This niche Accident & Health product has been branded 24hr Accident 2 Health Insurance and offers a wide range of personal accident, disability and supplemental health options all in one.
24hr Accident 2 Health Insurance includes accidental death and accidental disability cover, daily hospital cash cover, financial protection, trauma and HIV prevention.
An accident, by its very name, is something that happens by chance to all of us at some point in our lives. An event that’s unplanned and unexpected, whether its effect is positive or negative, its unexpected . . . and very seldom planned for. It is important to note that an accident here is defined as any incident, which occurs and which is beyond our control; this includes assault, rape, car accidents etc.
When accidents happen, we’re usually unprepared for the consequences and if someone is unfortunate enough to have an accident, which causes injury, there are usually considerable and unexpected expenses, which can have a serious effect on their financial position.
The following benefits have been approved to cover those serious life-changing events such as the death or permanent disability of an employee or the less serious accidents from which the employee will recover, but which result in a financial loss or an unforeseen expense.
- The 24hr Accident 2 Health insurance product offers companies a comprehensive personal accident policy for their employees with 5 different options available. Depending on the option selected a different value of benefit is paid out to them in each particular event.
- Employers can place all employees on the same option or place specific employees on options depending on their positions within the business.
- In order to be eligible there needs to be 5 or more employees added to the product.