Login
Select language

What is disability insurance cover?

Discover when and why you should take out disability insurance cover and learn all about what our product includes. Is it right for you?
 
Disability insurance cover is designed to protect the finances of those who unfortunately suffer a disability as the result of an accident. Whilst we all like to think that we’ll be physically able throughout our lives, there’s, unfortunately, no guarantee that an accident won’t mean that this is no longer the case. A disability can come about through an accident. Disability medical insurance cover can help you, and your family, with a level of financial support to assist with some of the accident-related expenses. This type of insurance cover is well worth considering because it can help take away a financial burden during a time when you need to focus on your health.
 

Is disability insurance cover recommended?

Disability insurance could be a good decision for any adult as you never know what is around the corner. It can be easy to forget how heavily dependent you are on being in good health and fully able to work or carry out your normal daily life, so when the unexpected occurs and this is taken away, standard life disability insurance can be a true lifeline.
 
Disability medical insurance can help you deal with an unthinkable situation of having a permanent disability due to an accident. Disability insurance offered by PSA is available in the form of an annual policy that can be renewed for life. This type of insurance is a fantastic support during a difficult time. Disability medical insurance is most necessary for those whose professions are classed as manual labour as these are the most injury prone occupations.
 

What does disability insurance cover?

What your disability medical insurance covers will depend on the level of cover you have taken out. However, you’ll likely find that standard life disability insurance from PSA covers:
 
  • A sum to be paid out if you suffer a permanent disability as the result of a medical accident
  • The cost of some of your medical appointments which could include medication and consultations
  • A sum may also be paid out to help towards any adaptations that will need to be made towards your home in the event of a disability, home assistance and sometimes even childcare.
It’s important that you study the different premiums that we offer on our disability medical insurance cover so that you’re getting the level of cover that is suited to yours and your family’s lifestyle. If you are looking to take out disability insurance cover but are unsure what to choose when it comes to the specifics of your policy, do not hesitate to get in touch with us. A member of the team can advise you on your ideal premium and cover, based on your own personal situation.
 
 

It’s important that you study the different premiums that we offer on our disability medical insurance cover so that you’re getting the level of cover that is suited to yours and your family’s lifestyle.

How much does accident and sickness disability coverage cost?

The exact cost will depend on your premium and the disability insurance’s policy options you include. When taking out your disability insurance, you will have complete control over deciding the level of cover you would like, which will in turn, affect the amount you pay.
 
To find out more about the exact cover that we offer to our customers, check out our product page.
 
 

Find out more about PSA's Personal Accident policy

 
 
 
 
 
 

Find out more about PSA's Personal Accident policy

 
 
© PSA Insurance Solutions
PSA Insurance Solutions Ltd Reg No: C83206 is a limited liability company under Maltese Law, having its registered address at: MIB building 53 Abate Rigord Street Ta’ Xbiex Malta, Tel + 356 22 58 34 92. The company is enrolled to act as an insurance agent in terms of the Insurance Intermediaries Act, 2006 by the Malta Financial Services Authority (MFSA), Notabile Road, Attard BKR 3000, Malta.
back