Some things go our way, and some  don’t. Life  can be unpredictable–and sometimes, a series of unfortunate events can occur. While we don’t have a crystal ball to  tell us our future, we can definitely prepare for life’s twists and turns.

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Safeguard yourself and your loved ones with a personal accident insurance  to ease the financial burdens that can arise from unforeseen  events. From being injured while engaged in an outdoor activity to more serious accidents like total permanent disability or even death, a personal accident insurance can cover expenses, lost income and payouts that can arise from the aforementioned accidents. There are various types of personal accident insurance coverage in the Philippines, but some of the key benefits would be the following:

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1. Medical Expenses - A personal accident insurance can cover medical expenses that may or may not include hospitalization, doctor’s fees, operations and medications.
2. Accidental Death - A personal accident insurance can cover a lump sum payment for your beneficiaries in case of your passing.
3. Permanent or Temporary Disability - A personal accident insurance can provide you with a monthly payout to cover lost income during a recovery from the accident.

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Now that you know all the benefits from a personal accident insurance in the Philippines, what are the first things you need to consider before availing one?

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Step 1. Think about your lifestyle, your usual activities, and daily routines. Do any of these show any potential dangers or risks? Do you travel frequently? Do you drive in areas that aren’t very ideal? Do you play sports (or even extreme sports)? Are you naturally prone to accidents–because we all know some people are, unfortunately!

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Step 2. Look at your budget and decide how much you can allot for additional security. Look at the number of dependents you may want to have and include it in your budget.

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Step 3. Consult with an insurance brokerage firm to help you find the right personal accident insurance in the Philippines. They have the database, expertise, knowledge and connection to do the research and negotiations for you.

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Step 4. Once you agree on a policy, understand the terms, the coverage period, and yes, even the fine print. 

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Step 5. Not only do you need to understand what’s included in the policy. Understand the exclusions as well.

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Step 6. Because it’s a personal accident insurance, it would be good to keep your insurance provider’s contact information with you as well as your policy number. 

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For more information and questions, contact us here ____________________________.

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