What is special about the PremierGuard?
The MSIG PremierGuard is a personal accident insurance policy that aims to keep you covered even in the worst of circumstances. It comes with great benefits to ensure your continued protection, reimbursement for selected medical expenses you might undertake and even a travel allowance for your family if you are receiving treatment somewhere overseas.
How much does the policy really cover?
In addition to accidental death and total permanent disability, the policy covers medical expenses up to a sum of RM200,000. It will offer you hospital income, weekly benefits and rehabilitation coverage in the case that you require these services.
But more often than not, personal accident insurance plans, benefit the family and loved ones of the insured, as they are the ones who will need help coping with your loss, should it come to that. Therefore, the policy offers a bereavement benefit of 10% of the sum assured should your death be caused by dengue, malaria or Japanese Encephalitis.
You will also have coverage for repatriation, the purchase of a prostheses or wheelchair, ambulance fees, corrective dental or selected cosmetic surgery, search and rescue expenses as well as HIV. Not to forget your family will receive a reimbursement benefit of up to RM5000 for funeral expenses and a payout from your personal liability coverage.
Any other benefits for this plan?
Well the plan also comes into effect in the event your personal effect sustain, loss or damage from the motor vehicle accident that lands you in a hospital. Other than that, you will be financially covered and have access to a certain amount of money if you were kidnapped and your family asked for a ransom.
Are there any exclusions I need to know about?
Sure, there are, this policy will not cover you, in the case you are involved in war and terrorism related offenses. There is also an array of medical dispositions that don’t fall under the umbrella of this policy, especially diseases related to drugs, alcohol, sexually transmitted diseases, insanity, mental illnesses, self-harm and so on
It also will not provide coverage for injuries and accidents pertaining to professional sports, air travel, unless you are a passenger on a passenger carrying aircraft, and contamination via radiation.