What is the Ideal Lifestyle Protection Plan all about?
There are many types of protections that one person could take up, to have a safe haven, a supplement for your income, or for some even a bullet proof car. However, that doesn’t mean that everyone can afford these types of protections and luxuries, the alternative, pick up a personal accident insurance policy worth your while.
The UOB Lifestyle Protection is a comprehensive personal accident cover, with affordable premiums and great benefits. So take up the policy and get yourself some reliable coverage.
How much does the policy cover?
Much like any other personal accident protection, this policy covers death and permanent disablement, but we all know that there are other dangers that don’t fall into those boxes. Therefore, the policy will offer you coverage for dental and reconstructive cosmetic surgery, should you require it. As well as a hospital allowance, and alternative medical treatment, should the current generic methods fail to work for you.
The cover also includes, rehabilitation for disability survivors, travel expenses for your family who are too far away from wherever you are receiving treatment, the repatriation of mortal remains, and funeral expenses.
What about the premiums?
Premiums for this policy are calculated on a 12-month basis, therefore a total per annum, so when you break it down, the costs are not too high, in fact they are fairly average. Also, this policy comes with a choice of 3 plans, each with varying degrees of protection and premiums. Which means you are in control of the plan you choose and not the other way around.
Who can apply for this policy?
This is an individual policy made for anyone over the age of 18. So, if you want it, pick it up whenever you’d like. You can continue to renew your policy up to the maximum age of 70.
Is there a renewal bonus?
You bet there is! For every year, no claims are made and the policy is renewed there will be a 10% increase to the sum assured. This number will go up to a maximum of 50% the original sum assured.
