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number2<\/title> <path d=\"M16 3c-7.18 0-13 5.82-13 13s5.82 13 13 13 13-5.82 13-13-5.82-13-13-13zM17.757 22.536h-2.469v-9.305c-0.901 0.841-1.964 1.463-3.188 1.867v-2.234c0.644-0.211 1.344-0.612 2.099-1.202s1.273-1.278 1.555-2.064h2.003v12.938z\"><\/path> <\/svg><\/span><span class=\"gb-headline-text\">Quick Phone Call<\/span><\/h4>\n\n\n\n<p class=\"has-text-align-center\">No Forms to Complete \u2013 We do that for you<\/p>\n\n<\/div><\/div><\/div>\n\n<div class=\"gb-grid-column gb-grid-column-837a814d\"><div class=\"gb-container gb-container-837a814d shadow\"><div class=\"gb-inside-container\">\n\n<h4 class=\"gb-headline gb-headline-2250bd22\"><span class=\"gb-icon\"><svg height=\"32\" viewBox=\"0 0 32 32\" width=\"32\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"m16 3c-7.18 0-13 5.82-13 13s5.82 13 13 13 13-5.82 13-13-5.82-13-13-13zm4.342 17.426v2.297h-8.656c.093-.867.374-1.688.843-2.465.468-.776 1.393-1.807 2.774-3.09 1.111-1.037 1.793-1.74 2.045-2.109.34-.51.51-1.014.51-1.512 0-.551-.147-.975-.441-1.271s-.7-.444-1.219-.444c-.512 0-.92.156-1.223.467s-.478.827-.523 1.549l-2.469-.247c.146-1.359.605-2.335 1.378-2.928s1.739-.888 2.898-.888c1.27 0 2.268.343 2.994 1.028s1.089 1.538 1.089 2.557c0 .58-.104 1.132-.312 1.656s-.537 1.074-.988 1.647c-.299.38-.839.929-1.621 1.644-.781.714-1.276 1.188-1.484 1.422s-.376.463-.505.686h4.91z\"><\/path><\/svg><\/span><span class=\"gb-headline-text\">Get Your Options<\/span><\/h4>\n\n\n\n<p class=\"has-text-align-center\">We do the heavy lifting of finding the right insurance for you<\/p>\n\n<\/div><\/div><\/div>\n\n<div class=\"gb-grid-column gb-grid-column-c0411a6b\"><div class=\"gb-container gb-container-c0411a6b shadow\"><div class=\"gb-inside-container\">\n\n<h4 class=\"gb-headline gb-headline-5c7ae770\"><span class=\"gb-icon\"><svg version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"32\" height=\"32\" viewBox=\"0 0 32 32\"> <title>number<\/title> <path d=\"M16 3c-7.18 0-13 5.82-13 13s5.82 13 13 13 13-5.82 13-13-5.82-13-13-13zM18.995 21.357c-0.826 0.797-1.854 1.194-3.086 1.194-1.166 0-2.133-0.335-2.9-1.005-0.769-0.67-1.214-1.545-1.337-2.627l2.391-0.289c0.076 0.607 0.281 1.071 0.616 1.393 0.333 0.321 0.738 0.482 1.213 0.482 0.51 0 0.939-0.194 1.289-0.582 0.348-0.387 0.522-0.909 0.522-1.566 0-0.621-0.167-1.115-0.501-1.479-0.335-0.364-0.742-0.545-1.223-0.545-0.317 0-0.695 0.062-1.136 0.184l0.272-1.997c0.668 0.018 1.178-0.127 1.529-0.434s0.526-0.715 0.526-1.224c0-0.433-0.128-0.777-0.385-1.035-0.258-0.257-0.599-0.386-1.025-0.386-0.421 0-0.779 0.146-1.077 0.438s-0.479 0.72-0.544 1.281l-2.281-0.386c0.158-0.782 0.397-1.407 0.717-1.875s0.765-0.835 1.336-1.103 1.212-0.401 1.921-0.401c1.213 0 2.186 0.387 2.918 1.161 0.604 0.633 0.905 1.348 0.905 2.145 0 1.131-0.619 2.034-1.858 2.708 0.739 0.158 1.33 0.513 1.772 1.063 0.443 0.551 0.664 1.215 0.664 1.994 0.001 1.132-0.412 2.095-1.238 2.891z\"><\/path> <\/svg><\/span><span class=\"gb-headline-text\">Pay And You Are Done<\/span><\/h4>\n\n\n\n<p class=\"has-text-align-center\">Monthly or Annual Payment Options<\/p>\n\n<\/div><\/div><\/div>\n<\/div>\n\n<div class=\"gb-button-wrapper gb-button-wrapper-7f79fe03\">\n\n<a class=\"gb-button gb-button-61bb8eb9 gb-button-text\" href=\"tel:+611300190535\">Call 1300 190 535<\/a>\n\n<\/div>\n<\/div><\/section>\n\n<section class=\"gb-container gb-container-b460223b\"><div class=\"gb-inside-container\">\n\n<h2 class=\"gb-headline gb-headline-cc52a995\"><span class=\"ez-toc-section\" id=\"Frequently-Asked-Questions-FAQ\"><\/span><span class=\"gb-icon\"><svg aria-hidden=\"true\" height=\"1em\" width=\"1em\" viewBox=\"0 0 576 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path fill=\"currentColor\" d=\"M576 240c0-23.63-12.95-44.04-32-55.12V32.01C544 23.26 537.02 0 512 0c-7.12 0-14.19 2.38-19.98 7.02l-85.03 68.03C364.28 109.19 310.66 128 256 128H64c-35.35 0-64 28.65-64 64v96c0 35.35 28.65 64 64 64h33.7c-1.39 10.48-2.18 21.14-2.18 32 0 39.77 9.26 77.35 25.56 110.94 5.19 10.69 16.52 17.06 28.4 17.06h74.28c26.05 0 41.69-29.84 