Personal Accident Insurance for Children

Need accident cover for your kids? Find an accident insurance policy for your dependent children.

Just like adults, kids can unexpectedly have their lives turned upside down by accidents and injuries. Watching your child battle a serious illness or injury is every parent’s worst nightmare and can also have a disastrous impact on your finances.

Why should I consider accident insurance for my children?

Personal accident insurance for children can provide a lump sum payment for:

  • Initial medical expenses
  • The costs of rehab
  • Modifications to the home
  • Accidental death of your child

Can I compare personal accident cover for children on

The panel of insurance advisers works with not able to provide quotes for children's personal accident insurance. Alternatively, you may still wish to compare personal accident insurance for adults from brands in our panel.

What are the benefits of children’s personal accident insurance?

The main purpose of personal accident insurance for children is to protect you financially if your child suffers an illness or injury. This type of cover pays out a benefit to help you cover costs such as:

  • Medical expenses
  • Home modifications
  • Hospital accommodation expenses to stay by your child
  • Other ongoing bills like rehab
  • Legal fees
  • Taking time off work to be by your child’s side.

Kids accident cover gives you the peace of mind of knowing that you’ll be able to look after your children if something goes wrong.

What types of injuries are my children covered for?

Accident insurance for school children is available for kids aged between two and 17 or 18 years of age. Some of the impairments that can be covered under accident insurance for kids include:

  • Broken or fractured bones: Benefit amounts will vary depending on the bone(s) involved and the nature of the fracture.
  • Burns: Second- and third-degree burns are covered.
  • Wounds: These may require a certain number of stitches to be covered.
  • Internal injuries.
  • Permanent disabilities: These include paralysis, loss of sight, loss of hearing, partial loss of sight or hearing, and the loss of use of one or both hands or feet.

Accident insurance policies for children will vary considerably between providers, so it is essential that you compare the features, terms and conditions to find the right cover that suit your kids' needs.

Will my kids be covered for death and illness too?

Some children’s accident insurance policies may provide cover for accidental death and major illnesses listed in the policy. In the case of accidental death, the benefit will be paid as a lump sum providing no previous benefit has been paid for a serious injury or illness. When it comes to serious illness or injury, benefits will be paid if your child suffers one of the impairments listed above.

For some policies, child cover needs to be take out as an extra

Some providers only provide this type of cover as an additional option when you as a parent take out cover for yourself. This lets you attach your child’s accident cover to your own insurance policy, and you may receive this cover at a discounted premium rate or as complimentary cover with some providers.

Consider a children life insurance policy with accident cover

In addition, other insurance providers also offer cover for children that is not specific to only accident cover. Usually known as children’s life insurance, this type of cover is typically available as an additional option linked to the parent(s) policy and provides cover for

  • Death caused by accidents
  • Traumatic medical events that are caused by accidents

Child life insurance is a relatively new type of cover. It will commonly provide you with a lump sum payment if your child dies, is diagnosed with a terminal illness or suffers one or more specified medical conditions or procedures. Each insurance company will provide its own specific list of covered illnesses and injuries, but typical examples include brain damage, cancer, paralysis, burns, blindness and deafness.

The benefits associated with these policies generally expire once your child turns 21, but many policies include a continuation option so they can be converted to an adult policy when your child reaches a certain age.

Doesn't my children school provide accident cover to it's students?

It’s a common misconception that schools provide accident insurance for students. This is not the case and has never been the case. Schools do not provide cover for any injuries children may sustain during school-related activities, whether at school or at events outside of school, such as excursions, sporting or other events. So if your child is injured at school as a result of an accident, all costs associated with the injury, including the medical costs, are your responsibility.

No, however you may have limited cover in sporting events

Cover may be provided if your child is permanently injured or dies due to his or her participation in authorised sporting activities. In NSW, this cover is provided by the state government through the Supplementary Sporting Injuries Benefits Scheme. The scheme provides a capital benefit for particular permanent injuries. You won't be covered for:

  • Dental injuries
  • Reimbursement of medical expenses for permanent injuries
  • Legal expenses or costs

Consider accident insurance

With this in mind, it’s important to consider taking out supplementary cover from a life insurance provider in order to ensure your child is more comprehensively covered. Student Accident Insurance is an insurance policy that pays benefits in certain circumstances if your child has an accident, and generally covers a broader range of injuries than the sporting injuries scheme.

You also have the option of taking out private health insurance for your kids. However, this is usually limited to the reimbursement of medical expenses and will most likely not offer the same amount of cover provided by a an accident insurance policy.

Tips to Compare Children’s Accident Insurance

  • Look for flexibility: Can you add your personal accident insurance policy for children to other policies you hold with your insurer?
  • What conditions are covered? Compare the number and variety of conditions covered between different policies.
  • Discounts: Is it possible to get cheaper premiums if you add your kids’ accident insurance to another policy?
  • Number of children: Can you insure more than one child or is there a limit on each policy?
  • Sum insured: Compare the maximum benefit payable between different policies.
  • Qualifying period: How long must cover be in place before a condition can be claimed for? This is generally between 30 and 90 days.

Look out for these benefits when comparing

  • Accommodation benefit: This will cover the cost of accommodation for you to stay by your child’s side.
  • Continuation of cover: If your child’s cover is added on to your own life insurance policy, check if your child will continue to be covered if you die.
  • Conversion of cover: Can your child’s cover be converted to a life insurance policy when they reach a certain age?

Compare child accident cover with an adviser

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