Personal Accident Insurance provides financial protection for you and your family in the event of an accident. All full-time permanent employees are eligible. Personal Accident Insurance is provided by AIA.
The plan makes a lump-sum payment of your sum assured, which is equal to three times your Total Target Compensation (TTC) in the following cases:
- Your death as the result of an accident
- Your total permanent disablement or dismemberment as the result of an accident
The benefits payable will vary, depending on the type of injury. Please review the Accident Insurance Product Summary [PDF] to see the coverage for each injury.
Medical underwriting is required if your sum assured exceeds S$600,000. Please refer to Life Insurance for more information.
Adobe pays for 100% of these benefits.