MSIG Insurance launches personal accident plan with essential, recovery support

It offers payout and support in the event of accidental death or permanent disability.

MSIG Insurance has unveiled a new personal accident plan that offers 360-degree protection with coverage spanning essential, recovery support, and lifestyle support benefits.

PA RecoveryPlus pays out in the event of accidental death or permanent disability and covers essential benefits such as daily hospital income and reimbursement for medical investments.

The plan also includes recovery support and lifestyle support benefits:

• Home and Car Modification Expenses: Up to $10,000 for home or car modifications including purchase of homecare equipment in the event of permanent disability.
• Home Nursing and Domestic Support Fund: Up to $3,000 cash after discharge from hospital to help defray the cost of services required during recuperation such as nursing treatment at home, meal delivery, laundry service and hiring of temporary domestic help.
• Cosmetic Procedure Expenses: Up to $3,000 to relieve financial stress if cosmetic procedures for face and neck are required after an accident.
• Permanent Caregiver Grant: Up to $1,000 to cover agency fees for hiring a caregiver or domestic helper because of permanent disability.
• Petcare Allowance: Up to $1,200 to cover the cost of hiring an animal professional to care for your pet during your hospitalisation.
• Fitness and Sports Membership Fees: Up to $300 for unused fitness and sports memberships or facility charges while you are recuperating.

There are three tiers of benefits under PA RecoveryPlus plan with premiums starting from $225.09 annually or at $19.19 a month.

Customers can also opt to increase the sums insured for accidental death and permanent disability.

PA RecoveryPlus is available for online purchase.