We recently shared an article, which defined what Personal Accident insurance is all about. Today we’re focusing specifically on the benefits you’ll enjoy if you get this type of policy through our team at Bidvest Insurance:
What benefits does personal accident insurance offer you?
Bidvest Insurance personal accident cover offers:
- Accidental death cover
- Commuter-related accidental death cover
- Repatriation of mortal remains
- Legal assistance with wills and estates
- Lump sum pay-out to the insured/beneficiaries as a result of permanent disability
- Cover for hospitalisation due to accidental injury
- Emergency medical assistance
Will personal accident insurance cover accidental death?
Yes, Bidvest Insurance personal accident cover pays out a lump sum of cash to your nominated beneficiary in the event of your death, as a result of an accident. The definition of an accident, though, is not just limited to a motor vehicle collision.
Another example of an accident could be that you’re walking through a shopping mall, and slip on a wet floor surface. Your Personal Accident insurance policy will pay out if you sustain fatal injuries during a fall like this. More examples of personal accidents are available in our previous article.
What is commuter-related accidental death cover?
We understand South African communities’ particular risks, like those that come with travelling on public transport. Being a passenger means you have even less control than you would, when you’re a driver. Our Personal Accident insurance product will cover your death, should it result from an accident in which you were a commuter on a public transport network.
If you’d like to learn more about Bidvest Insurance personal accident insurance cover, click here to view our product page and leave your details for an obligation-free quote.
Personal Accident insurance offers medical assistance:
Another benefit of getting Personal Accident insurance is that you’re able to access emergency medical assistance when you need it. This ensures that you receive quality medical attention in the moments that matter the most.
Does Personal Accident cover pay for hospital fees?
Yes. If you’re injured during or as a result of an accident, and you need to be hospitalised, you can claim from your Personal Accident insurance policy. The whole point of this insurance policy is to take away all the anxiety and financial stress that comes with emerging from an accident.
Does disability cover come with Personal Accident insurance?
Yes, but it’s important to remember that there are different kinds and severities of disabilities and impairments. The bottom line is that there’s a lump sum of cash paid out in the event that you’re permanently disabled, as a result of an accident.
What if you have disability cover linked to another policy?
If you have any other active or valid policy which pays out a disability cover, this benefit will not apply from your Personal Accident insurance policy.
Can you have more than one accident insurance policy?
No. It’s not possible to have more than one personal accident insurance policy in your name. You can, however, add dependants to your main policy.
Is repatriation a Personal Accident insurance benefit?
Yes. Domestic repatriation is a benefit of your Personal Accident insurance policy. This means that if you pass away due to an accident that happens outside of the city you live in, your mortal remains will be transported back to where you lived (at the cost of the insurer).
Does this mean you’re insured for international accidents?
No. If you’re involved in an accident outside of South Africa, your Personal Accident policy will not cover the cost of international repatriation.
Why does Personal Accident insurance offer legal assistance?
If you lose your life in or because of an accident, your assets and estate may be at risk. By taking advantage of this benefit, that comes with your Bidvest Insurance Personal Accident insurance policy, you can prevent any legal or financial trouble for your beneficiaries, in this scenario.