Each Cash for Income Loss (Accidents) plan is tailored to fit the customer’s lifestyle, budget, and needs. It takes into consideration a person’s usual mode of transportation, workplace environment, and monthly take-home income to provide the best possible price for the right amount of coverage.
You will be covered under this insurance product with the following:
- Disability benefit in case you get totally and permanently disabled
- Functional disability
- Presumptive disability
- Occupational disability
- Death Benefit
- In case you pass away we will pay the beneficiary/ies the following:
- 100% of the Total Benefit Amount if as a result of a standard accident; or
- 50% of the Total Benefit Amount if as a result of an expanded accident
- Standard Accident Coverage:
- Travelling Accident (Land, Air or Sea) that occurs during your daily commutes or while travelling by land vehicle, aircraft, or water-borne craft; or
- Unprovoked Assault; or
- Fire accidents resulting to injuries, including accidental suffocation from smoke or fumes; or
- Accidental Drowning; or
- Accidental Suffocation from gas or fumes
- Expanded accidents coverage
- At work as a licensed pilot, helmsman or paid driver,
- While you are in a commercial land vehicle, aircraft or water-borne craft but not as a fare-paying passenger
- During any act of terrorism
- During any nuclear, biological and chemical attacks/warfare