Although Personal Accident cannot replace a comprehensive medical insurance plan where the medical coverage can go into hundreds of thousands, even millions of ringgit a year according to the type of plan chosen, it can at times be a good enough alternative.
Here are some advantages a PA plan over a Medical and Health Insurance plan:
1 – No medical checks
Some medical insurance will require a medical check as part of the application requirement. People who have pre-existing medical condition may find their application rejected altogether or are still eligible for the medical plan but at a higher premium. Such medical checks are not required when purchasing Personal Accident insurance.
2. It is cheaper
PA plans are usually cheaper than a full medical insurance plan due to its lower and more limited coverage. As said earlier, the coverage for medical expenses offered by a medical plan can reach up to hundreds of thousands and even millions of ringgit a year, depending on the plan and amount of premium.
Medical coverage by Kurnia Perfect 10
The medical coverage starts at RM 3,000 and goes up to RM 5,000.
The coverage includes:
1. Hospital room and board
2. Medical and surgical treatment
3. Traditional treatment
4. Repatriation cost
5. Bereavement allowance