness protection covers you if you’re unable to return to work for more than a year and, in many cases, stays in place until retirement. As a result, the premiums are more expensive than with a short-term policy, but you have peace of mind that the bills will continue to be paid no matter how long you’re off work.

Have you ever wondered what you might do if you suffer an accident or injury that means you’re unable to work? Here’s everything you need to know about personal accident cover. Personal accident and sickness insurance is a very flexible product and the main consideration is the amount of benefit that you will require each week. The level of benefit that you choose will determine the cost of the policy. Weekly pay outs for temporary total disablement depends on the level of cover chosen

There is also an option to potentially cover you for accidental death or disablement, which can provide a lump sum payment to your beneficiaries if you die in an accident or to you if you suffer a permanent disabling injury. Everybody has their own unique circumstances and needs when it comes to Personal Accident and Sickness insurance.

Personal accident and sickness insurance covers against:

• An accident or injury at work
• Injury caused by violence
• Injury or death caused by a road traffic accident
• Total and permanent disability
• Injury caused by a slip or spillages
• Loss of (or loss of use of) body parts

It’s important to note that most policies include a deferred or ‘wait’ period before payments begin. With Personal Accident and Sickness covers, these deferred periods start at 7 to 28 days depending on your job.

Also, often people think that long-term accident and sickness insurance is the same as critical illness cover, but this isn’t the case. Critical illness insurance provides a cash lump sum in the event of you being diagnosed with a serious condition listed in the policy, whereas accident and sickness protection is designed to replace your income.

Accident and sickness insurance often excludes conditions such as stress, anxiety and back problems, as well as pre-existing medical conditions that you’ll be asked about when obtaining quotes.

For more information and a free quote from a dedicated Protection Consultant, please call Stacey on 01270 758057 or click below.