A little extra planning can go a long way as accidents can unsettle your life in
a fraction of a second, leaving you and your loved ones in a difficult situation
both emotionally and financially. Despite all possible precautions, accidents may
occur anytime sometimes even resulting in death of the person. Personal Accident
Insurance cover gives protection and financial help against such unforeseen events.
You may save your medical expenses and get covered against accidental death, serious
injury or any disability.
You have to pay a monthly premium which normally remains the same during the length
of the policy. If you meet with an accident or suffer a serious injury before the
policy term ends, you will be entitled to a cash benefit. The cover will also ensure
that the benefit is extended to your family in case of a fatal accident.
The scope of cover and benefits differ between insurance companies, you may make
a comparison and buy the best plan for you. The types of coverage’s that are usually
provided under a PA policy include:
• Accidental Death
• Temporary or Partial Disablement
• Permanent Disablement
• Medical Expenses
• Hospitalisation Cash Benefits
• Corrective Surgery
• Funeral Expenses