Personal Accident Insurance. Do you need it?

If you suffer an injury from an accident and you are not able to work, personal accident insurance will provide financial protection for you and your business.

With personal accident insurance, you can also provide cover for certain key members of staff that are important to your business. So, if they suffer an injury from an accident, your business will be covered, whilst they are unable to work. This benefit is paid directly to the business to use as needed. For example to cover the cost of hiring temporary staff.

Personal accident insurance can be paid out as either a lump sum or in weekly pay-outs to help cover a loss in income incurred from the accident.

Types of coverage normally provided under personal accident insurance include, a permanent disability, a temporary total or partial disability, accidental death and medical expenses.

Personal Accident Insurance Case Study

Mr Curry fell off a ladder whilst window cleaning. The resulting injury, from the accident, meant that he was laid up and out of work for six weeks.

As Mr. Curry had taken out personal accident insurance, he received a payment following the initial 2-week excess period. This pay out provided him with the income that his business was missing, whilst he was unable to work.

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Frequently Asked Questions

Whilst you may not necessarily need personal accident cover in addition to income protection, there are several different benefits that come with both forms of insurance and there are also some cost-effective reasons why these types of insurance should be purchased together. Speak to a member of the Polished team for more information.

Yes. We can arrange a group personal accident policy that will cover your business for any income loss, as a result of an accident sustained by an employee.

No. With a Polished personal accident insurance policy, you are covered for twenty-four hours a day. This includes injuries resulting from sporting activities, providing that you have disclosed any regular activities to insurers. However, some sporting activities that are deemed high-risk, are excluded.

There isn’t a monetary excess but there is what is known as an excess period, which is generally for two weeks. During this time no benefit is payable.

If you have any other questions please email

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