Personal accident cover is an insurance policy that provides financial protection to an individual in case of an accident resulting in bodily injury, disability, or death.
The cover is ideal for individuals, students on internships, drivers, cooks or in any other professionals.
One of the leading insurance companies in Kenya that offer personal accident coverage is Xplico Insurance Company Limited. This article will discuss everything you need to know about personal accident coverage with Xplico Insurance Company Limited in Kenya.
What is personal accident cover?
Personal accident cover is an insurance policy that pays out a lump sum amount in case of the insured individual’s death or a specified amount in case of injuries or disability. This coverage is not limited to accidents that happen at work but covers accidents that occur in any location, including during leisure time.
What does Xplico Insurance Company Limited offer under personal accident cover?
Xplico Insurance Company Limited offers a comprehensive personal accident cover that provides the following benefits:
- Accidental death benefit: In the event of the insured individual’s death due to an accident, the policy pays a lump sum amount to the nominated beneficiaries.
- Permanent total disability benefit: This benefit is paid when the insured individual suffers permanent total disability due to an accident. The benefit amount is paid as a lump sum and is a percentage of the sum insured.
- Permanent partial disability benefit: If the insured individual suffers permanent partial disability due to an accident, the policy pays a percentage of the sum insured as a lump sum.
- Temporary total disability benefit: This benefit is paid when the insured individual is unable to work for a temporary period due to an accident.
- Medical expenses reimbursement: The policy covers medical expenses incurred due to an accident, including hospitalization, surgery, and other medical treatments.
- Funeral expenses: In the event of the insured individual’s death due to an accident, the policy pays for funeral expenses up to a specified limit.
What are the eligibility criteria for personal accident coverage with Xplico Insurance Company Limited?
To be eligible for personal accident coverage with Xplico Insurance Company Limited, the following criteria must be met:
- The applicant must be between 18 and 65 years old.
- The applicant must be a resident of Kenya.
- The policy must be taken out in the applicant’s name.
- The sum insured must be within the limits set by the insurer.
- The applicant must provide accurate and complete information when applying for the policy.
To apply for personal accident coverage with Xplico Insurance Company Limited, follow these steps:
- Visit the company’s website or one of its branches.
- Fill out the application form and provide all the necessary information.
- Choose the coverage period.
- Pay the premium amount.
- Wait for the policy to be processed and issued.
