High
Limit Personal Accident Insurance
The high limit Personal
Accident insurance plan is available for
both groups and individuals. The binder limit
is $3.5 Million and the home office can provide
automatic approval up to a $500,000 limit
if all underwriting criteria is met. Higher
limits can even be provided on full submissions.
Furthermore, all nationalities can qualify
but only Class I and similar occupations.
Most locations are covered; however, like
always there are some that are excluded due
to the higher risk conditions in that area.
- Death benefit
- Dismemberment schedule
- Permanent Total Disability
- Temporary Total Disability
Note : Disability options can include Illness
as well
Personal Accident is an excellent add-on
to life insurance coverage, and also works
well as a lump sum disability benefit or
as a stand-alone basis for business travelers.
Thus in addition to current GBG/TieCare clients,
the target markets would included local,
high net worth individuals and of course
expatriate workers or travelers.
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