Personal Accident Insurance
Prepare yourself financially for unexpected emergencies
Accidents can happen at any time and though unforeseen, their effect can last a lifetime! It is very important to ensure that you and your family are prepared and don’t end up facing the additional burden of managing the day-to-day needs of an accident victim. Victims of accidents can become disabled, affecting the person’s earning capability, indirectly affecting the lives of their family members. At one end, Besides the physical injuries, the affordability of the medical expenses also adds to the problem, creating problems that can end up financially ruining the family. Personal Accident insurance is designed in such a way as to keep in mind the medical and financial needs of a person facing an accident anywhere across the globe. It offers lump sum amount in case of the death due to an accident or a portion of the sum insured in the event of a disability. The scope of cover can include compensation for death, disability be it permanent or temporary, loss of income, repatriation expenses etc.
Accidental Death Cover
An accident can be both emotionally and financially devastating for the dependent family members. In case of fatal injuries, the entire sum assured is paid to the nominee as mentioned in the policy document.
Permanent/Total Disability Cover
In case an accident results in permanent disabilities or lifelong total impairment such as loss of both the limbs, then a specified sum insured amount is paid to the policyholder.
Permanent/Total Disability Cover
If bodily injuries, resulting in permanent partial disabilities, then a certain percentage (up to 100%) of the benefit is paid to the insured.
Temporary Total Disability
If bodily injuries, resulting in permanent partial disabilities, then a certain percentage (up to 100%) of the benefit is paid to the insured.