Work out accident cover payout instantly with clear inputs, formula shown and shareable results.
Personal accident policies pay by reference to a schedule: 100% of the sum insured for death or permanent total disablement, a listed percentage for each specified permanent partial loss, and a weekly benefit capped as a proportion of the sum insured for temporary disablement.
Permanent partial payout
Payout = Sum insured x Schedule percentage for the loss
Temporary disablement
Weekly benefit = 1% of sum insured, subject to an overall cap of 25%
Indicative estimate only. Fees, entitlements, limits and formulas vary by jurisdiction, statute, policy wording and the facts of the case. This is not legal, tax, insurance or financial advice — confirm with a qualified professional or the relevant authority.
From the policy's table of benefits — for example loss of one hand or one eye is commonly 50%, loss of a thumb 25%. They are fixed, not negotiable.
No. Personal accident policies respond only to bodily injury caused by an accident, which is why they are cheap relative to health cover.