25.9-50.56-16.4-21.52-26.15-48.36-26.15-77.44 0-11.11 1.62-21.79 4.41-32H256c54.66 0 108.28 18.81 150.98 52.95l85.03 68.03a32.023 32.023 0 0 0 19.98 7.02c24.92 0 32-22.78 32-32V295.13C563.05 284.04 576 263.63 576 240zm-96 141.42l-33.05-26.44C392.95 311.78 325.12 288 256 288v-96c69.12 0 136.95-23.78 190.95-66.98L480 98.58v282.84z\"><\/path><\/svg><\/span><span class=\"gb-headline-text\">Frequently Asked Questions (FAQ)<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"rm-faq-4f4d0df33bdfa4f67525dcdd1e7095d5\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"What-is-Personal-Accident-Insurance\"><\/span>What is Personal Accident Insurance?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Personal Accident Insurance provides cover for your weekly salary if you suffer an accidental injury or sickness (optionally) that results in you being unable to work. In simple terms, it replaces your income if you are unable to attend your occupation.<\/p>\n<p>Some events that can be covered by Personal Accident Insurance are:<br \/> – temporary total or temporary partial disablement as a result of accident or sickness<br \/> – accidental death<br \/> – accidental permanent disabling injury<\/p>\n<p>The technical name in the insurance industry for this cover is Personal Accident and Sickness Insurance. Many people also call it Personal Accident and Illness insurance. Don\u2019t worry, it\u2019s the same thing. It\u2019s important to learn what the key benefits of this insurance are:<br \/> – Much cheaper option compared to traditional income protection insurance<br \/> – Suitable for Tradespeople<br \/> – Easier underwriting and no medical tests<\/p>\n\n<\/div>\n<\/div>\n<div id=\"rm-faq-3b2e9698ddcabf989b964b7e02d715e9\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"How-does-Personal-Accident-Insurance-work\"><\/span>How does Personal Accident Insurance work?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Personal Accident Insurance works to replace your weekly income should you get injured or sick(optionally) and are unable to work. To understand, let\u2019s consider an example:<\/p>\n<p><em>Mr Handyman earns about $2,000\/week (pre-tax) working in the local suburbs for real estate property managers tightening door hinges, replacing tap washers and the likes. He\u2019d like to cover his income for $2,000\/week should he get injured and unable to work. He takes up Personal Accident and Sickness Insurance policy covering accident only.<\/em><\/p>\n<p>He was presented the option to insure for sickness too, but he declined, he feels he is in good health, young and doesn\u2019t do any work that exposes him to any nasty things that may make him sick so no point paying the extra premiums for this optional coverage.<br \/>Insurers use the information provided by customers to assess their risk. Age of the customer and the occupation of the customer has a big influence on the pricing. Think about the risk difference between a Handyman vs a Roof Tiler. There is a much higher chance of a Roof Tiler to take a big fall and get seriously hurt.<\/p>\n<p>Similarly, age of the customer plays a big role. Inexperienced young people may have a higher chance of an injury but a faster rate of recovery whereas older more seasoned workers tend to be more careful, hence less frequent injuries but if they do get hurt there is a longer recovery period for them, stretching out the benefits paid to them.<\/p>\n<p>Add to the mix now the Benefits, the duration of Benefits and the waiting period etc. which then determines the price you pay and what you get in return.<\/p>\n<p><img decoding=\"async\" alt=\"how personal accident insurance works\" src=\"https:\/\/www.covertradie.com.au\/wp-content\/uploads\/how-personal-accident-insurance-works.png\"\/><\/p>\n<p><strong>Higher benefits and longer benefits period increase the price of personal accident insurance and a longer waiting period reduces the prices of personal accident insurance.