Personal accident insurance
Covers you against the cost of:
- you or an insured employee being unable to work following an accidental bodily injury
- retraining, recruitment, medical and funeral expenses incurred as the result of an accidental injury to you or an insured employee
You may face additional risks if:
- you are vital to the running of your business
- you want to take steps to protect your business income
- you are concerned about the cost of retraining or replacing an injured employee
We'll pay to your business as a lump sum the cover level you select if an insured person:
Only one payment will be made for each insured person for the consequences of any one covered physical injury. The most we'll pay in total including related expenses for injuries suffered in one event is £1,000,000.
For temporary total or temporary partial disablement, we'll pay up to £250 per week for each insured person for the consequences of any one covered injury lasting longer than 14 days until the earlier of:
We'll also pay to your business, for every incident of loss:
For full details of what's covered, see your policy documents.
What's not covered
We will not make any payment for physical injuries caused or contributed to by:
For full details of what's not covered, see your policy documents.
Are accidents outside of work covered?
Yes, they are. We don't cover injuries caused by or contributed to by some activities and situations, so you should check the wording on your policy. But, in general, you and your employees are covered whether an accident occurs while at work or not.
What level of personal accident cover do I need?
You should think about how your business would cope if you or a key member of staff was injured and unable to work temporarily or permanently. What might this mean for your turnover? The amount of cover you select is the lump sum amount your business would received if an insured employee suffered a serious injury.
Who is covered by personal accident insurance?
Personal accident insurance covers the number of people working in your business including yourself that you selected when we asked you about your business. If you don't want to cover all of your employees, please phone one of our business insurance experts to discuss your requirements.
Who receives payments made under this cover?
All claims payments are made to the insured business, not to an insured employee.