Personal accident insurance is a policy that covers medical expenses arising due to an accident. The policy also compensates the policy holder in case of partial or permanent disability. The family receives the lumpsum compensation amount in case of the policy holder's death due to an accident.
Accidents are uncertain and unfortunate. Life can take a turn for the worse in just a fraction of a second. Hence, it is crucial to have a reliable personal accident insurance policy.
The plan offers coverage against financial liabilities arising from a personal accident or injury, keeping your savings intact.
The plan offers coverage against all medical expenses incurred for the treatment of the injury and reimburses your medical bills.
The plan provides a daily cash allowance of Rs. 1000 per day for up to 30 days of hospitalization if your regular income is disturbed due to an accident.
Your medical expenses and your children's education fee are also covered under this insurance plan. In case of death or a permanent disability, the plan offers a sum amount for your child(ren) below the age of 19 years.
In case of a permanent total disability, get up to 125% compensation of the sum insured.
The plan offers a cumulative bonus ranging from 10 to 50% for every claim-free year.
Get faster claim disbursals processed within seven working days from the date of fulfilling all the requirements.
