Personal Accident

Accidents can happen at any time. Fortunately, most result in only minor injuries and don't impact day-to-day life. However, the more serious accidents impact not only physical and mental well-being, they also can have a significant financial consequence. If an individual cannot work for a number of months as a result of an accident and has no insurance to call upon for financial support, any hard earned savings can fast drain away.

Being involved in an accident cannot only mean physical pain, the physiological and emotional anxieties can be equally distressing. Coming to terms with any form of disablement can mean long term convalescence and rehabilitation. The added worry of how to meet financial obligations can dramatically impact recovery.

Personal Accident (PA) insurance is a low-cost protection that allows the individual to focus on their recovery, rather than worrying about having to return too early to their job. The cash benefits that our policies can provide ensure they have peace of mind and financial security.

Key facts and figures

We all believe "it'll never happen to me." Unfortunately, for many of us, an accident will occur that may well prevent us from working for a lengthy period:

• Major injuries to employees rose to 30,666 in 2003/4, up 9 percent on the previous year, with increases in many service industries.1
• Over a third of all reported major injuries were caused by slipping or tripping.1
• There were 290,607 road traffic accidents resulting in casualties in 2003.2
• RoSPA estimate that almost 4,000 people die in accidents in the home and 2.7 million turn up at accident and emergency departments for treatment every year in the UK.3
• RoSPA believe that a quarter of a million serious injuries are as a result of DIY accidents.3
• More than a third of all accidents to adults take place in the home, the largest single cause of accidents in the UK according to RoSPA.3

Sources: 1 Health & Safety Executive 2 Dept for Transport 3 Royal Society for the Prevention of Accidents

Features and benefits

In the event of a serious accident resulting in some form of disablement, Personal Accident Insurance from Assurant Solutions would pay significant cash sums to provide the individual peace of mind and financial security, whilst adapting to and coping with a new lifestyle.

• Low cost monthly premiums from just £5 per month, collected by Direct Debit.
• Individuals can select a maximum tax-free cash lump sum to suit their needs up to £50,000* and are free to choose how to spend the benefit.
• Immediate cover meaning that the individual can make a claim straight away should the worst happen.
• A 30-day cooling off period enabling the consumer to make sure this is the right cover to meet their needs.
  
  * In the event of accidental death, loss of sight or loss/loss of use of two limbs.

Eligibility

The only eligibility clause is that individuals need to be aged between 18 and 60.

Exclusions

There are very few exclusions applying to our Personal Accident Insurance policies. The main exclusions are:

• Participating in dangerous or hazardous sports;
• Working in a dangerous occupation;
• Pre-existing medical conditions;
• Accidents resulting from or occurring at the time of being under the influence of drugs and/or alcohol.

For a full list of the exclusions, please refer to the policy terms and conditions. If you would like a copy, simply click on "contact us" and detail your request.