Personal Accident Insurance

Protecting You & Your Loved Ones

Personal Accident Insurance is a policy that provides coverage against accidental death, permanent disability, partial disability, and other accident-related expenses. This type of insurance ensures financial assistance in case of injury or loss of life due to an accident, offering peace of mind to individuals and their families. Unlike health insurance, which primarily covers medical expenses, personal accident insurance focuses on compensating for loss of income, disabilities, and death caused by accidents.

Key Features of Personal Accident Insurance

Accidental Death Benefit: Provides a lump sum payout to the nominee in case of accidental death of the insured person.
Permanent Total Disability (PTD) Coverage: If the insured suffers a permanent disability such as loss of limbs or eyesight, the policy offers financial compensation.
Permanent Partial Disability (PPD) Coverage: In case of partial disability, such as loss of fingers or reduced mobility, a certain percentage of the sum insured is paid.
Temporary Total Disability (TTD) Benefit: Offers weekly compensation to the insured during the recovery period if they are unable to work.
Medical & Hospitalization Expenses: Covers expenses for treatment, surgery, and rehabilitation resulting from an accident.
Fracture & Burns Compensation: Some policies provide additional payouts for fractures, burns, and other injuries caused by accidents.
Education Benefit for Dependents: Financial assistance for the education of the insured’s children in case of accidental death or disability.
Transportation & Funeral Expenses: Covers costs associated with transporting the insured’s body and funeral expenses in case of death due to an accident.
No Medical Check-Up Required: Most personal accident insurance policies do not require a medical examination for enrollment.
Easy Claim Process: Quick and hassle-free claim settlement for the insured or their beneficiaries.

Why Do You Need Personal Accident Insurance?

Accidents are unpredictable and can lead to significant medical expenses, loss of income, and even long-term disabilities. Here are some key reasons why personal accident insurance is essential:

Financial Security: Provides compensation in case of death or disability caused by accidents, ensuring financial stability for the insured or their dependents.

Medical Expense Coverage: Covers hospitalization expenses, treatment costs, and rehabilitation expenses arising from an accident.

Loss of Income Protection: In cases of permanent disability, the policy provides a lump sum amount, helping individuals sustain their standard of living.

Affordable Premiums: Personal accident insurance policies come at an affordable cost, making it an accessible option for most individuals.

Global Coverage: Many personal accident insurance plans offer worldwide coverage, ensuring protection regardless of location.

Additional Benefits: Policies may include coverage for transportation expenses, funeral costs, and education benefits for dependents.