Personal Accident Plan

1. What is a Personal Accident (PA) Plan, and why might you need it?
A Personal Accident Plan provides financial support if you’re injured or disabled in an accident. It covers accidental death, disability, and includes benefits for TCM treatments and medical reimbursements to aid in recovery.

Unlike a hospitalization or integrated shield plan, which focuses on inpatient treatments, a PA plan helps you cover for unexpected outpatient expenses. This includes A&E visits, as well as costly lab tests like X-rays or MRIs done in an outpatient setting. It also provides a lump-sum payout to cover lost income for your family in the event of death or disability due to an accident. It’s a practical way to protect yourself and your loved ones from the financial strain of unexpected events.

2. Can I claim for minor injuries, like a sprained ankle or minor fractures?
Yes, Personal Accident Plans often cover minor injuries, including fractures, sprains, and dislocations. Depending on your policy, you may claim for accidental medical reimbursement up to policy limit.

3. What’s the difference between a Hospitalization Plan, Life & Critical Illness Coverage, and Personal Accident Plan?

• Hospitalization Plan: Covers inpatient medical expenses, like hospital stays, surgeries, inpatient treatments, outpatient cancer treatment and kidney dialysis, and pre- & post-hospitalization costs, such as consultations and follow-up tests.
• Life & Critical Illness Coverage: Provides a lump-sum payout for serious health conditions (e.g., cancer, heart attack, stroke, etc) or in the event of death, supporting long-term financial security.
• Personal Accident Plan: Specifically addresses the costs of accidental injuries, including outpatient treatments, lab tests, TCM, and financial support for disability or accidental death.