Whilst most insurance policies are policies of indemnity, a Personal Accident Policy is not. It is a contract to pay a sum of money upon the happening of a specific event.

Individual Personal Accident – a policy bought by an individual in respect of his own life or the life of another person in whose life the proposer (you) has an insurable interest. i.e. a husband for his wife or children and vice versa.

Group Personal Accident Cover – a policy bought by an organization in respect of the lives of its members where there is a clearly apparent community of interest between members e.g.by an employer in respect of his employees or by a social club in respect of its members. The organization must usually have a genuine insurable interest in the persons covered and be capable of giving a valid discharge in the event of a claim.

ACCEPTANCE

To enable us provide cover for this class of insurance, you must prove to us the following:

1. Insurable Interest - Where insurance is required in respect of a person other than you (the proposer) then you must be in such a position that you will suffer pecuniary loss on the happening of the event insured against.
2. Moral Hazard – You must not be a moral hazard
3. Age limits – You or the people to be insured must be aged between 16 and 70 years.
4. Occupation – Your employment (occupation) - The exact nature of the work you are involved in paying particular attention to the use of tools or machinery. Descriptions such as "Building Trade," "Engineer", "Executive" "Company Director" require much further information.
5. Hazardous Sports and Pastimes – We need to know activities you get involved in besides your normal duties.
6. Loss Experience. Where possible please provide us with detailed figures of the losses/claims you have had particularly where a scheme has previously been insured. Split required between occupational and non- occupational accidents.
7. Cover based on occupational only or 24 hour cover
8. Your physical condition as an insured person is an important underwriting consideration (In the case of an amputated limb cover will be restricted to benefit for loss of both limbs to that for one only by endorsement. The same applies to blindness in one eye only)