Children’s Accidental Injury Cover provides a benefit if the insured child suffers any one of 9 specified injuries as a direct result of an accident including broken bones. This benefit is only available if the insured child also has Children’s Accidental Death Cover. To be eligible for this cover the insured child must be an Australian resident aged 0-17 years. Acceptance is guaranteed.
We understand that when a child suffers a serious accidental injury, families can experience significant financial burden due to the loss of income of one or both parents as well as having additional expenses such as medical bills and rehabilitation costs. Children’s Accidental Injury Cover provides a lump sum payment to assist families with these costs.
Up to 6 child family members can be insured under a Children’s Accidental Injury Cover benefit.
Core Benefit Features
- The child must be a life insured under a Children’s Accidental Death Cover benefit
- The insured child must be an Australian resident aged 0-17 years at policy commencement
- Age 18
- When the child’s Children’s Accidental Death Cover ceases
- When A Children’s Accidental Injury benefit is paid (other than broken bones)
This is a once only (other than for broken bones) lump sum benefit which is payable if the child insured suffers one of the following conditions as a direct result of an accident:
- Broken Bone*^
- Loss of Hearing
- Loss of Speech
- Loss of Use of Limbs
- Major Head Trauma
*3 month exclusion applies
^ Pays a maximum of 10% of the benefit amount–up to a maximum of 3 claims
- Equal to Children’s Accidental Death Cover amount ($10,000- $25,000)
- Inflation Protection: automatic 5% annual benefit amount increase (may be declined)
- No medicals or health questions
- Guaranteed Issue
Impact on Other Cover
- The payment of a Children’s Accidental Injury Cover benefit will have the effect of automatically reducing the sum insured of the child’s Children’s Accidental Death Cover benefit to nil.
- self-inflicted injury
- aerial activity
- motorised sport
- war or terrorism
- alcohol or drugs
- intentional act of carer