What is the PB Care all about?
It is a personal accident protection plan offered by Public Bank and underwritten by AIA Insurance Berhad for the benefit of not just Public Bank customers but for people who are looking for more unique plan with more access.
So, what does the plan cover?
Like most personal accident protection plans, this one will also cover accidental death and permanent disablement. Admittedly these are the more depressing possible outcomes of any accident. Therefore, the policy also gives you coverage for medical expenses when the injuries are not as extensive or permanent, but you’ll have to do some down time in the hospital.
You will also get a hospital allowance for the down time that you have at a hospital or medical facility, while seeking treatment. Since, there are other dangers that occur besides roadside accidents and such, this policy will cover a range of external incidences that might be traumatic to you as well, including snatch theft.
What about the premiums?
Premiums for this policy will be calculated on an annual basis, so please keep in mind that those amounts are not all that high for a once of payment. Also, this is a flexible policy not meant to be only available to individuals but to families as well. It is more often than not, that premiums for family insurance is considerably lower compared to individual covers.
What do I need to be eligible?
Since this is both an individual and a family insurance plan, there are a couple things that you might want to take note of depending on the type of plan you get. In both cases anyone over the age of 18 can pick up this plan whenever you need.
If you are a family and want to add kids under the protection umbrella of this policy they will need to be a minimum of 4 weeks old. Your children will have coverage till the age of 18 or 23 depending on whether or not they are still studying at the time.
The maximum entry age for this policy both for individual and family policy holders is 60 years old. If you have already purchased the policy before then, you may continue to renew it till the age of 75.
