Personal Accident Insurance

National Personal Accident Policy

The Personal Accident policy has two sections :

1.     Weekly Benefits
2.     Capital Benefits

Weekly accident benefits

Benefits are 100% of pre-disability earnings to a maximum of $500 per week for 52 weeks. This cover is a 24 hour/365 day cover for injuries lasting more than seven days.

The personal accident payment supplements workers’ compensation up to 100% of your average weekly earnings. Injuries for which workers’ compensation is not payable are covered up to $500 per week.

Total disablement means the insured person is wholly and continuously prevented from engaging in their usual occupation, profession, business or employment and is under regular care and acting in accordance with instructions or professional advice from a qualified medical practitioner.

  • Maximum $500 weekly benefits
  • 52 week benefit period
  • 24hr / 365 day cover
  • Nil Excess Period for claims in excess of 7 days

Accidental death & capital benefits

Capital Sum Insured

1. Permanent Total Disablement $350,000
2. Career Ending Injury Up to $125,000*

*Please refer sliding scale of benefits in the policy schedule.

This refers to a lump sum payment of up to $350,000, depending on the injury as per the table of conditions.  Please refer to the policy schedule and wording.

Where you’re a full-time jockey, permanent disablement means disablement as a result of injury that entirely prevents you from:

  1. being a jockey; and
  2. performing any horse racing occupation.

Where you’re a part-time jockey, permanent disablement means disablement as a result of injury that entirely prevents you from:

  • being a jockey; and
  • carrying out your secondary occupation; and
  • performing any horse racing occupation.

Total Disablement does not mean career-ending injury.

Career-ending injury means permanent disablement as a result of injury that entirely prevents you from carrying out your occupation as a jockey.

Career-ending injury does not mean total disablement.

DOWNLOADS

Personal Accident – Group Policy Wording
Personal Accident Insurance Program – Schedule