Imagine being
involved in an accident that you didn’t know would occur. Whether it is a car
accident, physical accident or any other external accident that ends up causing
body injuries. Personal accident Insurance becomes of importance in such
scenarios in that it will provide you with monetary compensation.
The major
reasons as to why you need Personal Accident Insurance include:
1. Accidental death benefit.- This is
among the major reasons of having an accidental insurance in that the policy
provides compensation up to 100% sum insured incase an accident leads to the policy
holder’s death or disability. In case of death the policyholder, the
compensation is received by the family.
2. Permanent Total disability- Personal
Accident Insurance covers the bodily injury that totally and absolutely
prevents you from engaging in any kind of occupation. The total disability such
as loss of limbs is covered with the payout of 100% of sum insured. Medical
emergencies and loss of income lead to the financial crisis but this policy
serves you in such dark faces and fosters financial stability against the
financial blow of unexpected occurrences.
3. Temporary Total Disability – The
bodily injury that results in total, irrevocable, absolute and continuous loss
of or impairment of a body part or a sensory organ is also covered under the
accidental Insurance policy. If the policyholder loses e.g. a limb, he /she
can file the accidental insurance claim and the policy will compensate for this
loss subject to some sub-limit.
4. Medical expenses as a result of an
accident- Apart from hospital bills and medical treatment, personal accident the insurance policy covers other expenses such as ambulance charges, repatriation
charges and incase of death even the funeral expenses are settled within 48
hours.
5. This insurance also has other
additional benefits where it covers purchase of artificial appliances such as
crutches, it offers free trauma counseling upto Kshs 10,000/= and physiotherapy
expenses up to Kshs 10,000/=
Personal
Accident Insurance covers people who are between the ages of 18 and 65 years.
Persons below 18 years can only enjoy cover under their parents/guardian’s
policy. We cover children below 5 years for road risks only.
