Accident Insurance Quotes compared between all major personal accident insurance providers. Complete online comparison & save 20% on your policy today.Visit us www.lifeinsurancedirect.com.au/income-protection/accident-insurance/

2. Term Accident Insurance
 Unfortunately, accidents can happen
in everyday life and any injuries
caused could lead to a loss of income
due to time of work.
Definitions: A personal accident
insurance cover offers you security for
all the financial losses you have
suffered as a result of some serious
injury or personal accident.
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3. Benefits of Accident Insurance
 Accidental Death Benefit : In case of an
unlucky event happening ensuing in death of
the insured the nominee would be paid up to
the sum insured which would be of huge
support to the existing members.
 Accident Disability : Death is typically not the
only effect of an accident. At times it leads to
disablement or dismemberment. Supporting
the medical expenditure and the cost of living
in such a condition can be very challenging
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4. Benefits of Accident Insurance
 Education Grant: A sudden crisis
situation in the family immediately
tends to hamper the education of
the children.
 Accident insurance generally covers
up to 75% of your income and
mainly offers a monthly benefit
from 2 years up to 65 years.
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5. Premiums and Coverage
 Some things to consider while comparing
quotes and getting the most competitive
option are:
 Occupation–The cost of your premium
may swell depending on your occupation.
 The benefit period – Generally, longer
benefit periods will attract a higher
premium. Benefit periods may range from
2-5 years up to 65 years.
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6. Premiums and Coverage
 Monthly Benefit – As accident
insurance covers 75% of your income,
those people with a higher income may
pay a higher premium.
 Your age – As you age, your risk of
accidents increases and it may affect your
premium.
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7. Conditions In Accident Insurance
 Accident insurance is not the same as
accidental death cover.
 An accidental death insurance policy
pays you a lump sum payment should
the accident causes the death of the
insured.
 Generally, accident insurance policies
can be a more cost effective solution
than full sickness and accident
insurance policy as since it only covers
accidents.
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