In today’s hustle and bustle of a busy lifestyle, often we are pushed to neglect our health and welfare to a point where our personal health and safety is being taken for granted.
Have you considered what would really happen if you ever sustained serious injuries in an accident or suddenly became sick? Would you be financially stable to continue paying your expenses and maintaining your lifestyle? Your bills and other expenses would not simply stop if this happens.
Learn how EWIB can help you
While we can’t predict when an accident will occur, with an individual personal accident & sickness insurance policy you would be insured for up to 75%-85% of your income and in some cases, you can also insure some fixed business expenses.
Having an individual personal accident & sickness insurance policy in place will provide you with that extra layer of protection that you and your family deserve. The alternative could mean you may need to dip into your personal savings or superannuation. If you are running a business, the impact of not being able to work may also put extreme pressure on profit, future growth, finances, and viability.
At East West Insurance Brokers, we work with you to provide a tailored individual personal accident & sickness insurance policy most suited to you. We will also support and assist you, in the event of an accident.
Why Is Individual Personal Accident & Sickness Insurance Important?
Accidents can happen to anyone unexpectantly at any time. Hence, it’s extremely important to ensure that you’re financially insured should the unthinkable happen. An example of a claim on how individual personal accident & sickness insurance can be beneficial took place when one of our clients went on a holiday and had an accident while snowboarding. The accident left him with a torn ligament in his knee. As a result, he had to undergo a full knee reconstruction and was off work for almost 9 months.
Fortunately for him, he could rest easy knowing that his individual personal accident & sickness insurance policy would pay him monthly benefits from the day of his accident. This monthly income allowed him to meet his ongoing mortgage commitments, as well as cover his general living expenses.
He was then able to concentrate on his rehabilitation and not worry too much about his finances during the length of the claim.
Our brokers have the professional expertise to guide you through the available options on individual personal accident & sickness insurance and can help you find the best solution most suited to your line of work.