7 Home Insurance Plans That Also Cover You For Personal Accidents

Getting a comprehensive home insurance plan for your family home? Consider those that offer personal accident cover for extra peace of mind.

Glass breaks. The lighted gas stove is left unattended for a tad too long. Sometimes, a home break-in happens. There’s plenty of things that could go wrong within the relative safety of our home. This is why damage caused by fires and flooding is such a staple in home insurance plans. After all, your priceless belongings, furniture and home renovation fixtures are at stake.

But while that may be the case, what might get overlooked is the aftermath of these home disasters — more specifically, the injuries (or even death) sustained from these events. This is where personal accident coverage — embedded in your home insurance plan — could come in handy. 

Recap: What is personal accident (PA) cover?

It’s a plan that covers policyholders against injuries and even death from accidents. While you can find standalone personal accident plans on the market, you can also enjoy a decent level of PA protection in other insurance plans — home insurance being one of them.

Why is personal accident cover important?

According to Etiqa, more than a third of all moderate to severe injuries tend to happen at home. Seeing as they are quite prevalent, it is beneficial for you to have a home insurance plan that extends personal accident coverage to not only you, but your entire family should they get injured from an accident at home. 

In the case of home fires, common injuries could be burn-related (ranging from first-degree to fourth-degree burns) as well as respiratory injuries due to smoke inhalation. Should you lose your life due to accidental death, PA coverage ensures that your family gets a payout too.

How is a home insurance’s PA coverage different from a standalone PA?

There are some limitations in a home insurance’s PA coverage as compared to a standalone PA. This is because home insurance is not purchased due to its outstanding PA benefits, but rather for how well it protects your home contents. That said, a standalone PA will naturally have higher coverage (most plans have up to $200,000 in accidental death coverage) and could cover medical costs needed as a result of the accident, such as hospitalisation, treatment and recovery. 

In comparison, embedded PA cover in home insurance plans offer basic coverage for accidents at home, and likewise the coverage is a lot smaller. It’s important to note here that even with PA coverage in your home insurance plan, you shouldn’t rely on it solely as it might not be sufficient should an unforeseen accident take place.

Home insurance plans with personal accident coverage

*Both the insured and spouse must be 65 years old and below 

Sompo HomeBliss

A comprehensive home insurance plan that allows for each child to be covered under PA, it is certainly beneficial for bigger families. The maximum PA benefits are respectable at a maximum of $20,000 per spouse and $5,000 per child. 

One downside is that its PA cover does not offer worldwide coverage. This means that should anyone in your family get injured outside of Singapore, this policy will not be able to cover them.