Advertisement
Anonymous
Personal Accident Policy Personal vs Company
Hi, if the company already provided a personal accident policy for insurance, is it necessary to keep the existing personal accident policy?
Will it be more expensive if I do decide to purchase it again at a later date?
*Company insurance does cover accident outside of work
3
Discussion (3)
Learn how to style your text
Reply
Save
It depends on your employment benefits scheme. Some benefits cover GP and SP, scans, physio and chiro coverage regardless of whether its caused by a workplace accident, in those cases i'll think that a PA isnt required.
Reply
Save
Company-sponsored personal accident plans may only cover accidents arising during work, so you may w...
Read 1 other comments with a Seedly account
You will also enjoy exclusive benefits and get access to members only features.
Sign up or login with an email here
Write your thoughts
Related Articles
Advertisement
I think the main thing to look at is not which coverage is better. The main thing to look at is are you staying in the same company forever. Because for example, while you are in company A and you did a claim, 2 years later you left company A, if you do not have your personal insurance, the injury you had 2 years ago will become a pre existing condition and no insurance company will cover that if any issues arises from that condition. So it's best if you have your own insurance coverage.