Personal Accident Insurance

If your income and livelihood rely on your physical wellbeing, then you should strongly consider taking out a Personal Accident and Sickness policy.

If you experience an accident or illness that prevents you from earning an income, Personal Accident and Illness cover can provide you with a weekly benefit to offset this loss of income and allow you to recover while keeping up with expenses and is typically available regardless of whether the injury or illness occurs during business hours.

Sadly, many sole traders do not have this cover and when time off work due to recovering from an injury occurs they have no way to earn an income, which puts their business and other assets in jeopardy.

A recent example is that we provided an Accident only policy to a mechanic (sole trader) for $1,500 per week for 52 weeks. This allows the mechanic to hire in another mechanic to cover the work if he is injured and needs to recuperate – his business can continue, and he can keep servicing his clients, so they do not go to his opposition and potentially lose them forever.

Policies can be tailored with many options and levels of cover to suit your circumstances.

Contact the team at Provide Insurance for all your insurance needs.