Personal Accident Insurance
covers individuals and groups from the physical injuries and financial loss
Don't wait for an accident to happen to cover yourself
About the Personal Accident Insurance cover
Personal Accident Insurance is a policy to cover individuals and groups from the physical injuries and financial loss. It covers death, permanent disability, temporary total disablement, accidental medical expenses, funeral expenses, hospital cash, artificial appliances among other things. It caters for bodily injuries and also covers pure financial indemnity to the insured in form of death and disability benefits.
Personal Accident Insurance is similar to the Work Injury Benefits Act (WIBA) which is a statutory insurance provided by employers to all employees. The only difference is that WIBA only covers employees during official working hours and duties while a PA covers the insured at all times. A newer product WIBA+ has been introduced which offers employees all round protection in and out of the office similar to a PA cover.