Other Is Personal Accident Insurance worthwhile or is it a gimmick insurance?

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gbh2930

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I can't make my mind up whether its worthwhile or should I be looking at other uses for the money e.g. paying off loans, mortgage, put into savings, etc.

We have 3 children so it would be a family plan if I do it and we are already covered for Life Insurance & health Insurance.

Anyone got an opinion as to which is the better use for the money?
 
As with any insurance their are pro's & con's of this cover, so you will need to go through your options with your broker. In saying that, I nearly always have recommended Income protection over personal accident cover in the past, as the scope of cover is larger, cover last's longer, there is tax relief on income protection etc.


www.powerinsurances.ie
 
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