What is it?
Personal accident and illness insurance is meant for sole traders and individual contractors as when they get in an unforeseen accident or sickness that requires time to recover, this insurance can help cover their losses and also compensate them for the amount they are losing in the process of recovery. It is similar to but different from the income protection insurance provided by Life insurance companies.
Designed to protect individual contractors and sole traders from bearing extreme losses.
Do you really need it?
Being an individual worker and getting sick or injured while working can mean huge losses for you. The personal accident and illness insurance helps cover the costs for the same and also help you get the financial help you need while you are recovering. You can choose to take illness only or accident only or a combination of both for maximum protection.
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Discover our Comprehensive Insurance Coverage for all your Business needs. Business Insurance Canberra offer tailored insurance solutions for your business.