How much coverage should I have for personal accident insurance? Because accidents aren't the only reason for death/disability, should I refrain from a signing more expensive/higher coverage policy?

Hi Anon,

In regards to how much coverage, I think it depends on your needs. Cause a higher coverage would also mean you have a higher reimbursement limit per accident or per year.

Also a personal accident policy is usually affordable so it would be good to find something that means your needs and affordability. Do reach out if you have more questions

Hey there!

You might want to look at what are your current liabilities/dependents to know what is sufficient coverage so that in the event something happens, your liabilities/dependents are taken care of. Also, you might want to see what fits into your budget as well.

In general, you might want to consider what are the kind of additional benefits you may want to have in a Personal Accident Insurance plan. There are additional benefits like TCM coverage, Chiropracter, food poisoning, dengue etc. There are benefits like Weekly Income and Hospitalisation Income in the event of an accident.

Accident plans are often not subject to underwriting (which is a good thing!). Your claims are often processed when the Medical Practitioner records your event as an accident/injury.

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