Personal Accident Cover

Types of Personal Accident Cover:

· General Personal Accident Cover;

· Family Cover;

· Travel Cover;

· Sports, Culture and Leisure Cover;

· Passenger Cover;

· School Cover;

· Fire Fighter Cover.

Personal Accident Cover, contract:

Ensures payment of the amount previously defined in the contract in case of Death or Permanent Disability as a result of an accident suffered by the Insurance Holder.

Options: Professional Risks (accidents suffered by the customer on duty), Non-Professional (accidents suffered out of duty) Sports Practice (accidents suffered during sports practice).

How to apply/ requirements:

• Accident report;
• Birth Certificate or ID or Passport of the Insurance Holder;
• Death Certificate of the Insurance Holder;
• Any other documents requested by the Insurer, such as autopsy report.

Glossary:

Insurer - Hollard Seguros, SA. Entity duly authorized to carry out insurance activity and sign a contract with the Policy Holder.

Policy Holder – Person or entity that signed a contract with the Insurer and is responsible for the payment of the premium.

Insured Person – Natural Person pertaining to the Insurable Group, identified in the Individual Certificate, whose risk was accepted by the Insurer, after receipt of the Insurance Proposal under the terms of the General Insurance Conditions.

Beneficiary – Natural or Legal person entitled to receive the guaranteed benefit.

Insurable Group – Group of persons who are customers of Barclays Bank Moçambique.

Policy – Document representing the contract signed between the Insurance Holder and the Insurer, containing the general and specific conditions agreed upon.

Premium or Full Premium – Price paid by the Insurance Holder to the Insurer for the purchase of the service.

Capital – Amount specified in the contract as the maximum limit payable as compensation.

Permanent Disability – Permanent functional limitation as a result of an accident.

Temporary Disability – Temporary physical deprivation of the Insurance Holder’s ability to perform their normal activities.

Prevention – Positive response obtained through procedures aimed at reducing the likeliness of occurrence of an accident or its consequences.

Risk – Likeliness of occurrence of a future unforeseen event with negative consequences.

Accident – An event resulting in damages against people or things.

Incident – The event affecting the insured element and causing the policy cover to be used.