It’s all-too-easy to think: “It won’t happen to me.” But accidents and injuries do happen, and the consequences can be far-reaching. Many people prefer to take the view that an accident will never happen to them and sadly they are the ones that suffer bigger long term consequences than those that are always prepared.
Think of what could actually happen if you were in an accident: at the very least you could lose wages. Or even more. It’s even more unpleasant to think about what would happen in the event of your premature death, but it’s wise to plan in advance for this possibility if you have a dependant family.
Personal accident cover and car insurance.
If you are injured whilst in your car, you might assume that personal accident insurance has already been included in your policy, but this may not be the case. Some standard policies only offer a minimum level of cover, meaning that you would have to pay an extra personal injury premium if you wished to be covered for a higher amount. Even then, personal injury policies can have restrictions, such as covering only the driver and his or her spouse, or only covering people under the age of 80. So when you are taking out your insurance and are tired of answering the many questions remember that answering just a few more could be safeguarding your future.
What is it and how does it work?
The whole purpose of personal accident cover and car insurance is to provide a facility to pay out a specific, tax-free sum if an accident results in serious injury or death. The common policies usually cover a range of scenarios, with different sums paid for the loss of a limb, fingers or toes, fractures of various parts of the body, or loss of sight in one or both eyes.
The policy holder pays a premium to the personal injury cover provider, usually on an on-going or monthly basis. If an injury or death occurs, the policy holder – or their family – receives the specified sum. This could be in the form of a lump sum or in instalments for a fixed period of time. Comprehensive car insurance includes an element of personal injury cover, but this might be restricted depending on the policy.
So what if I have an accident?
If you have an accident and have already considered personal accident cover and car insurance then you will be able to claim against your insurance policy. But you are still legally entitled to make a compensation claim for your injuries and losses. To do this you should speak to a company such as Accident Advice Helpline on 0800 689 0500 (0333 500 0993 from a mobile phone) and get no obligation advice on what you can claim for. The lines are available twenty four hours a day seven days a week.
Call today and find out what you may be entitled to following your accident.
Date Published: 7th March 2014
Author: Louise Thacker