Generali launches accident and personal liability insurance on a daily basis

Generali Versicherung is launching accident and personal liability insurance on a daily basis to provide flexible and selective cover for short-term leisure risks. The short-term insurance can be taken out from one to a maximum of 21 days.

"With the short-term leisure accident and personal liability cover, Generali offers its customers convenient, needs-based cover. As a Lifetime Partner, we are focusing on a customer-friendly solution and are thus in line with the trends towards individualization and digitalization," says Walter Kupec, Generali Chief Insurance Officer Property/Casualty.

Can be taken out for a maximum of 21 days

Leisure accident and personal liability insurance can be taken out in the "My Generali" app via the "My Instant Protection" button. The short-term insurance can be taken out for between one and a maximum of 21 days. The choice is between either basic accident coverage for search, rescue, recovery and disability costs as well as cosmetic surgery or accident insurance, together with personal liability insurance. The premium is between 4.42 and 7.61 euros per day, depending on the variant selected. Payment is made by SEPA bank transfer or credit card. After completion and payment, the activation is confirmed and the policy is visible in the personal ticket box.

Accident and private liability: Often underestimated risks

Accident prevention is one of the most essential personal insurances and, according to Generali Versicherung, is underestimated by many Austrians. A large proportion of accidents occur at times when there is no protection under statutory accident insurance - i.e. during leisure time, in the home or, to some extent, in road traffic. Permanent damage and an associated disability can in many cases lead to enormous consequential costs (reconstruction of the home, lack of mobility, etc.).

There is also the risk of a complete loss of earning capacity. Private accident insurance - and here in particular sufficient disability coverage - is existential and urgently recommended.

The private liability risk is also frequently underestimated in Austria. If a private person culpably causes damage, such as a collision while cycling, this can very quickly lead to a situation that threatens the existence of the company, especially in the area of personal injury, and can cost hundreds of thousands of euros in damages.