Personal Accident & Illness Insurance
When an injury or illness prevents someone from working, the financial impact can quickly add up. Personal accident and illness insurance can provide financial support when it's needed most.
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1200+
Businesses covered
250+
Referral partners
98%
Retention rate
What is Personal Accident & Illness Insurance?
Personal accident and illness insurance can provide financial benefits when an insured person is unable to work because of certain injuries or illnesses.
Depending on the policy, cover can include weekly benefits for temporary disablement, lump-sum benefits for certain injuries and other associated benefits. Cover can be structured for individuals or groups depending on the circumstances.
Surety Risk Solutions takes the time to understand who needs to be covered, the work they perform and the financial protection required before helping you consider appropriate personal accident and illness insurance options.
Financial Protection When You Can't Work
An unexpected injury or illness can affect both an individual's income and the business that relies on them. Personal accident and illness insurance can provide defined financial benefits following certain insured events.
Weekly Benefits
Policies can provide weekly benefits when an insured person is temporarily unable to work because of an insured injury or illness, subject to applicable waiting and benefit periods.
Lump-Sum Benefits
Certain policies provide lump-sum benefits following specified serious injuries, permanent disablement or other insured events.
Accident & Illness
Depending on the policy selected, protection may be available for both accidental injury and illness, with the scope of cover varying between insurers.
24-Hour or Defined Cover
Cover may apply 24 hours a day or be limited to working hours, specified activities or journeys, depending on how the policy is structured.
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Flexible Cover for Individuals & Groups
Personal accident and illness insurance can be structured for different people and organisations, particularly where an injury or illness could create a significant financial impact.
Business Owners
For business owners whose ability to earn an income or operate their business depends heavily on their capacity to work.
Contractors & Self-Employed
For contractors and self-employed people who may need financial protection if an injury or illness prevents them from working.
Employees & Groups
Cover can be structured for defined groups of employees or other people where an organisation wants to provide specified accident or illness benefits.
Associations & Volunteers
Policies may be available for associations, members, volunteers and other defined groups requiring protection while undertaking specified activities.
Let's Start the Conversation.
Whether you're a business looking for commercial insurance or an adviser looking to broaden what you offer, the first step is the same. Tell us a little about the situation and we'll put you with the right specialist.
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A Clearer Approach to Personal Accident & Illness Insurance
The right cover depends on who needs protection, their income and activities, and how long they could manage financially if they were unable to work.
01. Understand Who Needs Cover
We start by understanding the people to be insured, their occupations, activities and whether individual or group cover is required.
02. Consider the Financial Exposure
We consider income, ongoing financial commitments and the potential impact of being unable to work when discussing appropriate benefit levels.
03. Approach the Insurance Market
Surety Risk Solutions approaches suitable insurers and underwriting agencies and considers available benefits, waiting periods, benefit periods, limits and conditions.
04. Explain Your Options
We explain how the available policies work, including when benefits may apply and important limitations, so you can make an informed decision.
Why Surety Risk Solutions?
Personal accident and illness insurance isn't one-size-fits-all. We help you understand the available options and how different policy structures may affect the protection provided.
We Start With Your Circumstances
We look at who needs protection, what they do and the financial impact if they are unable to work before considering insurance options.
We Understand Different Structures
Individual, group, working-hours and 24-hour policies can operate differently. We help you understand which structure may be appropriate for your circumstances.
Advice in Plain English
Waiting periods, benefit periods, limits and definitions can materially affect the cover. We explain these features so you can better understand what you're considering.
Support When You Need to Claim
If an insured person needs to make a claim, we can assist with the process, help identify the information required and work with the insurer as the claim progresses.
Your Questions, Answered
Understanding your insurance options can feel complex. Explore answers to some frequently asked questions about cover, costs and what to expect when arranging insurance with Surety Risk Solutions.
What is personal accident and illness insurance?
Personal accident and illness insurance can provide financial benefits when an insured person is unable to work because of certain injuries or illnesses. Cover can be structured for individuals or groups depending on the circumstances.
What does personal accident and illness insurance cover?
Depending on the policy, cover can include weekly benefits for temporary disablement, lump-sum benefits for certain injuries and other associated benefits. Illness cover may be available depending on the policy selected.
Who can be covered by personal accident and illness insurance?
Cover can potentially be arranged for business owners, employees, contractors, volunteers, association members and other defined groups. The appropriate structure depends on who needs protection and the nature of their activities.
Can personal accident insurance cover injuries that occur outside work?
Some policies provide 24-hour cover, while others are limited to working hours, specified activities or journeys. It's important to understand when the policy applies.
Does personal accident and illness insurance provide weekly benefits?
Many policies can provide weekly benefits when an insured person is temporarily unable to work due to an insured injury or illness. Benefit amounts, waiting periods and payment periods will depend on the policy.
What is the difference between personal accident insurance and workers compensation?
Workers compensation is a statutory insurance system covering eligible work-related injuries and illnesses. Personal accident insurance is a separate type of cover and may apply in circumstances where workers compensation does not, depending on the policy and the person's employment status.
What is the difference between personal accident and income protection insurance?
Both can provide financial support when someone cannot work, but they are structured differently. Income protection is generally an individual life insurance product, while personal accident and illness policies are general insurance products that provide defined benefits subject to their terms and conditions.
How much personal accident and illness cover should I consider?
Consider the person's income, ongoing financial commitments and how long they could manage without earning their usual income. Benefit limits and maximum percentages of income may apply, so the appropriate amount will depend on the individual circumstances.
Still have questions?
Every situation is different, and you may need guidance specific to your circumstances. Speak with Surety Risk Solutions for clear, practical answers and help exploring suitable insurance options.
Let's Start the Conversation.
Whether you're a business looking for commercial insurance or an adviser looking to broaden what you offer, the first step is the same. Tell us a little about the situation and we'll put you with the right specialist.