Personal accident insurance protects against accidents and the associated effects on life. Despite all safety precautions, there are accidents that result in injury or death. Therefore, it is important to be safe enough to avoid situations in which the family must suffer the worst part of the sudden financial impact of the accident misfortune.
Accident insurance offers the insured a personal injury repair due to an accident caused by force and external influences.
The policy provides the insured person or family member with substantial financial support in the event of an unfortunate setback by leaving their mark on their lives.
Investing in personal insurance provides guaranteed protection regardless of when and how accidents occur. The policy provides security against unexpected medical expenses and daily life.
An insured person receives, in addition to the medical reimbursement for the hospital stay, a lump sum in case of injury or death. Personal protection provides additional benefits such as family transportation, blood consumption, vehicle repair, child rearing, etc. and change of residence.
Buy personal accident insurance
It is always advisable to read the terms and conditions of a policy. Health or life insurance does not provide total protection against the various threats to which the insured or their families are exposed in an accident.
Verify that in case of death of the insured, compensation is paid to the family.
Personal accident insurance
In case of accidental death, the nominee will receive compensation for the amount of the sum insured. If the insured person has a permanent disability due to permanent disability within the year after the accident, a certain amount of the insured amount will be paid.
Personal accident insurance provides the insured person with compensation only directly or as a direct result of an accident.
Optionally, it can be claimed that family allowances provide additional coverage as an educational allowance for the upbringing of the insured’s children in case of death.
The holder of personal insurance receives the total amount insured as a benefit, if an injury leads to inability to work and loss of income.
Guidelines for the elimination of personal accidents.
Any existing disability or injury is not insured. If the Insured suffers injuries or death due to negligence or driving under the influence of alcohol or drugs, such claims will be rejected.
Compare quotes online for personal accident insurance is a contract between an individual and an insurance company in which the insurance company undertakes to pay a fixed cash benefit in the event of death or permanent disability as a result of an accident in exchange for the payment of premiums paid by the insured person.