Who and what is covered by Personal Accident and Sickness?
Under the Personal Accident and Sickness Section, the maximum number of people you are allowed to cover is two (subject to assessment criteria).
Benefits to the person(s) insured include:
- If Injury is selected, a lump sum payment in the event of accidental death or permanent disablement (based on the compensation percentage for the defined event shown in the PDS multiplied by the capital sum insured). Or payment of a weekly benefit shown in the schedule or average weekly income (whichever is the lesser) for temporary total or partial disablement caused by an accident; and
- If Sickness is selected, the payment of the weekly benefit shown in the schedule or average weekly income (whichever is the lesser) for temporary total disablement caused by sickness.
Examples of events which are covered include:
- Accidental death.
- Permanent or partial disablement caused by accident.
- Temporary total disablement caused by accident.
- Temporary total disablement caused by sickness (optional cover).
Refer to the Personal Accident and Sickness Section of the PDS for further details. Covers are subject to the terms, conditions and exclusions listed in the PDS.
The above descriptions of cover apply to the Small Business Advantage Pack only. The Office Pack and Trades and Services Pack can contain different covers, limits and exclusions, and are not available for purchase online.