An accident can happen anytime, anywhere and may result in minor to serious injuries. Any such uncertainty may lead to financial crisis, and that is why it is recommended to purchase a personal accidental Insurance policy. It will provide the necessary financial assistance to you against injuries and disabilities that may be partial, temporary or even permanent. There are various benefits that can be secure for yourself against accidental death and disability with personal accident insurance.
You should consider getting personal accident insurance if you have a family, or if the loss of your income is significant enough to leave you or your family in stressful financial circumstances. With the benefits that come with personal accident insurance, you will be able to ensure that you and your family is taken care of financially should anything happen.
Even if your employer provides personal accident insurance, supplementing this coverage with your own personal accident insurance would be a smart and excellent move. The great thing about personal accident insurance is that claims across multiple policies are accepted for certain benefits. However, you should note that there will be a total limit to the amount you can claim. Getting your own personal accident coverage plan ensures that you are supported from all sides, giving you an added peace of mind.
The G.A.P. Vassilopoulos Group acting as Coverholders on behalf of Lloyds Insurance Company S.A. is able to design a bespoke Personal Accident policy which does not only include cover for emergency treatment but also other significant expenses you may be faced with such as physical therapy, transportation and accommodation.
Bespoke policies can be created by mix and matching below covers:
- Accidental Death benefit
- Permanent Total Disability
- Temporary Total Disability
- Hospital Benefit
- Medical Expenses
Excluded Policy Activities:
- Winter sports, aqualung diving, mountaineering, football other than amateur football and other dangerous sports
- Flying (except as a fare paying passenger)
- Hang gliding or parachuting
- Participating in any kind of racing
- Driving motorcycles or riding as a passenger if the engine’s cubic capacity exceeds 125 c.c.
- Participation in any professional sport
- Active service in the armed forces
- Any pursuit or activity involving personal danger or hazard.