| |
Personal
Accident |
|
| 1) |
What is Personal Accident (P/A) Insurance? |
|
| |
This is a cover, which provides compensation
to the insured person for death or disablement due to an accident. |
|
| |
|
|
| 2) |
Can I take P/A cover? |
|
| |
Yes. If you are a permanent citizen of Sri Lanka and are between 18 - 60 years of age. |
|
| |
|
|
| 3) |
What is the maximum cover I can be entitled to? |
|
| |
This is based on your income. The maximum limit is 60 times your monthly income. |
|
| |
|
|
| 4) |
Is it a worldwide cover? |
|
| |
Yes. This can be extended to be applied during occasional foreign travel, anywhere in the world. |
|
| |
|
|
| 5) |
Can I take a policy on behalf of somebody else? |
|
| |
Yes, as long as you should have a valid legal relationship to the beneficiary.
(E.g. - husband/wife, father/son, employee/employer) |
|
| |
|
|
| 6) |
Does it cover Medical Expenses? |
|
| |
No. |
|
| |
|
|
| 7) |
What are the risks covered? |
|
| |
• Death
• Permanent Disablement
•
Permanent Total Disablement
•
Permanent Partial Disablement |
|
| |
|
|
| 8) |
What additional covers can I obtain? |
|
| |
Temporary Total Disablement, Temporary Partial Disablement, Riot and Strike, Terrorism and/or Motor Cycling covers can be obtained - at an additional cost. |
|
| |
|
|
| |
Workmen's Compensation |
|
| 1) |
What is Workmen's Compensation Insurance? |
|
| |
It provides indemnity to employers in respect to their liability to employees under the Workmen's Compensation Law(s) or under Common Law as a result of accidents or occupational diseases arising out of and in the course of employment, which cause death, injuries and suffering to employees. |
|
| |
|
|
| 2) |
Can I cover anybody working under me? |
|
| |
Yes. If you have legal liability to them, as an employer. |
|
| |
|
|
| 3) |
What is the claims settlement procedure? |
|
| |
Depending on the wage bracket there is a table of benefits (as provided by the Commissioner of Workmen's Compensation.) |
|
| |
|
|
| 4) |
What additional covers can I obtain? |
|
| |
Inclusion of first 3 days of Disablement, Riot and Strike, Terrorism, Travelling to and from the Office - at an additional cost. |
|
| |
|
|
| |
Burglary Insurance |
|
| |
For Business Premises |
|
| 1) |
What risks does Burglary Insurance
cover?
It covers loss and
damage by theft accompanied by forcible and violent entry
or exit of Business Premises. |
| |
|
| 2) |
What can be covered
under this?
Stock in trade and Work in progress, Machinery, Accessories,
Utensils and Tools of Trade, Office Furniture, Fixtures and
Fittings etc. |
| |
|
| 3) |
How do I arrive at
the Sum Insured?
• You can
insure on Full Value Basis or
•
On 1st Loss Value Basis
i.e You can declare the total value and insure Maximum Probable
Loss as a percentage of the Total Value. But the minimum Sum
Insured should not be less than Rs. 500,000/-.
Please
contact Eagle Insurance for further details |
|
|
| |
