Accidents are events that suddenly affect someone from outside and involuntarily lead to damage to health. In serious cases, an accident can result in permanent disability or death.

Disability is a permanent impairment of the body or mind, often caused by an accident or illness.

The progression is a percentage value by which the sum payable increases from a certain degree of disability. The benefit increases dynamically depending on the degree of injury. With Allianz, you receive up to 550% of the sum insured, depending on the degree of disability and the package selected.

The disability rating scale is used to determine the degree of disability and how much benefit will be paid by private accident insurance in the event of permanent impairment.

The benefits provided by statutory accident insurance are mainly:

• Financial protection in the event of accidents at work and occupational diseases
• Treatment following an accident at work
  
  Private accident insurance offers additional benefits such as:
• Insurance cover also for leisure, household and transport
• Coverage of medical expenses, pharmacy bills, costs for operations or special treatment in
• in hospital after an accident during leisure time
• Physiotherapy and rehabilitation after a leisure accident
• Financial support for accident-related consequential damage and permanent impairments that require, for example, the conversion of the claimant's own home

In Austria, all employees, including salaried employees, manual workers, freelance contractors and even those in marginal employment, are covered by accident insurance. All children are also covered by accident insurance from the start of their final year of nursery school.

Private accident insurance does not cover illness and does not pay out in the event of the following, for example:

• Accidents involving the use of aircraft and air sports equipment (e.g. accidents involving parachutes,
• Paragliders, gliders)
• Accident during motor sport competitions
• Accident during Nordic or Alpine skiing competitions
• Accident involving intentional, criminally punishable acts
• Accident related to wars or internal unrest
• Accident caused by chemical, biological or nuclear weapons
• Accident caused by radioactive radiation
• Accident caused by significant impairment due to addictive substances or medication

The insurance cover in all selected private accident insurance packages is valid worldwide.

During school holidays, leisure time and weekends, children are covered by statutory health insurance but not by accident insurance. This means that consequential damages resulting from accidents that occur at home, while playing with friends, during sports or on holiday are not covered. It is therefore advisable to take out accident insurance for children. With Allianz accident insurance, newborns are covered free of charge until they reach the age of 12 months.

Occupational disability insurance generally only pays out if you are unable to work as a result of an accident or illness. However, accident insurance pays out regardless of whether you are unable to work and provides benefits based on the degree of disability.

Health insurance covers the costs of treatment following an accident or illness and, unlike accident insurance, does not offer any additional benefits to cover financial losses and burdens resulting from permanent or temporary impairments.