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An ultimate guide for all the insurance seekers, to make smart decisions by accessing the articles based on insurance. Grab as much information as you can about insurance products, plans, coverage, and exclusion here !!
14-Nov-2022
Everyone wants to enjoy their life filled with every amenity, luxurious, and all life-supporting essentials. Financial stability and possession of all essential things are required to fulfill our ambition, career and education, health, and other regular expenses. But, these all can be hindered if any eventuality takes place. Any accidental casualty or disability and death due to accidental injury can be a predicament for the whole family of the deceased or injured one.
The accidental casualty can hamper the education of children, career, treatment expenses, and household necessities. To prevent any financial and monetary stringency during any accidental eventuality, one needs to secure himself with a Personal Accident Insurance Plan. It will make you stress-free and relaxed about future insecurities and accidental damage.
Accidental Cover Insurance provides financial security to the insured person in case of accidental bodily injury, death, permanent partial or total disabilities, and temporary total disablement due to an accident.
Types Of Accidental Insurance Cover
1. Individual Accident Insurance Plan: It solely offers insurance benefits to an individual in case of any accidental injury, disability, and death.
2. Group Accidental Insurance Plan: This plan is usually for employers to purchase accidental insurance packages for their employees.
What Your Personal Accidental Insurance Plan Covers
Personal accidental insurance not only offers you financial security for any future predicament or casualty but it actually provides some insurance benefits in its many forms such as insurance coverage for accidental death, total or partial disability, or an accidental injury that results in temporary disablement.
Let us discuss what comes under Personal Accidental Insurance Covers.
1. Accidental Death Cover: If a policyholder dies due to accidental harm, a total lump sum of his policy would be given to the nominee registered in the insurance plan.
2. Permanent Total Disability Cover: Any accident resulting in lifelong impairment or permanent total disability of the body parts such as limbs etc. is covered under an Accidental Insurance policy.
3. Permanent Partial Disability Cover: If an accidental injury results in partial disability of the body parts, then a specified insurance amount would be paid to the insured person.
4. Temporary Total Disability: If the policyholder gets injured which results in temporary disability for a short period of time such as being bedridden or fractured etc., then a compensation amount would be credited to the insured person's account to pay their bills, EMI, and daily household expenses.
Buy A Personal Accidental Insurance Plan With Policy.Online
Policy.Online is an online insurance broker company that provides various insurance plans from IRDA-approved insurance companies in India. Policy.Online help you in choosing a suitable insurance plan in the following ways:-
1. Get personalized quotes from top Indian Insurers.
2. Avail of accidental insurance plan at flexible premium amount.
3. Online platform to compare various accidental insurance policies.
4. IRDAI-approved insurance companies.
Benefits Associated With Buying a Personal Accidental Plan
You can get several financial and other insurance benefits by opting for a suitable accidental policy for yourself. Some major benefits of buying an accidental plan are mentioned below.
Financial Security For You & Your Family
Under this plan, you and your family would become financially stable for any unexpected incident that may cause serious harm to you. It provides monetary benefits to you in case of accidental damage or transfers a lump sum amount in case of the death of an insured person.
Provide Hospitalization Expenses
In case of accidental injuries or damage, it fulfills a medical expense and hospitalization charges to facilitate an emergency treatment for your injury. Therefore, it also acts as a health insurance plan to deal with any medical emergency due to an accident.
Regular Financial Allowance For Household Things
Regular Financial Allowance For Household Things
If you are bedridden or have some physical injuries that do not allow you to go to the office or workplace. In that case, you need financial assistance to deal with regular household expenses. It also helps you to pay your bills, EMIs, and other charges.
No Interruption In the Education Of Your Child
You would get financial backing for the tuition fees of your child. An insurance company sometimes offers an additional benefit to cover the school/college fees of your child so that it would not hamper their studies.
Easy Claim Process
This is the main advantage of a personal accidental insurance plan which is desired by every policyholder. Easy and fast claim processing helps an insured person to get all accidental benefits on time during an emergency.
So, Buy Accidental Insurance for you and your family with Policy.Online today!
