Personal Accident And Sickness Insurance
Biima
Protect YOURself and YOUR Family with Personal Sickness And Accident Insurance in Australia
Accidents and illnesses can strike unexpectedly, causing disruptions to YOUR life and placing financial strain on YOUR family. At BIIMA, we assist YOU in buying the most suitable personal accident and sickness insurance to safeguard YOU during such trying times.
Our experts have an understanding of the personal accident and illness insurance available in the market. It enables us to offer YOU the suitable advice. As YOUR personal insurance broker, we realise the gravity of the trying times and how these affect YOUR physical and mental well-being, even temporarily.
Even if YOU have substantial savings, personal accident and sickness insurance can aid YOU in maintaining the reserve while you’re off work. Depending on what cover YOU decide to purchase, the Policy can provide benefits for:
Accident:
- Accidental Death
- Capital Benefit(s) Cover
- Permanent Total Disablement
- Temporary Total Disablement
- Temporary Partial Disablement
- Broken Bone Benefit
Sickness:
- Temporary Total Disablement
- Temporary Partial Disablement
Payments:
This Policy can provide for three different types of payments:
- Lump Sum Benefits
- Weekly Benefits
- Broken Bone Benefits
EXCLUSIONS
Exclusions varies with the policy YOU decide to purchase.
Some of the exclusions are:
- War
- Terrorism
- Radioactivity
- Nuclear/Chemical/Biological Terrorism
- Certain excluded activities
- Air Travel (other than as a passenger)
- Professional Sport
- Suicide
- Intentional Self-Injury
- Exposure to exceptional danger
- Criminal Acts
- Alcohol or Drugs
- AIDS
- Pregnancy
- Childbirth
- Pre-Existing Conditions
Personal Accident And Sickness Insurance
Insurances
Insurances We Provide
At BIIMA, we bring YOU a full spectrum of insurance policies from leading market players to protect YOU, YOUR assets and YOUR business – manage risks and live with added peace of mind.
Why Choose Us for Assistance With Personal Accident and Sickness Insurance?
01
Tailored Solutions
Providing personalised insurance support for businesses and individuals since 2015.
02
Diverse Portfolio
A rich insurance portfolio – 85% commercial and 15% personal insurance.
03
Customer-First
We keep YOUR interest, YOUR need, and YOUR satisfaction at the CORE of our Insurance Solutions.
04
Multilingual Experts
We have a multilingual team, so language would never be a barrier to us.
Get a Personal Accident and Sickness Insurance and Discover Peace of Mind
Insurance by Industry
Industries We Cater
We assess risks and vulnerabilities inherent to YOUR industry and ensure YOU are covered where it matters the most. Whether YOU are a small enterprise or a large-scale business, access tailored insurance solutions with us. Diverse industries, ONE Insurance Broker firm!
Comprehensive Personal Accident and Sickness Insurance
As an insurance broker, we strive to provide YOU with comprehensive information about personal accident and sickness insurance that caters to YOUR unique needs. Our experienced team is committed to guiding YOU through the insurance process, ensuring YOU find the right coverage at the most competitive rates.
Understanding YOUR Needs
Every individual has distinct insurance requirements. Our expert brokers will assess YOUR needs and recommend tailored insurance options that provide the protection YOU deserve. Since we are specialist brokers capable of communicating in different languages, YOU can converse with us in the most comfortable dialect.
Negotiating the Best Rates
With over 9 years of experience, we can leverage our extensive network of insurance providers to secure competitive premiums for YOUR personal sickness and accident insurance in Australia. Our team negotiates on YOUR behalf, ensuring YOU get the maximum value for YOUR investment.
Streamlining the Insurance Process
Navigating the insurance landscape can be time-consuming and overwhelming. Therefore, we’re committed to simplifying the process for YOU. Our qualified team engages in continuous professional development programs to understand available insurance, saving YOU time and effort. From determining the best payment option to providing YOU with policy documents via mail, we handle all aspects of YOUR personal accident and sickness insurance in Australia.
