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Personal Accident

Simple accidents can have serious consequences for your clients and their families. After suffering a debilitating injury, your clients may have difficulty making a living, earning an income and paying off costly medical bills, which can put a heavy financial burden on their family. A comprehensive Personal Accident policy will limit their exposure and ensure that they can get through the challenge of an injury.
Burns & Wilcox, a leader in wholesale insurance, can provide access to Personal Accident Coverage.

Coverage Details and Features

Coverage Options:

Temporary Total Disablement (TTD): Insuring against injury or sickness that causes that covered person(s) inability to work.

  • Benefit payable on a monthly basis in the amount selected
  • Elimination Period is 30 to 180 days (Can accommodate a lesser period)
  • Maximum number of months payable is 1 to 60
  • Under recurrent disability, the covered person returns to work, but suffered a recurrence of TTD, the elimination period is only reapplied id the recurrence occurs after 60 days

Permanent Total Disablement (PTD): Insuring against injury or sickness that caused the covered person(s) to be permanently and irreversibly disabled and unable to carry our any occupation, profession or employment of any kind.

  • Benefit payable in a lump sum
  • Elimination period 12 months or following payout of all TTD benefits
  • Options PTD can be purchased in conjunction with TTD or as stand-alone benefit. The lump sum can be selected at any financially justified level

Higher Limits

We offer  higher limits than traditional insurers can provide. Our expertise allows us to provide broad coverage to include special hazards and a lump sum benefits in the event of a permanent disablement.

High Limit Disability is most suited to situations where there is a contract, a guarantee, an obligation or a value related to a person’s ability to perform their occupation. It has particular application to the following circumstances.

  • Partnership buyouts
  • Corporate Buy/Sell
  • Mergers/Acquisitions
  • Key Person Replacement
  • Employment Contracts
  • Loan Protection
  • Institutions, educational facilities, financial institutions, hospitals, and mining corporations
  • Performance Contracts
  • Income Replacement
  • Top Up

At Burns & Wilcox our expertise becomes your expertise. Our marketing materials are designed to help you give your clients what they want to hear – yes to almost any hard-to-place-risk.