Basic Personal Accident Insurance

Description

Basic Personal Accident Insurance of Ascendra International is a personal accident insurance product sold through Ascendra International (a distributor/aggregator of non-life insurance plans in the Philippines). It’s designed to give you financial protection if you get injured, hospitalized, permanently disabled, or die because of an accident. Ascendra itself is not the insurer — the actual policy is underwritten by a licensed insurance company (e.g., Sterling Insurance), and Ascendra acts as the distributor.

📌 Key Features of Basic Personal Accident Insurance

Here’s what the Basic Personal Accident plan typically covers for one year after purchase:

🔹 Main Accident Benefits

• Accidental Death – A lump-sum payout (e.g., ₱750,000) if the insured dies due to an accident.

• Accidental Permanent Disability – A payout (e.g., ₱750,000) if an accident results in permanent disability like loss of limbs or sight.

• Accidental Burial Expenses – A smaller benefit (e.g., ₱25,000) toward funeral costs.

🏍️ Motorcycle Accident Coverage

• Covers accidents while riding a motorcycle — often a specific amount (e.g., ₱250,000) even though motorcycles are considered higher risk.

🏥 Medical & Hospital Benefits

• Accident Medical Reimbursement – Reimbursement of actual medical expenses up to a cap (e.g., ₱50,000).

• Daily Hospital Income – A daily cash benefit (e.g., ₱500 per day for up to 10 days) if hospitalized due to an accident.

🧑‍⚖️ Additional Benefits

• Unprovoked Murder & Assault Coverage – A payout (e.g., ₱125,000) if you’re injured or killed in an unprovoked assault.

• 24/7 Tele-consultation – Access to unlimited virtual medical consultations with doctors anytime.

💸 Cost and Delivery

• The premium (price you pay) for this plan is typically around ₱3,500 per year.

• After purchase, you usually receive your official policy document by email.

🧠 What Personal Accident Insurance Is

In general, a personal accident insurance policy provides financial support when injury, disability, or death results from an accident, not illness or natural causes. Benefits are usually lump-sum or reimbursements to help with bills, lost income, or unexpected costs after an accident.

📝 Notes About Ascendra

• Ascendra International is not itself an insurance company — it partners with licensed insurers to offer products.

• The insurance is usually sold as part of Ascendra’s product offerings and sometimes included in sales/enrollment packages.