Accident insurance

Accident insurance provides you with financial assistance for accident related events.

It is basically a plan that combine life, disability and health insurance into a single plan and the benefit will be paid out in the event of accident.

So usually it will cover accidental death or disability, provide medical reimbursement due to accidents such as fall, slip, sport injury*, insect bite, food poisoning, etc. On top of that, it also provide dismemberment benefit which will give a pay out if let say a person lost a finger (so it actually covers all your body parts from head to toe).

Accident plan is good because everyone can participate regardless of their health and it will boost the overall insurance coverage at a very low cost.

Is this a plan that you should consider?

For single: Yes.

For married couple: Yes.

For family with children: Yes.

For retiree: Yes, as they are prone to accident such as fall.

As this is a very low cost plan, it is suitable for anyone.

Some of the plans that are available in the market:

1. Personal accident plan.

2. Children accident plan.

Tips: Try an accident plan, regardless of the coverage amount. You will find it useful in claiming for the small stuffs.