Personal Accident
Cash when an accident leaves you hospitalized, disabled or worse. Underwriting is simple, because what's mostly looked at is your occupation rather than your medical history.
What personal accident insurance is
Personal accident insurance pays cash if you have an accident that results in hospitalization, loss of limb, disability or accidental death. It isn't health insurance and it isn't full life insurance: it's coverage bounded to accidental events, which is why its premium tends to be among the most affordable there is.
Its great advantage is access. Because what the company mainly looks at is what you do for a living rather than your full medical history, it approves people who would struggle elsewhere. For many families it's the first coverage they manage to get.
How it works, no fine print
An electrician working at height, someone on a motorcycle all day and someone working from home are not exposed to the same risk.
These products pay by schedule: so much for hospitalization, so much for a specific loss. I explain it in concrete terms.
A short questionnaire, usually with no medical exam. Your occupation is the factor that weighs most in the assessment.
I confirm the date your coverage starts, and we review the policy if you change trade or activity.
- People in the trades and in construction.
- Anyone who spends a lot of time on the road or on a motorcycle.
- Athletes and anyone with an intense physical routine.
- Anyone who needs a first policy and wants something easy to get.
- It covers accidental events only. An illness, however serious, does not trigger this coverage.
- It pays according to a benefit schedule set in the contract, not an open amount for any event.
- It replaces neither life insurance nor a health plan: it supplements both.
- High-risk activities and certain sports may be excluded. Go over it with me if that applies to you.
- Approval and terms depend on the insurance company's underwriting.
Let's talk about whether personal accident coverage is right for you
I walk you through your options openly, compare the insurance companies I work with, and tell you plainly if a different coverage suits you better. No obligation and no pressure — the decision is always yours.
About personal accident coverage, specifically
Generally yes — traffic accidents are among the most common events on these policies. What varies between contracts are the specific exclusions, such as driving under the influence or taking part in racing. I point those out precisely in your proposal.
It may overlap with State Insurance Fund coverage, and that has to be looked at against your employment situation. A personal accident policy pays its benefit independently, but it's worth getting clear on how the two interact.
No. Personal accident only answers for accidental events, and most deaths are not accidental. If your goal is to protect your family generally, life insurance has to be the base and this sits on top of it.