Affordable Personal Accident Insurance Quotes in the Philippines—for the Hero in You

Risks are present wherever we go, whatever we do. However, being prepared for unforeseen events is the next best thing we can do to prevent those risks from fully affecting our family and other loved ones financially. Because of this, personal accident insurance exists to provide financial aid in case of unfortunate circumstances.

Personal accident insurance is a type of insurance coverage that provides compensation to the beneficiaries of the insured in case of a serious accident, illness, or fatal event. In this type of insurance, the applicant will pay the insurer a certain amount in case of severe injury, permanent disability, dismemberment, or death.

This type of insurance pays the beneficiary lump sum cash when the insured dies or suffers from disability and death. Furthermore, the person insured can also seek options that will include additional coverage.

The scope of cover and scale of benefits differ between insurance companies.

Some of the benefits and coverage of a Personal Accident Insurance are the following:

  • Accidental Death Benefit
  • Permanent Disablement Benefit
  • Temporary Total or Partial Disablement
  • Hospital Benefit
  • Murder and Assault
  • Medical Expense Reimbursement
  • Flying Coverage
  • Burial Expense
  • An additional cover for Life insurance may be added under Personal accident