PAI – Personal Accident Insurance

Personal Accident Insurance (PAI) – From the APF (Australian Parachute Federation)

Personal Accident Insurance (PAI) for the activity of Parachuting is available with this membership application to people between the age of 12 and 75 years inclusive and is considered a valuable member benefit. This Insurance is underwritten by Sportscover Australia Pty Ltd under an authority from Sportscover Syndicate 3334 at Lloyd’s. The policy provides Capital Benefits of $50,000 (or a percentage thereof, depending on specific injuries) for events such as: Death, Total and Permanent Disablement, Quadriplegia, Paraplegia, Loss of use of various limbs, organs and functions; Non-Medicare Benefits covering various expenses that are not covered by the Medicare Act 1983. The policy provides cover only for the activity of Parachuting and only during the period of your membership detailed on your Student Parachutist Licence issued by the APF. Click here for a Product Disclosure Statement and full Policy Document which is also available at all APF Drop Zones or you can request a copy free of charge from the APF. The APF does not hold an Australian Financial Services Licence and you should obtain your own advice about your needs for this product from an appropriately qualified and licensed advisor. You can check your status of cover under this insurance by contacting APF’s advisor, Insuranet Holding Company Pty Ltd on 02 6202 3000.

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