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![]() Why Accident Insurance?
Advantages
What does the policy cover?
News & Articles
Accident Insurance FAQs
Videos on Health Insurance
Claim Process
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Why Personal Accident Insurance? Imagine a healthy family of 4 people. The bread winner Ramesh, has life insurance and family floater policy. Suddenly on their way back home, there is an accident and Ramesh has a permanent disability in his legs. Will the life insurance and family floater help? Health insurance is for hospitalization and life insurance compensates death. But, what if there is disability due to accident? Accident Insurance takes care of these expenses should there be death or permanent disability due to accident. Let's look at some Accident fats in India
We do not like to hear about all this but do you know, Indian roads were at their deadliest in 2014 claiming more than 16 lives every hour on average. and these incidents terribly affect finances.
Advantages of Personal Accident Policy:- The sum assured provided by the personal accident insurance turns as a major support to save you and your family from the economical crisis. Family Security
No Requirement of Documentation
No Requirement of Medical Tests
![]() ![]() ![]() ![]() ![]() ![]() Substantial Cover at Lower Premium
Worldwide Coverage
Can be Bought for Individually or Family
Double indemnity for death/ disability while traveling in public transport What does the policy cover? Accidental Death Accidental death coverage gives compensation on the policyholder’s death caused by bodily injury resulting out of accident and leading into death. The nominee will receive entire sum assured offered by the insurer. Accidental Disablement It indicates that the insured person is disabled from work, either wholly or partially. Accidental Dismemberment The policyholder’s body part has been dismembered or severed. It clearly means that the insured person loses his eyes, legs or hand, then only the insured person would be eligible to receive a claim under this coverage. Additional Benefits Funeral Expenses in case of accidental death
News and articles on Personal Accident Insurance
http://www.moneycontrol.com/news-topic/personal-accident-insurance/
Beware of these five myths around term insurance Term insurance is the purest and cheapest form of life insurance. However, not many buy it, all thanks to these myths. Middle-class risks breaking banks for rising health costs The study is based on data obtained from 10,000 consumers across eight major cities, aged 25 to 45 and in the income bracket ranging from Rs 6 to 36 lakh annually. Got your first job? These three policies you must buy First job means a sense of achievement. However, one must also look at shouldering new achievements. Buying insurance can help you to with a strong base. Do not forget to buy personal accident insurance cover Personal accident insurance offers coverage from death, disability arising out of accident. At a very low premium it offers wide cover. Financial literacy: Way for financial empowerment of women Many women ignore personal finance. This can be detrimental to their financial health. It pays to know about the current situation and take charge of familys money matters. How to reduce your personal finance costs? Each transaction comes with some cost or the other. However, if you are willing to take some efforts you can reduce these costs Differently abled should know this before buying insurance There are many options for disabled insurance buyers. One should carefully study his needs before buying one. Also understand the tax benefits available for disabled persons. Customize motor insurance to suit your needs Modern day motor insurance policies come with many add on covers as compared to traditional motor insurance policies. One should understand the benefits and accordingly purchase the right cover Vista Equity to buy software maker Solera for $3.74 bn Vista expects the transaction to enhance its position as an acquirer of data companies and enterprise application software. The deal is the largest in Vista's history, according to a person familiar with the matter. Air bag makers eye boost from new India road safety rules In India, a person is killed in a road accident every four minutes - 141,000 in 2014 - yet less than a third of the 2.6 million cars sold each year have air bags in this cost-conscious market. Hospital daily cash allowance for accidental bodily injury FAQs What is a Personal Accident Insurance?Personal Accident Insurance provides a financial cover to an individual who had to suffer death / disability / dismemberment due to an accident. Why Personal Accident Insurance?A life insurance covers death and a health insurance covers hospitalization expenses. But if a person suffers a disability in an accident, neither of the two suffices enough to make up for his/her immense loss. That's where personal accident comes into picture and provides a financial cover to the sufferer. How much cover do I need?Ideally, it should be 10 times of annual income. Is there an age limit for opting Personal Accident Insurance policy?Personal Accident Insurance is open to everyone from the age of 18 years to 65 years. What kind of documentation is required?The best part of this type of policy is that it has hassle free documentation. Fill the complete proposal form with relevant details and sign it . Tick any one plan and attach a cheque or fill the credit card details in the form. It's that simple! |
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