Accident Insurance

No one wants to get into an accident, but these unforeseen things happen so it’s best to be protected if and when it does. Personal accident insurance (available in individual and group packages) provides extensive coverage in the event of an accident resulting in injury or death. A lumpsum amount can be expected for temporary/ permanent disablement including accident medical expenses, as well for loss of sight, hearing or speech loss. Personal accident also covers unprovoked murder and assault and pays 100% of the benefit amount due to loss of life caused by unprovoked murder or assault, or accidental death. There’s also a separate burial benefit allotted in the plan. 

In the Philippines, where extended families are common and financial responsibilities are often shared, unexpected accidents can place a significant strain on loved ones. Personal accident insurance provides a vital safety net, ensuring that medical expenses, income loss, or even final arrangements are covered — helping ease the financial burden during difficult times.

These are very heavy scenarios to picture. Many of us are lucky to never experience such. When faced with such circumstances, let your insurance plan take care of you when you need it the most.