Singapore

Personal Accident

Help ease your financial burden should you be injured or disabled as a result of an accident

Accidents can happen to anyone at any time — most are minor, while some can be serious. However, even a minor accident and a trip to the emergency room can be costly. Or you might be unfortunate enough to suffer a serious injury which could cause you to lose a limb, or be permanently disabled and unable to return to work. In the event of death caused by an accident, the financial consequences for your loved ones could be devastating.

A personal accident plan provides you with a lump sum cash payout, helping you and your family cope with the financial burden should any of these unfortunate events happen. Accident plans tend to be very affordable. If you have a limited budget, it is recommended that you at least try to ensure that you and your family are covered in case of accidents.

Do you have enough cash to provide for yourself and your family for the next 10 years if you have an accident and lose your income?

Accidents can happen at any time. And if you were to suffer a serious injury, the financial consequences on you and your family may be devastating. Without adequate protection, you may find it difficult to finance your hospital costs and medical treatments.

AIA Prime Assured gives you the protection 24 hours a day, 365 days a year, anywhere in the world with:

  • Permanent Disability Benefit up to S$75,000^ due to an accident which will be doubled in the event of an accident on a public conveyance.
  • A Lump sum up to S$60,000* payable for Loss of Activities of Daily Living due to an accident.
  • Daily Accident Hospital Income Benefit up to S$150* for maximum of 365 days when you are hospitalised due to an accident.
  • Post-hospitalisation Home Care lump sum payout up to S$1,200*.
  • Reimbursement of the reasonable and customary cost for medical treatment by a Chinese Bonesetter or Acupuncturist, cost of mobility aid equipment and ambulance service due to an accident up to the insured amount.
  • A Lump sum payout up to S$3,000* on diagnosis of Alzheimer's or Parkinson's Disease

*Based on the Insured Amount for Plan 3
^Based on maximum of 150% of Insured Amount for Permanent Disability Benefit

Important Notes:

This insurance plan is underwritten by AIA Singapore Private Limited (AIA). All insurance applications are subject to AIA’s underwriting and acceptance.

The above is a simplified description of the product features. This is not a contract of insurance. The precise terms and conditions of the policy, including exclusions whereby the benefits under your policy may not be paid out, are specified in the policy contract. You are advised to read the policy contract.

You are discouraged from switching from an existing accident and/or health insurance policy to a new one without considering whether the switch is detrimental, as there may be potential disadvantages with switching. A penalty may be imposed for early policy termination and the new policy may cost more or have less benefits at the same cost.

The information stated is correct at October 2008.

AIA Prime Assured provides you with a range of benefits:

Plan Benefits
  Insured Amount (S$)
Benefits Plan 1 Plan 2 Plan 3
1. Compassionate Accidental Death Benefit 5,000 5,000 5,000
2. Broken Bones and Burns Benefit 10,000 15,000 30,000
3. Permanent Disability Benefit 20,000 30,000 50,000
4. Double Permanent Disability on Public Conveyance Benefit 40,000 60,000 100,000
5. Loss of Activities of Daily Living Benefit 20,000 30,000 60,000
6. Accident Medical Reimbursement Benefit 500 1,000 1,500
7. Daily Accident Hospital Income Benefit 50 per day 100 per day 150 per day
8. Post-hospitalisation Home Care Benefit 800 1,000 1,200
9. Mobility Aid Benefit 250 500 750
10. Ambulance Service Benefit 200 200 200
11. Alzheimer's or Parkinson's Disease Benefit 1,000 2,000 3,000
Premiums (S$) (inclusive of 7% GST) Once a year 198.00 298.35 448.78
Twice a year 102.96 155.14 233.36
Once a month 17.21 25.95 39.06

The insured amount for all benefits will be reduced by 50% from the policy anniversary following your 81st birthday.

Please refer to the Policy contract for the various payment schedules

Enhancing your protection
With AIA Prime Assured, you are assured of comprehensive protection should you have an accident anywhere in the world. Depending on your circumstances and those of your loved ones, you may wish to talk to your AIA Financial Services Consultant about complementing AIA Prime Assured with additional AIA products that cover:

  • medical expenses
  • hospital and surgical expenses
  • critical illnesses

Important Notes:

This insurance plan is underwritten by AIA Singapore Private Limited (AIA). All insurance applications are subject to AIA’s underwriting and acceptance.

The above is a simplified description of the product features. This is not a contract of insurance. The precise terms and conditions of the policy, including exclusions whereby the benefits under your policy may not be paid out, are specified in the policy contract. You are advised to read the policy contract.

You are discouraged from switching from an existing accident and/or health insurance policy to a new one without considering whether the switch is detrimental, as there may be potential disadvantages with switching. A penalty may be imposed for early policy termination and the new policy may cost more or have less benefits at the same cost.

The information stated is correct at October 2008.