Comprehensive Support
If YOU face an unfortunate event such as an accident or illness, our team provides unwavering support. We simplify the claims procedure, ensuring a smooth and efficient experience.
Unforeseen circumstances may occur. However, YOU can prevent these from disrupting YOUR life through customised personal accident and sickness insurance. Trust us for detailed information and assistance in purchasing the right coverage. Reach out to our friendly team for a free consultation and personalised quote.
Most Asked Queries
Frequently Asked Questions
How do personal sickness and accident insurance differ from workers' compensation?
Workers’ compensation and personal sickness and accident insurance are both types of insurance designed to provide financial protection in case of illness or injury. However, they differ significantly in their scope of coverage, eligibility, benefits, and premiums.
Workers’ compensation is primarily intended to cover injuries or illnesses that occur on the job or are related to one’s employment. It’s typically mandatory for employers in most jurisdictions, and coverage is provided to employees who suffer work-related injuries or illnesses. Benefits primarily include medical expenses, lost wages, and rehabilitation benefits.
On the other hand, personal sickness and accident insurance offers a wider range of coverage, encompassing both work-related and non-work-related illnesses and injuries. It’s a voluntary type of insurance that individuals can purchase, regardless of their employment status. Benefits can include lump sum payments for specific events like accidental death or disability, income replacement and medical expenses.
In terms of premiums, workers’ compensation premiums are typically paid by employers, while individuals pay personal sickness and accident insurance premiums.
What factors should I consider when choosing personal accident and sickness insurance in Australia?
When selecting personal sickness and accident insurance, consider these factors:
- Coverage limits: Ensure the policy provides adequate coverage, including medical expenses, income replacement, and potential lump sum payments.
- Waiting periods: Be aware of waiting periods before benefits become effective.
- Exclusions: Review any limitations or exclusions, such as pre-existing conditions or certain types of illnesses or injuries.
- Premiums: Compare premiums from different insurers.
- Insurer reputation: Research the insurer’s financial stability, customer service, and claims process.
How often should I review my personal sickness and accident insurance for self-employed?
It’s recommended that YOU review YOUR personal sickness and accident insurance annually because:
- Changing circumstances: YOUR life circumstances may change over time, such as changes in YOUR income, family size, or health status. These can impact YOUR insurance needs.
- Policy updates: Insurance companies may update their policies, introduce new features, change coverage limits, or modify terms and conditions. Regular reviews ensure You’re aware of any changes that may affect YOUR coverage.
- Cost-effectiveness: By reviewing YOUR policy annually, YOU can identify opportunities to save money. This might include adjusting YOUR coverage, taking advantage of discounts, or switching to a more affordable policy.
- Peace of mind: Knowing that YOUR insurance policy is up-to-date and meets YOUR current needs can provide YOU with peace of mind.
What are some common exclusions in personal sickness and accident insurance policies?
Many personal sickness and accident insurance policies have certain exclusions.
- Self-inflicted injuries: Most policies exclude injuries caused by intentional acts of self-harm.
- War and terrorism: Coverage may be limited or excluded for injuries or illnesses resulting from war, acts of terrorism, or civil unrest.
- Pre-existing conditions: Some insurers may have restrictions or exclusions for pre-existing conditions.
- Certain types of illnesses: Some policies may exclude coverage for specific illnesses or diseases, such as those related to substance abuse or mental health conditions.
- Occupational hazards: If YOUR job involves significant risks or dangers, YOUR coverage may be limited or excluded.
Are pre-existing medical conditions covered by personal accident and sickness insurance?
Pre-existing medical conditions are generally not covered by personal accident and sickness insurance. This means that if YOU have an existing health condition before purchasing the policy, it may not be covered in case of a related claim.
However, there are exceptions to this rule. Some insurance providers may offer limited coverage for pre-existing conditions, or they may have specific exclusions or waiting periods in place. It’s important to carefully review the terms and conditions of YOUR insurance policy to understand the coverage limitations related to pre-existing conditions.
If YOU have any concerns about pre-existing conditions and YOUR insurance coverage, we can provide personalised guidance based on YOUR specific circumstances.