Personal Accident Insurance

Personal Accident Insurance

Personal Accident Insurance policy provides complete financial protection to the insured members against uncertainties such as accidental death, accidental bodily injuries, and partial/total disabilities, permanent as well as temporary disabilities resulting from an accident. In the case of accidental death of the policyholder, the nominee gets 100% compensation from the insurer. There are various other compensations that are offered for accidental disability such as loss of eyes, limbs, and speech.

WHO CAN BUY PERSONAL ACCIDENT INSURANCE POLICY?

Who’s between the age-group of 18 to 70 years, residing in India can buy personal accident insurance cover and get up to 5 lakhs sum insured. The best part of this personal accident insurance policy is that it has no boundaries as it can cover you worldwide. And, any injury given under the policy is liable to pay by the insurance company.

IS PERSONAL ACCIDENT INSURANCE ENSURE ONLY INSURED PERSON?

No, this policy covers the insured as well as his/her family members such as legal spouse, 2 dependent children, and dependent parents. Furthermore, dependent child/children including step and adopted child/children of the insured person between 5 to 25 years of age, who are unmarried and reside with the insured person, and get the majority of maintenance and support.