Accidents happen. You will of course try to stay positive and not assume the worst will happen, but statistics say otherwise. Car accidents alone cause Australia a whopping $17 billion in medical bills every year.

And it is a known fact that when accidents happen, it could greatly affect your life, not to mention your lifestyle. An accident can mean you might become unable to work due to serious physical injuries caused by it. And sadly, this will leave our families and loved ones to pick up the pieces for us. So instead of adding burden to our families in times like this, it is better that we give ourselves enough protection for the future.

What is the Zurich Ezicover Accident Income Insurance?

Accident Income Insurance is also called Disability Income Insurance. It is a type of insurance which insures a person’s earned income against the risk of disability caused by accidents or illnesses. It is paid when the person insured is unable to work in or perform his usual occupation due to an injury.

Most insurance providers pay a lumps sum to the beneficiaries to help them with the additional expenses as they recuperate. Such is the Zurich EziCover Accident Income Insurance which pays a monthly benefit of up to $4,000.

This lump sum can be used to help ease you and your family from the financial pressures brought about by an injury or illness rendering you unable to work. The money can be used to pay not only for the medical expenses, but also for the mortgage payments, specialist medical fees, and your ongoing daily expenses. In short, it will help your family transition smoothly as they make adjustments.

Furthermore, the Zurich EziCover Accident Income Insurance is generally tax deductible designed for those who are between 19 and 60 years old.

The Zurich EziCover Accident Income Insurance Features

Being one of the largest insurance providers in the world, Zurich offers a low-cost insurance cover with a lot of additional benefits for you and your family. Zurich has also developed the first fully automated application process which allows you to submit your application in just a matter of 5 minutes. Because of this, you are entitled to reduced prices and low cost premiums.

• 1st Month Premium-Free: The easy application process has reduced up front costs giving you a one month of free premium.
• Flexible Cover: With Zurich, you have the freedom to choose which cover is right for you. The level of cover ranges from $2,000 to $4,000 every month. Furthermore, since this is fully automated, you get to pay a lower monthly premium as opposed to full advice insurance products in the market.
• 12 Months Paid Benefit: In the event you are unable to go back to work or perform your usual occupation because of the accidental injury, you will receive monthly payment of up to 75% of your monthly income for 12 months.
• Family Benefit: Death can be stressful emotionally and financially, especially if it is the breadwinner who died. So in the event of the insured’s accidental death, his or her spouse will receive a monthly payment for 6 months to help cope up with any financial expenses and obligations incurred by the insured’s sudden death.
• Fixed Premium: Another advantage of this policy is the fixed premium. This means that you get to pay the same premium from beginning to end.
• Tax Deductible Premium: Since the Zurich EziCover Accident Insurance premiums are tax-free, you just don’t get yourself covered but enables you to save as well.
• 30 Day Cooling Off Period: The Accident Income Insurance has a cooling off period, which means that if ever you change your mind within 30 days after purchase, you can give the policy up and will be fully refunded.
• No Medical Required: You can apply for this cover hassle-free, because Zurich does not require additional medical proof if you add this option to your Life, TPD, or Trauma Cover.
• Guaranteed Renewable: The Zurich EziCover Accident Income Insurance will cover you until you are 65 provided you have paid the monthly premiums. Zurich will renew your policy after your 65th birthday.
• 24/7 Worldwide Cover: If you are worried about getting covered when you travel abroad, the EziCover Accident Income Insurance provides cover wherever you are in the world anytime of the day.

Furthermore, if you return for work within 5 days of the waiting period and then get sick again, the waiting period will not restart. Instead, a benefit will be paid to you again as a continuation of the same benefit.

Applying for the Zurich EziCover Accident Income Insurance

If you have assessed you needs and budget, and you think that you need to have the EziCover Accident Insurance, you only need to have these three qualifications in order to be accepted.

• You need to be an Australian resident
• You need to be between 19 and 60 years old.
• You work in an eligible occupation at least 26 hours every week.

With their full online support, you can process your application in 5 minutes to have it assessed.

Why put your income on the line and let your family undergo all kinds of stress when you lose your job due to accidental illnesses and injury. With the Zurich EziCover Accident Insurance, you will be glad to know that there is a company to back you up in such cases.