We are providing you with advice on whether the personal accident insurance plan is suitable for you. However you still need to decide whether the personal accident insurance plan is right for you. As with any type of accident insurance there are important features that you need to be aware of.

Personal Accident Insurance providing the best for your family is the essence of life. Personal accident Insurance assuring that their future is well protected is crucial as well. Having personal accident insurance coverage ensures that your family stays protected against unfortunate occurrences.

Below are the factors to consider when choosing personal accident plans.

1)   How much personal accident insurance should I buy?

• The most common method is to insure 5 to 10 years of your earnings. An average income earner earns S$30,000 – S$50,000 yearly, hence S$100,000 – S$300,000 coverage is ideal

2)   What Do I Need?

• Basic Benefits vs. Comprehensive Benefits

• Do I need to protect my dependents?

• Probability of Occurrence

3)   What does it Covers?

• Important to know the various exclusions among the different insurers

• Replacement income is one of the most crucial burden should you fail to work anymore even if you are an individual

4)   Cost vs. Benefits?

• How much can I afford to pay for sufficient coverage at a reasonable premium

• Different insurers charges different range of premiums for the coverage

5) Which one to select?No matter which choice you choose…

• We help to determine your' needs, affordability, occupation and risk of occurrence

• We help you to look for ideal budget to cover your core protection

• We provided a reasonable package with free cover for dependents

There are some situations that you are not covered for and some limitations on what will be paid out. This main exclusions and limitations are not usually listed in insurance policies as insurers think it obvious. If you have an accident, you can only claim if you have a physical injury due to accident.

Not all risks of accidents are insurable. Generally, a personal accident insurance plan excludes risks relating to those occurrences, which are not strictly accidental and are within the insured's control, such as hazardous activities, or those which arise from fundamental risks, such as war, terrorism and nuclear risks.

Summary of the typical exclusions and limitations of your personal accident insurance plan.

• The insured being under the influence of, or being affected by alcohol or intoxicating drugs (the exclusions of drugs may state that these are drugs other than those taken in accordance with treatment prescribed and directed by a qualified registered practitioner, but not for the treatment of drug addiction.

• Self-inflicted injury, suicide, disease or insanity by natural causes

• Physical defects which existed prior to an accident

• Pregnancy, childbirth, including caesarean operation, abortion, miscarriage, venereal disease, AIDS or AIDS related complex

• The insured's willful exposure to needless danger except in an attempt to save human life

• Any sport of life-threatening or considered dangerous thus increasing the risk of injury or death

• Engaging in any military service and operation, except for peacetime military training exercise for full-time national servicemen, military personnel and NSmen

• Motorcycling, including pillion riding

• Taking part in flying or other aerial activities, except as a fare-paying passenger in a licensed passenger carrying aircraft

• War and nuclear risks, whether direct or indirect

• Any act of nuclear, chemical or biological terrorism

• Criminal acts

Many personal accident insurance policies don't limit accidents to those happen worldwide. However many policies have age limits.