Why accident insurance

As with many types of insurance, your age plays a major role — the older you are, the more expensive your plan will be. Accident insurance also has a deductible. Usually, your deductible amount is simply taken out of your benefit before you receive the funds. Just be sure to choose your deductible level with care, and make sure that you can afford it before finalizing your plan.

There are two ways to get accident insurance. The first is with a personal accident insurance policy. Just like most other types of supplemental coverage, you can shop around at different insurers to find the best coverage and the best price.

The other option is to enroll in an accident insurance policy through your employer, if available. What is group accident insurance? Many employers offer this optional coverage as part of their benefits package. You may receive more robust coverage or a discounted premium through your employer. These policies are typically customized by your employer so check to see what type of coverage is actually included before you opt in.

Plans are generally voluntary and the premium is deducted from your paycheck. Accident insurance may seem similar to other types of policies you might already have or are considering. Why should I consider accident insurance? Protect your family from accidents. What are the benefits of our accident insurance? You choose how to spend your money The money you receive from your accident insurance can be used however you want as you recover from your injuries, covering anything from medical costs to non-medical costs like your monthly rent.

Take advantage of our flexible Rainy Day Fund. Buy directly from Guardian. Get it through work. Already have Guardian accident insurance through work? A compensation is paid if during the insurance validity period the Insured suffers from a physical injury due to an accident that causes death or total permanent disability.

The compensation is paid based on a percentage limit if the Insured suffers total permanent disability. After the Insured submits all the necessary documents related to medical expenses arising from injuries due to an accident, insurance benefits will be provided according to the chosen policy scheme. Chubb's Personal Accident Insurance provides greater peace of mind when it comes to unforeseen accidents. Using Internet Explorer may prevent you from accessing Chubb. Workplace injuries can disrupt your business and lead to costly compensation payments.

Our track record of offering Group Personal Accident insurance to organisations also puts us in a good place to help yours, no matter its size. Note: Product highlights are summaries only. Please see the actual policy for terms, conditions and exclusions.