Frequently Asked Questions - Accident Insurance
What is Accident Insurance?
Accident Insurance provides a benefit in the event that a Life Insured under the Policy either suffers an Accidental Death, or experiences one of the following injuries as a direct result of an Accident and within 12 months of that Accident – Quadriplegia, Paraplegia, Hemiplegia, Blindness, Deafness or Total and Permanent Loss of Use of Two Limbs.
How much Accident Protection cover can I apply for?
The minimum Benefit Amount is $50,000. The maximum Benefit Amount for a Life Insured under the Policy at the Commencement Date is $500,000. When you apply with a Partner Life Insured, you both apply for individual sums insured based on these limits.
What is the Children’s Insurance Option?
Children’s Insurance is an option which can be added to Accident Protection Insurance. Children’s Insurance provides a benefit in the event of Accidental Death, or injury or illness resulting in Paralysis, Blindness, Deafness, Total and Permanent Loss of Use of Two Limbs, Encephalitis, Meningitis or Major Head Trauma of an Insured Child under the Policy.
How much Children’s Insurance cover can I apply for?
You can apply for an Insurance Benefit Amount from$20,000 up to a maximum of $50,000 for each Insured Child under the Policy (in increments of $10,000).
How can I get cover?
Call 1300 45 5071 and Customer Service can give you more information about the range of products, answer any questions you may have, provide a quote and take your application over the phone - it’s as easy as that and you can be covered without delay.
Who is the insurer?
These Life, Funeral and Accident Policies are issued by Hannover Life Re of Australasia Ltd, ABN 37 062 395 484 of Level 7, 70 Phillip Street, Sydney NSW 2000.
Hannover Life Re of Australasia’s portfolio of life insurance business has been in force for over 40 years and consists of approximately $500 million dollars of annual premium. The company is part of the Hannover Re Group which is one of the world’s leading reinsurers. Its worldwide network consists of more than 100 subsidiaries, branch and representative offices in around 20 countries.
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