Understanding Personal Accident Claims
While the exact coverage offered under a Personal Accident policy in Hong Kong will vary dependent on the insurance company you choose to purchase a plan from, the above injuries will typically receive reimbursement through the policy. Additionally, it is important to note that not only are you protected against your risk of injuries after accidents in Hong Kong, but also around the world. This means that even if you get into an accident whilst overseas which results in an injury to your person, your Hong Kong Personal Accident plan will be able to provide the coverage you require.
The settlement provided to an individual who has suffered an accident leading to loss of hearing in a single ear will be less than the settlement provided to an individual who has suffered permanent disablement of an arm (loss of limb). However, both of these settlements will be lower than that which is provided to the beneficiaries of an individual who has died due to an accident.
In simple terms, the more serious the injury or disablement of the policyholder the higher the lump sum payment they will receive.
In some cases, CCW Global can provide Hong Kong Personal Accident policy options which will also offer coverage for lifestyle and medical needs of the individual following the incident which left them injured. Expenses including Domestic Service assistance, Home Adaptation requirements, and even Retraining expenses for the insured to learn a new occupation may be offered depending on the policy you choose to obtain.