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PERSONAL ACCIDENT POLICY
How does the plan work?
The Personal Accident Insurance Policies cover Death or Bodily injuries caused solely and directly by accidental violent, external and visible means. The case of the death or bodily injury must visibly operate outside the body and an element of force must be present.
Unlike the works-men’s compensation which gives protection only during the working period, the personal accident policy provides a 24-hour cover to all clients, whether at work place or not. It is a more comprehensive cover than the workmen’s compensation without necessarily being more expensive.
The Personal Accident cover is very important to each and every individual, considering the type of risk we are all exposed to in our daily lives during working hours and on the roads. It is quite prudent to transfer these risks above to us.
The Personal Accident cover is very important to each and every individual, considering the type of risk we are all exposed to in our daily lives during working hours and on the roads. It is quite prudent to transfer these risks above to us.
Example
| Personnal Accidents Quotation |
| RATE |
PREMIUM |
| 1 person |
1% of GH¢7,500.00 = GH¢75.00 |
| |
|
Medical Expenses |
|
1 person |
1.5% of GH¢75.00 = GH¢1.125 |
| |
| Total Annual Premium = GH¢76.125 |
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