Asked by Anonymous
Because there is an ongoing promotion that GE is having this week, now I am wondering if I even need it... The 1mil death coverage is really a selling point for me. But again, do I really need it? Does anyone have any experience with this plan, the good and the bad?
Hello there, there are a few points need to highlight to you.
If you need any help, just post your questions here or pm. please avoid purchasing without understanding the product
Getting this plan will make your life look like a tv drama. People might be creating accidents to go after your $1 mil
This is a Personal Accident Plan. The payout will only be given in the event of accidental death and dismemberment. There's also a payout schedule for loss of limbs, burns, etc.
This is not a normal Life Insurance plan that pays the death benefit due to any death, and not just accidental.
A PA plan with that high coverage may seem a little overkill, but I don't doubt it's a good plan.
You should get it after you got yourself Life and CI cover.