“Accidental death and injury cover offer policyholders financial support; it is not meant to replace a medical scheme,” said Sonja Visser, the chief executive of life insurance provider African Unity Life. “Rather, it is to help accident victims or their loved ones deal with the costs associated with the incapacitation or death of the policyholder due to an accident.”
Accidental death and injury cover can be added to a life policy.
A personal accident policy provides cover if the insured is injured and admitted to hospital or is left disabled and/or dies after an accident.
Policyholders should familiarise themselves with events that this insurance does not cover: self-inflicted injury; injury due to mental disability; hospitalisation, disablement or death due to a hazardous pursuit; hospitalisation, disablement or death due to alcohol or drug abuse; non-accident-related hospitalisation; death and disablement due to an accident or injury that occurred before the policy commenced; and suicide.