Guide on ML Personal Accident Insurance Offers & the Details of Policy
ML PERSONAL ACCIDENT INSURANCE – Here is a full list of the affordable Accident Insurance offers of M Lhuillier as well as their prices and coverage.
Are you one of the people who consider getting an insurance policy but the costs of most insurance is burdernsome to the pocket? There are now entities that offer affordable insurance policies to the public. One of them is M Lhuillier.
There is no contest to the fact that M Lhuillier is most popular for its money transfer service — most especially the affordable ML Kwarta Padala rates. It is available in Luzon, Visayas, and Mindanao. Meanwhile, as years pass, it expanded its offers which now cover insurance policies.
Aside from the ML Emergency Room Insurance, also among the offers of M Lhuillier are ML Personal Accident Insurance offers. There are three (3) offers which you can check below:
Family Protect
This personal accident insurance offer is priced at ₱30.00 per month. It is valid for one (1) year and up to five (5) Certificates of Insurance (COI) per principal. It is open for individuals aged 7 to 70. Here is the principal coverage for the principal owner:
- Accidental Death/Dismemberment: ₱30,000.00
- Motorcycle Accident: ₱30,000.00
- Accidental Burial Assistance: ₱10,000.00
According to M Lhuillier, for beneficiaries between 7 to 17 years old and 66 to 70 years, onlye 50% of the benefits can be claimed.
Pinoy Protect Plus
Also one of the ML Personal Accident Insurance offers is the Pinoy Protect Plus that can insure individuals aged 18 to 75 years old. It is priced at ₱50.00 per month and up to five (5) Certificates of Insurance (COI) per principal. It is valid for one (1) year. Here is its coverage for the principal owner:
- Accidental Death/Dismemberment: ₱30,000.00
- Motorcycle Accident: ₱30,000.00
- Accidental Burial Assistance: ₱10,000.00
- Cash Assistance, Natural Death: ₱10,000.00
- Educational Assistance (accident): ₱5,000.00
-or-
Educational Assistance (sickness): ₱2,500.00
M Lhuillier stated that only 50% of the benefits and none of the cash assistance benefit can be claimed for beneficiaries who are between 71 to 75 years old at the time of accident.
Family Protect Plus
If you want to get your whole family insured, you can have the Family Protect Plus priced at ₱99.00 per month. It is valid for one (1) year and up to five (5) Certificates of Insurance (COI) per principal.
This ML Personal Accident Insurance insures family members who are aged between 1 to 21 for children or siblings and 18 to 75 for spouse or parents. Here is its total coverage:
Principal
- Accidental Death/Dismemberment: ₱30,000.00
- Motorcycle Accident: ₱30,000.00
- Accidental Burial Assistance: ₱10,000.00
- Cash Assistance, Natural Death: ₱10,000.00
- Fire Cash Assistance: ₱5,000.00
Spouse/Parent
- Accidental Death/Dismemberment: ₱15,000.00
- Motorcycle Accident: ₱15,000.00
- Accidental Burial Assistance: ₱5,000.00
- Cash Assistance, Natural Death: ₱5,000.00
- Fire Cash Assistance: None
Children/Sibling
- Accidental Death/Dismemberment: ₱10,000.00
- Motorcycle Accident: ₱5,000.00
- Accidental Burial Assistance: ₱2,500.00
- Cash Assistance, Natural Death: ₱2,500.00
- Fire Cash Assistance: None
According to M Lhuillier, for beneficiaries between 71 to 75 years old, only 50% of benefits, & none of the cash assistance benefit can be claimed. You may purchase the insurance policy offers online through the official website of M Lhuillier.