Many Aussie tradies rely on their own two hands to get the job done. But accidents can and do happen, and there’s a real risk your hands won’t be doing much work if you’re injured or sick. Fortunately, Personal Accident & Illness (PA) insurance can cover you for loss of income if you can’t work due to injury or illness.
SEE ALSO: Tradie Tough Tests
It provides a weekly income benefit up to 85% of your salary up to maximum limits following an accidental injury or illness once signed off from work by a medical practitioner for a set amount of time. Sound too good to be true?
Take this example of an Aussie tradie who benefited from PA insurance:
Dodgy finger
A 22-year-old builder sustained a severe laceration to his finger while working. He had only started his business one month prior to sustaining the injury. Fortunately, his PA policy covered him, the insurer accepted the claim, and he was paid $1000 per week within three business days*.
The rugby game
Another great thing about PA insurance is it’s generally available regardless of whether you sustain the injury or develop an illness at your work. Take the example of a scaffolder who ruptured some ligaments during a social rugby game. He received a weekly benefit of $1600 per week during his recovery period and the insurer also worked with him on a rehabilitation plan which helped him return to work sooner*.
Get protected today!
Don’t wait until it’s too late. With an estimated monthly premium of $92.36 for trades and services through BizCover^, you’d be silly not to consider getting protected.