Definition of Accident Protector
Accident Protector is a first line of cover insurance policy and is underwritten by Prosperity Lifecare Insurance Limited. This policy provides cover in the event of a motor vehicle accident, injury on duty or emergency transportation by road or air. This includes hospital medical treatment resulting from a reported motor vehicle accident or injury on duty. Accident Protector offers policyholders peace of mind in a life or death situation.
#8 – Road traffic accidents’ rank in cause of death in Namibia.
2,479,713 – Country population
731 – Country reported fatalities
754 – WHO estimated fatalities
447 – GBD estimated fatalities
30.4 – WHO estimated fatalities per 100,000 population
11,310 – Estimated serious injuries
$1,200 million – Cost of fatalities and serious injuries
10.6% – Cost as % of country GDP
73% – Percentage of road crash fatalities and injuries in the economically productive age groups (15 – 64 years)
3:1 – Ratio of male to female fatalities, with the 15 – 49-year age group being the most vulnerable to fatalities.
1,127 – Life years affected due to disability from road crash injuries per 100,000 people.
The Risks of Being Uninsured
As these frightening figures show motor vehicle accidents and their consequences should not be taken lightly. The risks are simply too high—being in need of superior medical care in your most distressing moments and being unable to receive it. If you do receive care from private services the costs are great and you may suffer major setbacks from that following your recovery.
The Insured in Namibia
In the Greater Windhoek area, insurance coverage rates are quite high for a sub-Saharan African country. Over 30% of individuals are enrolled on a medical aid fund. The medical aid scheme PSEMAS, which covers all civil servants, insure 43% of all insured individuals. There are large discrepancies in enrolment across socioeconomic categories. Only 5% of individuals in the poorest consumption quintile are enrolled in medical aid, while 70% of individuals in the richest quintile have medical aid benefits. Those most likely to be insured are individuals whose head of household works in government or defense. The least insured industries are manufacturing, retail/accommodation and construction. The services industry employs the most individuals in Namibia and 65% of individuals with a head of household employed in services are uninsured.
Accident Protector insures up to N$ 1000 000 per family and N$ 500 000 per person. It includes the following services:
Hospital insurance cover for motor vehicle accidents (MVA) and injury on duty:
- Private hospital (including medicines, materials, hospital apparatus and 7 days take out medication) (part of sum insured)
- Accommodation in general ward, high care or ICU on clinical approval (part of sum insured)
- Provincial hospitals (including medicines, materials, hospital apparatus and 7 days take out medication) (part of sum insured)
- Consultations including treatment, procedures and all services (part of sum insured)
- Blood transfusion (part of sum insured)
- Radiology including specialised Radiology & Pathology (part of sum insured)
Accidental death benefit
Payout of N$10 000 per person
EMS ASSIST – Emergency evacuation and rescue services
- Emergency evacuation to the nearest recommended medical facility in the event of a Motor Vehicle Accident (MVA) or Injury on Duty (IOD) road and/or air within the territory
- EMS will provide emergency medical transportation by road and/or air ambulance, under appropriate medical supervision, to the nearest recommended medical facility capable of providing adequate care for the nature of the trauma sustained in the motor vehicle accident or as a result of Injury on Duty.
The monthly premium ranges from N$174 to N$412 and can include as many as five dependents.