Do you have a personal accident (PA) policy?
Yes-52% No-48%
Is a PA policy good value for money?
Are you aware of what PA policy covers and what it excludes?
Yes-63%
Yes-55%
No-9%
No-28%
Can’t Say-28%
Can’t Say-17%
Over half of the respondents have purchased PA policy
9% think PA policy is not good value for money
55% of the respondents are aware of what PA policy covers and what it excludes
Have you purchased life insurance riders offering accidental death and accidental disability cover?
Does the PA policy premium change with age?
Has any insurance agent tried to sell you a PA policy?
Yes-54% No-46%
Yes-25% No-50% Can’t Say-25%
Yes-28% No-69% Can’t Say-3%
54% of the respondents have purchased life insurance riders of AD and ADB
Half of the respondents know that PA policy premium does not change with age
69% of the respondents were not approached by an agent to sell PA policy
Do you think it is better to buy a PA policy than riders like accidental death and accidental disability?
Do you know the difference between permanent total disability, permanent partial disability and temporary total disability?
Do life insurance agents actively sell accidental death and accidental disability riders with life insurance policies?
Yes-60%
Yes-73%
Yes-38%
No-13%
No-20%
No-40%
Can’t Say-27%
Can’t Say-7%
Can’t Say-22%
60% of the respondents think that it is better to buy a PA policy than riders
One in five do not know the difference between PTD, PPD and TTD
38% of the respondents were approached by an agent to sell AD and ADB riders