Whilst none of us like to contemplate it, the fact is that accidents claim a large number of lives each week in Australia. Accidental Death Cover provides a lump sum payment of up to $500,000 on the death of the insured person. This payment can be used for any purpose including helping your family to meet day-to-day costs such as mortgage or car repayments and living expenses.
To be eligible for Accidental Death Cover the insured person must simply be an Australian resident aged 70 or under. You can insure up to 8 family members and pay just one low flat rate regardless of age or gender. With Accidental Death Cover you can extend your protection to include Accidental Injury Cover which pays a benefit if you suffer any one of ten serious injuries as a direct result of an accident including a partial benefit for specified broken bones.