Personal Accident and Sickness Insurance

As an employer could you continue to pay an employee’s salary if they were off work due to an accident or illness?

If you are self-employed, could you survive financially if you were unable to work? How would you continue to pay your mortgage and household bills without a regular income?

Why take out Personal Accident & Sickness Insurance?

Taking out Personal Accident and Sickness Insurance could help to provide an income to meet some of these costs in the event of an accident or sickness.

Personal Accident and Sickness Insurance provides cover:

In respect of accidental bodily injury resulting in:

• Death
• Loss of eye(s)/limb(s)/speech/hearing
• Permanent total disablement from your usual occupation

In respect of accident and/ or illness:

• Temporary total disablement from your usual occupation payable for a maximum of 104 weeks following the first 7 or 14 days of disablement depending on your occupation.

Personal accident and sickness insurance is a very flexible product and the main consideration is the amount of benefit that you will require each week. The level of benefit that you choose will determine the cost of the policy.

Weekly pay-outs for temporary total disablement depend on the level of cover chosen.  Policies can be extended to include sickness cover for an additional premium.