<\/strong><\/p>\n<p>Like every other insurance, the payouts are subject to some terms and conditions that everyone should be aware of, like:<\/p>\n<p><strong>Pre-Existing Medical Conditions:<\/strong> Usually no cover for any claim that arises directly or indirectly due to a Pre-existing Medical Condition unless the insurer has specifically agreed to extend the cover as specified on your policy schedule.<\/p>\n<p><strong>Participation in Dangerous Activities:<\/strong> Usually no cover for claims that arises directly or indirectly due to Dangerous Activities unless the insurer has specifically agreed to extend the cover as specified on your policy schedule. Dangerous Activities are like:<br \/> – Caving<br \/> – Diving deeper than 30m<br \/> – Horse-riding<br \/> – Martial arts etc.<\/p>\n<p>As you can appreciate this is no way a complete list and if you\u2019d like to check if something is considered a dangerous activity or not, please give us a call.<\/p>\n<p><strong>General Exclusions: <\/strong>Every policy has some general exclusions. For example, self-harm or suicide, reckless acts, misconduct or any illegal or criminal acts are not covered by insurance policies. There are other exclusions too which you need to be aware of.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"rm-faq-98e43db25bcc3216144dc3e72cf68783\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"What-does-Personal-Accident-Insurance-cover\"><\/span>What does Personal Accident Insurance cover?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Personal Accident Insurance covers weekly and lump sum payments. Some of them are listed below. Please note that this is just an indicative list and not a comprehensive list. Different insurers may have less or more benefits than those mentioned below.<\/p>\n<p><strong>Weekly Benefits<br \/><\/strong> – <strong>Weekly Benefit for Accidental Injury (Mandatory)<\/strong><br \/> Provides cover for your weekly salary if you suffer an accidental injury that within twelve months directly results in you being temporarily disabled and unable to attend your occupation.<br \/> – <strong>Weekly Benefit for Sickness (Optional)<\/strong><br \/> Provides cover for your weekly salary if you suffer a sickness that directly results in you being temporarily disabled and unable to attend your occupation<br \/> – <strong>Weekly Benefit for Spouse\/Partner Care<\/strong><br \/> Provides cover for your spouse\/partner\u2019s weekly salary where they have ceased permanent employment and no longer earning a salary because they are providing you with full time care whilst you are receiving a payment for Weekly Benefit for Accidental Injury or Sickness<br \/> – <strong>Weekly Benefit for Fixed Business Expenses<\/strong><br \/> If you are a self-employed, this benefit may be available to you. It covers your Fixed Business Expenses whilst you are receiving a benefit paid for accidental injury.<\/p>\n<p><strong>Lump Sum Benefits<br \/><\/strong> – <strong>Coma Benefit<\/strong><br \/> Provides a lump sum payment due to you being in a coma for a number of days or more due to an accidental injury.<br \/> – <strong>Lump Sum Benefits \u2013 Specified Events<\/strong><br \/> Provides a lump sum payment due to an Accidental Injury<br \/> – Lump Sum Benefits for fractured bones<br \/> – Lump Sum Benefits for Loss\/Damage to Teeth<\/p>\n<p><strong>Other Benefits<br \/><\/strong>There are a range of other benefits available. Please give us a call to discuss.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"rm-faq-f095d3efc0d4a941a592f8f5f7a92b2d\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"Which-insurers-do-Personal-Accident-Insurance-in-Australia\"><\/span>Which insurers do Personal Accident Insurance in Australia?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Personal Accident Insurance is done by many insurers in Australia including QBE, Allianz, Zurich, Suncorp, CGU and a host of other underwriting agencies. CoverTradie has strong working relationships with all and can provide high quality insurance at very affordable pricing.