ACE has a wide range of Accident & Health products that can be tailored to Group or Individual/ Family customers. ACE has adopted a ‘customer-centric’ product development process whereby products are developed according to segmented customer needs, their life-stages and market focus.
Features & Benefits
- Death: This is payable in the event of loss of the insured’s life
- Disability: There are different degrees of severity, from partial to permanent total disability, depending on the availability and type of scale used. This benefit can also come in the form of either a lump sum payment or a fixed amount paid out regularly over a period of time
- Medical Reimbursement: This is to ensure that the insured is compensated for any expenses incurred when seeking treatment for injuries suffered in the event. This is usually subject to a minimum amount and the limit is clearly stated
- Hospital Income: This provides the insured with cash for each day of hospitalization due to accident. The cash can be used for all purposes
- Other coverages and extra benefits extensions are available as options
- All benefits are payable in the event of accidents only.