|
|
What are the key components of the Personal Accident section?
This covers accidental death and disablement and offers broader cover than other standard products.
What is the difference between the cover offered in the Life policy (death by natural causes) and that offered under the Personal Accident section?
The annual life cover provides cover for death as a result of natural causes whereas the personal accident section covers death and other injuries as a result of an accident plus medical expenses and evacuation.
What limits/sums insured should we select for our employees in respect of accidental death and or disablement?
Standard industry practice is to insure on a multiple of the individual's gross annual salary. Generally a limit of 5x salary is regarded as a minimum.
What limit is adequate for the costs of medical evacuation?
Emergency evacuation costs from hostile zones can cost up to £100,000 per emergency. A minimum level of cover for a sum of £250,000 is advisable and larger limits are available.
next |
|
|