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"rm-faq-6a38032cbe43c3ea84b202503ef9ffbe\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"Is-Personal-Accident-Insurance-tax-deductible\"><\/span>Is Personal Accident Insurance tax-deductible?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>The premiums you pay for Personal Accident Insurance are usually tax deductible because if you received an income benefit from your insurance, that is usually taxable. We are only providing general advice here as we are not taxation experts. Your tax accountant should be able to confirm if this is correct or not for your particular circumstances.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"rm-faq-5af5155bb6dec702b4d2f2a9aeed4f25\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"Is-Personal-Accident-Insurance-the-same-as-Income-Protection\"><\/span>Is Personal Accident Insurance the same as Income Protection?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes and No. Personal Accident Insurance is similar to Income Protection Insurance because it replaces your income but its not exactly the same. There are some big differences:<br \/> – Income Protection Insurance comes under the Life Insurance segment of the insurance industry where as Personal Accident and Sickness Insurance come the General Insurance segment.<br \/> – The benefit period of Personal Accident Insurance is usually much smaller, say 52 \u2013 104 weeks depending on the insurers. Income Protection Insurance can provide benefits for your entire working life up to 65years.<br \/> – Duration of Cover \u2013 One of the key differences between these policies is the Personal Accident policies are cancellable by insurer. For example if you started the policy as a Handyman and then your occupation changed to a much riskier occupation, the insurer can decline a renewal whereas Income Protection policies have a guaranteed renewal.<br \/> – Underwriting \u2013 Personal Accident Insurance is a simpler version, as a result you don\u2019t require any medical underwriting which makes premiums much more affordable and that leads us to the next point.<br \/> – Cost \u2013 the premiums for Personal Accident Insurance are significantly lower compared to Income Protection Insurance.<\/p>\n<p>Essentially, Personal Accident Insurance is a lightweight product with much less stringent underwriting process compared to Income Protection Insurance. All of this is a very generic piece of information not meant to be any advice. If you\u2019d like proper advice, we can refer you to a qualified life insurance advisor.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/section>","protected":false},"excerpt":{"rendered":"<p>Personal Accident Insurance Trades & Construction workers have the highest rate of workplace injuries out of all occupation groups in Australia. Is that a problem? Yes! CoverTradie helps people get the right insurance that protects your cash flow if you got injured or sick. Frequently Asked Questions (FAQ)<\/p>\n","protected":false},"author":1,"featured_media":3262,"parent":0,"menu_order":31,"comment_status":"closed","ping_status":"closed","template":"","meta":{"inline_featured_image":false,"footnotes":""},"_links":{"self":[{"href":"https:\/\/www.covertradie.com.au\/wp-json\/wp\/v2\/pages\/2604"}],"collection":[{"href":"https:\/\/www.covertradie.com.au\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.covertradie.com.au\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.covertradie.com.au\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.covertradie.com.au\/wp-json\/wp\/v2\/comments?post=2604"}],"version-history":[{"count":2,"href":"https:\/\/www.covertradie.com.au\/wp-json\/wp\/v2\/pages\/2604\/revisions"}],"predecessor-version":[{"id":7150,"href":"https:\/\/www.covertradie.com.au\/wp-json\/wp\/v2\/pages\/2604\/revisions\/7150"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.covertradie.com.au\/wp-json\/wp\/v2\/media\/3262"}],"wp:attachment":[{"href":"https:\/\/www.covertradie.com.au\/wp-json\/wp\/v2\/media?parent=2604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}