Accident Insurance

Personal Accident Insurance, also known as accident insurance provides an income if you are unable to work following an accident. In Ireland, an estimated one in six Irish workers will be unable to work for more than six months during their lives when, according to the Office for National Statistics, United Kingdom more than 2 million people are constantly unable to work due to accident or illness. Available for almost all professions. Personal Accident Insurance is especially popular with the construction industry because it provides an income after only one month of incapacity for work following an accident. The cover provided is 24 hours and is not limited to accidents. All payments are tax free and the policy can be tailored to your specific needs. There are three distinct advantages for personal accident insurance, namely:
A monthly tax-free income - The amount of tax free monthly is paid after one month and you choose the time during which compensation is payable for 12, 18 or 24 months. This means that the customer will receive an income every month until they either return to work or the benefit period selected [12/18/24] months has elapsed.
Hospital cash cover provides a fixed amount, typically 100 a‚¬ for each night you go to the hospital.
Lump-sum benefits are provided to the policyholder which provides a lump sum depending on the nature of your injury. For example, loss of sight, a hand, foot, etc. result in a lump sum a‚¬ 100,000 relatively minor incidents such as after a broken leg in 1000 with a‚¬ per month delivery chosen.
Although the lid on a personal policy provides coverage for accidents "Accident Only" an illness and accidents can be arranged package, which offers all the benefits of individual policy against accidents and also includes coverage if you are unable to work because of illness.
This package is popular with both building and construction and is not suited to your requirements.
Also known as income protection insurance, permanent health insurance is the most comprehensive product available today on the market. Unlike the Personal Accident policy, when payments are limited to a maximum of 2 years, payments of health insurance long term until your last selected retirement age or until you return to work.
Applications can potentially last for decades even if the waiting period is longer - the normal delay of 13 weeks, as opposed to a month with a personal accident policy. In the case of a claim by the insurer actually becomes your employer and the available coverage protects your income if you are unable to work for longer than the grace period following an illness, injury, disability or accident.
Keystone insurance provider in Ireland, leading staff accident, sickness and accident insurance and permanent insurance. For more information please visit www.keystone.ie