Reward Accidental Injury Cover provides a benefit of up to $200,000 if the life insured suffers from any one of 10 specified injuries as a direct result of an accident including broken bones. This benefit is only available with either Reward Premium Life Cover or Reward Accidental Death Cover. To be eligible for this cover the life insured must be an Australian resident aged 18-65 years. Acceptance is guaranteed.
Reward Accidental Injury Cover is generally suitable for anyone wanting to protect themselves and/or their family from the loss of income and additional costs associated with recovering from an accidental injury.
Up to 2 adult family members can be insured under a Reward Accidental Injury Cover benefit.
Core Benefit Features
- Reward Accidental Injury Cover is an optional additional benefit only available with Reward Premium Life Cover and Reward Accidental Death Cover
- The life insured must be an Australian resident aged 18-65 years at policy commencement
- Age 75
- When the life insured’s Premium Life Cover or Accidental Death Cover ceases
- When a Reward Accidental Injury Cover 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 life insured suffers one of the following conditions as a direct result of an accident:
- Broken Bone*^
- Loss of Hearing
- Loss of Independent Existence
- Loss of 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
- $50,000 to $200,000
- May not exceed the Accidental Death Cover benefit amount
- Inflation Protection: automatic 5% annual benefit amount increase (may be declined)
- No medicals required
- Guaranteed issue
Impact on Other Cover:
- The payment of a Reward Accidental Injury Cover benefit will have the effect of automatically reducing the sum insured of the life insured’s Reward Premium Life Cover or Reward Accidental Death Cover benefit.
- self-inflicted injury
- criminial activity
- aerial activity
- motorised sport
- war or terrorism;
- alcohol or drugs
- specific occupational risks