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Do you need personal accident and sickness insurance ? - Nobody likes having accidents or falling ill. But when these things happen you could potentially face loss of income from not being able to work. Click here for more information . . .

Nobody likes having accidents or falling ill.  But when these things happen you could potentially face loss of income from not being able to work. 

That’s why it’s important to have insurance.  This type of insurance is generally linked to mortgages and pays out if you are unable to work because of an illness or an accident.  Buying a personal accident and injury insurance policy might be a relatively simple but deciding which is the right policy for you can be more complex.

Do you really need this kind of insurance?
When considering the purchase of accident and sickness insurance you will need to think about your potential loss of income as well as other factors and compare that with the cost of the premium. If you play any form of sports or you are self employed this should be a insurance policy you may wish to consider to protect your income. 

The insurer will take into account your current health, sex and age, all of which will affect the premiums you will have to pay.  It’s possible that in some cases severe or chronic illnesses can mean you won’t be able to find suitable and affordable insurance.  Although insurers are not allowed to discriminate against you on any but the clearest medical grounds.

Many, if not all insurers offer accident and sickness policies and choosing the right one for your circumstances is important.  Remember to consider the following points:

• How much can you afford?  Remember to balance this against the level of cover you need· 
• Use the expertise of your insurance broker and ask them obtain quoted from a number of insurers.  You many want to discuss with a financial advisor as well.
• As with most suppliers, review the service standards of the short-listed insurers.
• Don’t forget claims procedures.  Once you decide how much to pay and what cover you want, consider the insurer’s claims procedures and the time they take to pay.
• Remember you are responsible for disclosing all material facts about any medical conditions you may suffer or have suffered from.  The law in England often rules in favour of insurer if there is doubt about the information submitted at policy inception.

There is a simple solution - click here to send an email or call Simple Insurance Solutions on 023 8038 6611 to discuss your indivual needs.