photo credit: fesek
For bikers, personal accident cover offers additional peace of mind to both rider and loved ones, in the event of an accident. The harsh reality is that road users on motorcycles or scooters have a higher accident rate than those driving cards – and the risks for a biker are significantly greater in the event of an accident. This means that extra cover for accidents is a worthwhile investment.
Personal accident cover gives additional protection for accidents resulting in permanent sight loss, loss of limb/s, speech or hearing loss and any permanent disablements. Additionally, in the event of accidental death whilst biking, the cover would pay a lump sum to your estate, helping your family financially if the worst came to the worst. The sums vary according to the accident or injury received and the type of policy you have in place. Paying more for your personal accident cover is likely to result in higher compensation sums in the event of a claim, but it`s worth researching carefully to see which policy provider matches your individual needs best.
The same cover can also be used to ease financial burdens arising from motorcycle accident, which prevents the rider from working. Again, this lump sum can ease the recovery process, until the rider is ready to return to work, for example to pay for a wheelchair or home / car adapation, to pay for nursing care, to cover everyday expenses or to cover loans, bills and childcare costs. Many people find that when they have an accident, their corporate sickness policy doesn`t adequately cover their needs, or that government support is insufficient for those who are self employed or out of work.
This enhanced personal accident cover package covers more than regular motorcycle insurance policies, including road traffic accidents which are the principal`s fault. They also offer worldwide protection if you bike overseas. The insurance also offers the benefit of flexibility – each policy is tailored to the applicant and no medical examination is required. The policy can usually be added onto a regular motorcycle insurance policy and be paid for in either installments, or a lump sum.
Regular insurance policies won`t necessary offer the same amount or type of cover in the event of a motorcyle accident, particularly if the principal was at fault. This can lead to financial distress or difficulty during any recuperation period, or later disablement following a road accident.
As with any type of insurance policy, insurance price search or comparison for financial products such as a loan for bad credit it`s well worth looking online and doing a search on a price comparison website for the products that best suit your circumstances. As with all insurance policies, motorcycle insurance and motorcycle personal accident cover will be offered at different prices, with different terms and conditions between providers. It`s worth paying a little extra to get the right amount of cover to protect you and your family in the event of an accident and spreading the payment out by direct debit can help make your insurance premium payments more affordable, rather than paying out an initial lump sum.
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