Personal Accident Insurance
Personal Accident Insurance provides a financial safety net if you, your employees or insured individuals suffer a serious injury or death as a result of an accident – whether at work or outside of it (depending on the policy).
It pays a lump sum or weekly benefit depending on the severity of the injury and how it affects the person’s ability to work.
What Does Personal Accident Insurance Cover?
This insurance typically covers the following instances:
Accidental Death
A lump-sum payout to the insured’s beneficiaries if they die as a result of an accident
Permanent Total Disablement
A lump-sum benefit if the person is permanently unable to work in any occupation due to an accident
Loss of Limbs or Eyesight
Fixed lump-sum payments for specific injuries like the loss of a limb, eye, hearing, or speech
Temporary Total Disablement
Weekly income if the person is temporarily unable to work (e.g. broken leg, fractured arm)
Temporary Partial Disablement
Partial weekly benefits if the person can still work in a reduced capacity
Medical Expenses (Optional)
Reimbursement for costs such as physiotherapy, surgery, hospital stays or prescriptions following an accident
Hospitalisation Benefit (Optional)
Daily payments while the person is in hospital due to an accident.
Who Needs Personal Accident Insurance?
Employers who want to protect employees (especially in manual trades or high-risk roles)
Self-employed professionals who depend on their income
Business owners providing added protection for directors or key staff
Often required for contractual work, especially in construction or offshore industries
Why Does Personal Accident Insurance Matter?
Accidents can happen any time – and recovery can take weeks, months or longer. Personal Accident cover ensures you or your employees aren’t left without income or support in the meantime, ensuring both financial stability and peace of mind.
What a Claim Might Look Like
1. Workplace Injury – Broken Leg
Scenario:
A construction worker falls from scaffolding and suffers a broken leg, unable to work for 10 weeks.
Outcome:
The policy pays a weekly benefit during recovery, helping to replace lost income.
2. Accidental Death
Scenario:
An employee is tragically killed in a road traffic accident while travelling between work sites.
Outcome:
A lump-sum death benefit is paid to the employee’s family.
3. Loss of Sight
Scenario:
An employee suffers an eye injury from a chemical spill on site and loses sight in one eye.
Outcome:
The policy pays a fixed lump sum for permanent partial disablement.
4. Off-Duty Accident (if 24-hour cover is included)
Scenario:
A self-employed plumber is injured in a cycling accident at the weekend and cannot work for 3 months.
Outcome:
The policy pays weekly benefits during the recovery period.
Why Does Personal Accident Insurance Matter?
Accidents can happen any time – and recovery can take weeks, months or longer. Personal Accident cover ensures you or your employees aren’t left without income or support in the meantime, ensuring both financial stability and peace of mind.
We Would Love to Hear from You
Let’s talk about how we can improve your coverage, service, and premium. Simply fill in your details, and we will be in touch within 24 hours to see if we can help.