What is the PA 10 Plus?
Pacific and Orient, personal accident insurance plan, PA 10 Plus an insurance policy with added perks that can help you possibly prolong your stay here on earth, if you find your lifestyle to be a bit on the edge of safety. The policy itself covers an array of situations resulting in accidents, while at the same time providing you with the freedom of choice as to how much you really want covered.
What are some of the coverage benefits?
Of course, like most insurance plans this one provides protection in the case of accidental death, permanent disablement, medical expenses as a result of an accident, compassionate allowance and personal liability. But the protection does not stop there.
You as a policy holder can pick and choose from the list below other occurrences and activities you want insurance coverage for;
- Yachting/Scuba Diving
- Professional Sports/Games
- Martial Art of Self-Defense
- Use of wood working Machinery
- Clinic Medical Expenses.
With a little extra premium, you can be covered for all the above lifestyle choices as well.
How do the premiums work?
This policy comes with a choice of 4 plans that you can decide how you want to cover you, as it is your insurance coverage. The premiums for this policy is calculated on an annual basis and will vary depending on your age, job description and possibly your financial limits.
So, make sure to take your time in selecting the plan you want, and going over all the details with your agent. Also, this policy accommodates couples and families as well. Which also creates room for the premiums to shift. In fact, it might be cheaper to purchase a collective policy rather than an individual one.
Are there any exclusions?
Of course, there are. However, the list is long and you may want to go over it closely with your insurance agent for through clarification. But for the time being, you might want to make a note that, any hazardous hobbies, or activities will not be covered by the plan, along with any pre-existing illnesses.
Who can apply for this plan?
The policy is open to anyone over the legal age of 18. Parents can apply for a family plan as long as their children are 3 years or older. The maximum entry age for the plan is 65 years old.