Sompo Personal Accident Insurance: Your Comprehensive Guide to Protection
Are you worried about unexpected accidents and their financial impact? You're not alone. Accidents can happen anytime, anywhere, and to anyone . That's where Sompo Personal Accident Insurance comes in. Let's explore how this versatile plan can provide you with peace of mind and financial security.
Insurance Calculator
Find the right coverage in minutes
Discover Your Ideal Coverage
Use our advanced calculator to get personalized insurance recommendations
- Accurate Estimates
Get precise coverage recommendations based on your needs
- Save Time
Receive instant results without lengthy consultations
- Personalized Analysis
Get tailored recommendations based on your unique situation
What is Sompo Personal Accident Insurance?
Sompo Personal Accident Insurance is a comprehensive plan designed to protect you financially against a wide range of accidents and unexpected events . It offers worldwide, 24-hour protection, ensuring you're covered no matter where you are or what you're doing.
Key Features of Sompo Personal Accident Insurance
Worldwide 24-hour Protection
Covers you against sudden, unforeseen events anywhere in the world
Full Terrorism Cover
One of the few plans that offer complete protection against terrorism
Wide Age Range
Available for ages 16 to 70, with renewal up to age 75 if taken before age 60
No Medical Examination
You can get covered based on your health declarations, no medical check-up needed
14-Day Free Look Period
Try the policy for 14 days and get a full refund if it's not suitable for you
Comprehensive Coverage
Includes unique benefits like dental treatment due to accidents, food poisoning, and insect/animal bites
What Does It Cover?
Special Features:
- Permanent Disablement Benefits for 3rd Degree Burns
- Benefits payable within 18 months from the date of accident
Core Coverage
Accidental Death and Dismemberment
Medical Expenses Reimbursement
Repatriation Expenses (up to S$2,000)
Dental Treatment due to accidents
Food Poisoning
Insect / Animal Bites
Accidental Miscarriage
Additional Protection
Traditional Chinese Medicine treatments (up to S$1,000 per accident)
Suffocation by smoke, poisonous fumes, and drowning
Murder & Assault
Hijacking, Riot, and Civil Commotion
Peacetime Reservist training
Loss of limbs without actual physical severance
Leisure and Underwater Activities
Motorcycling
Who Can Apply?
This plan is available for:
- Singaporeans
- Permanent Residents
- Foreigners with valid passes (employment, work permit, dependent, student, long-term social visit)
- Ages 16 to 70 years old
- People domiciled in Singapore
Occupation Classifications
Note: Some occupations may only be covered during off-duty hours, and certain high-risk jobs are not eligible for coverage.
Class 1
Indoor, non-manual work in non-hazardous places. Examples: Barber, Beautician, Nurse, Software Engineer, Home-maker
Class 2
Outdoor or supervisory work with occasional manual tasks. Examples: Chauffeur, Decorator, Insurance Agent, Fitness Instructor
Class 3
Manual work involving tools or machinery (not particularly hazardous). Examples: Baker, Carpenter, Driver, Plumber, Veterinary Surgeon
Why Compare Sompo Personal Accident with other Personal Accident Options through Whatins?
Traditional Approach
- Limited to one company's definitions
- May not know about better coverage elsewhere
- Single view on occupation classifications
Whatins Advantage
- Compare accident definitions across insurers
- See how different plans cover various activities
- Get multiple views on occupation coverage
- Understand different approaches to sports coverage
Real-Life Examples
Accidental Injury While Traveling
If you slip and fall while on vacation abroad: Your medical expenses would be covered, and if you need to be brought back to Singapore, repatriation costs are covered up to S$2,000.
Food Poisoning
If you get food poisoning from a restaurant: Your medical treatment would be covered, and you could even claim for Traditional Chinese Medicine treatments.
Sports-Related Accident
If you injure yourself during a leisure sports activity: Your medical expenses would be covered, and if you suffer a permanent disability, you'd receive a lump sum payment.
Pros and Cons
Pros
Worldwide coverage, 24/7
Full terrorism cover
No medical examination required
Covers a wide range of accidents and situations
Includes coverage for alternative treatments like TCM
14-day free look period
Cons
Age limit of 70 for new applications (75 for renewals)
Some high-risk occupations are not eligible
Doesn't cover professional sports or hazardous activities
Frequently Asked Questions
Do I need a medical check-up to apply?
No, you'll be accepted based on your health declarations on the application form.
What are the main exclusions?
Major exclusions include war, self-destruction, non-prescribed drug use, intoxication, AIDS, professional sports, and full-time military duty.
Can I get a refund if I cancel the policy?
Yes, you can get a full refund within the 14-day free look period. After that, you'll receive a pro-rated refund if no claims have been made.
Is this policy the same as other personal accident plans?
Not necessarily. Sompo's plan has some unique features, like a broader definition of 'accident' that doesn't require it to be violent, visible, or external.
Can I get coverage if I'm living overseas temporarily?
For temporary overseas residence, you'll need to contact Sompo for a separate quotation.
Wrapping It Up
Sompo Personal Accident Insurance offers comprehensive protection against a wide range of accidents and unexpected events . With its worldwide coverage, full terrorism protection, and unique benefits like TCM treatment coverage, it provides a robust safety net for many life situations.
However, it's important to consider the age limitations and occupation restrictions when deciding if this plan is right for you. Always compare different options and consider your specific needs and circumstances before making a decision.
Ready to take the next step? Don't rely on just one opinion. Get expert insights tailored to your unique situation. Sign up now to receive 5 expert opinions on personal accident insurance. These professionals will review your needs and provide personalised recommendations, helping you make the most informed decision possible.
By consulting with multiple experts, you'll gain a comprehensive understanding of your options and ensure you're choosing the best coverage for your lifestyle and needs. Don't leave your protection to chance – get the expert advice you deserve today.
- 👉 Sompo Personal Accident Insurance: Your Comprehensive Guide to Protection
- 👉 What is Sompo Personal Accident Insurance?
- 👉 Key Features of Sompo Personal Accident Insurance
- 👉 What Does It Cover?
- 👉 Who Can Apply?
- 👉 Occupation Classifications
- 👉 Real-Life Examples
- 👉 Pros and Cons
- 👉 Frequently Asked Questions
- 👉 Wrapping It Up
Fill in your details to get started
or
By filling this out, you agree to allow us to contact you about insurance related information.