Personal Accident

Personal Accident

WHY PERSONAL ACCIDENT POLICY?

Crisis and accidents are our life s worst nightmares that can come true anytime, anywhere to anyone. Disasters always strike us out of blue, unannounced and without notifications. An accident can happen in a flash of a second but leaves a scar for a lifetime. It can wreak havoc both financially and emotionally. A loss of life or a partial loss of sight or physical disability is not an easy thing to cope with. We cannot predict what's going to happen next, but can always plan our future well by buying a Personal accident policy.

A Personal Accident policy assures financial stability in such unfortunate cases and covers death, physical injuries and bodily burns. The personal accident insurance helps you cope with the sudden financial burden and also brings your life back on track by providing a strong cover and protection. By buying a personal accident plan, you don't just invest in a policy but buy peace, safety and security for the entire family.

An ideal personal accidental insurance policy providing compensation to individuals against disabilities caused by accidents. This personal accident plan provides an option to include spouse and dependent children also and provides coverage on a worldwide basis. Personal accidental policy premium amount is definitely a price worth paying for complete peace of mind.

WHY CHOLA ACCIDENT PROTECTION POLICY?

'Chola MS individual personal accident policy offers you the security of your future as well as that of your family in case of an unfortunate event or a sudden accident. Our individual personal accident insurance policy make sure your family gets all the desired support in case of such disaster. Individuals or family members become eligible for weekly compensation in case of loss of income caused by disability or death due to an accident.

Our personal accidental insurance policy also provides compensation in the case of fractures caused by an accident. For unfortunate cases, where the accident insurance policy holder faces permanent disability, reimbursements are offered for modifications that might be required for the home or vehicle. Family transportation costs are also covered by our Chola MS accidental policy in India.

If the Insured is a student, he or she can be reimbursed for tuition fees following an accidental injury. Also, a daily allowance for hospitalization is provided according to the personal accident policy premium in the case of an accident. In the most unfortunate cases if a policy holder faces loss of life then the personal accident policy has a clause of taking care of all costs up to post-cremation or burial.

Before understanding why it is important to have personal accident insurance, let us understand what is personal accident insurance.

It is quite difficult to predict or estimate as to when an accident or crisis can occur. Appearing out of the blue, they can leave long-lasting damages. Often a financial and an emotional burden to many, it is not an easy situation to cope up with. Despite the unpredictability of it, we can always be prepared for it with the right measures in place. Such a measure would be the personal accident policy.

This policy helps assure a stability in terms of finances in such unfortunate circumstances and covers death, physical injuries and bodily burns The unexpected financial burden that is often inevitable in such cases is covered and helps regain control of the situation to bounce back on our feet, as soon as possible! With Personal accident insurance, you invest in peace, safety and security for members of the entire family.

Ideally, a personal accident cover gives you the option to include coverage for spouse and dependent children, worldwide. It even compensates individuals for disabilities that may have been caused due to certain accidents.

What are the reasons to buy personal accident insurance? Well, investing in such a policy makes sure that your family gets the required support in the event of certain disasters. Members of the family are eligible for weekly compensation in the case of loss of income due to a disability or death caused by an accident.

From fractures to unfortunate permanent disabilities in the case of such unforeseen events, the policy will provide compensations and reimbursements for any modifications that may be required for the home or vehicle. In India, Chola MS also covers the costs for family transportation.

If the insured is a student, the individual can be reimbursed for the tuition fees following an accidental injury. Daily allowance for hospitalization expenses are also provided by personal accident insurance, depending on the premium. In an unfortunate circumstance of death due to an accident, as per the policy's clause, all expenses up to post-cremation and burial is taken care of.

Before understanding why it is important to have personal accident insurance, let us understand what is personal accident insurance.

It is quite difficult to predict or estimate as to when an accident or crisis can occur. Appearing out of the blue, they can leave long-lasting damages. Often a financial and an emotional burden to many, it is not an easy situation to cope up with. Despite the unpredictability of it, we can always be prepared for it with the right measures in place. Such a measure would be the personal accident policy.

This policy helps assure a stability in terms of finances in such unfortunate circumstances and covers death, physical injuries and bodily burns The unexpected financial burden that is often inevitable in such cases is covered and helps regain control of the situation to bounce back on our feet, as soon as possible! With Personal accident insurance, you invest in peace, safety and security for members of the entire family.

Ideally, a personal accident cover gives you the option to include coverage for spouse and dependent children, worldwide. It even compensates individuals for disabilities that may have been caused due to certain accidents.

What are the reasons to buy personal accident insurance? Well, investing in such a policy makes sure that your family gets the required support in the event of certain disasters. Members of the family are eligible for weekly compensation in the case of loss of income due to a disability or death caused by an accident.

From fractures to unfortunate permanent disabilities in the case of such unforeseen events, the policy will provide compensations and reimbursements for any modifications that may be required for the home or vehicle. In India, Chola MS also covers the costs for family transportation.

If the insured is a student, the individual can be reimbursed for the tuition fees following an accidental injury. Daily allowance for hospitalisation expenses are also provided by personal accident insurance, depending on the premium. In an unfortunate circumstance of death due to an accident, as per the policy's clause, all expenses up to post-cremation and burial is taken care of.

So invest in personal accident insurance to invest in peace and security for your family.

Benefits:

This personal accident insurance policy provides the following additional benefits in addition to basic coverage for Accidental Death, PTD and PPD:

Weekly Compensation: Compensates for loss of income due to a disability caused by accident.

Broken Bones: Fixed compensation in the event of fracture of bones due to an accident.

Modification of Residences / Vehicle: In the event of permanent total disability, we reimburse the expenses incurred for modifying residential accommodation or own vehicle.

Family Transportation Benefit Covers: Expenses towards transportation of the family member to the location of the insured incase of Accidental Death / Permanent Total Disability.

Fee for Private tuition: Compensation towards the tuition fees if the insured is not able to attend school / college due to an accidental injury.

Hospital Daily Cash: Provides a daily allowance for hospitalization due to an accident.

Repatriation of Mortal Remains from the accident site to hospital, residence or cremation ground.

Cost of Cremation Ceremony to perform religious ceremonies up to the time of or post-cremation.

Benefits of personal accident insurance, features of personal accident insurance

Accidents are highly unpredictable and can often result in a lot of damage. It takes a toll on mental health and finances. They sometimes lead to death or permanent disability of an individual which can be very difficult to cope up with. Despite being unable to predict our near future we can always stay prepared for what lies ahead with a proper Personal Accident cover in place.

What are the features of personal accident insurance?

This policy helps with your financial stability and helps cope with cases of death, injuries or bodily burns. With a strong cover and protection for the insured, it is a policy dedicated to helping someone get back on their feet and meet the financial liabilities that arise.

The policy compensates an individual for disability as a result of an accident. You can even include your spouse and dependent children under the plan coverage on a worldwide basis. The price for this policy is worth paying to secure the safety and peace of your loved ones.

Let's take a look at the benefits of personal accident insurance:

- Weekly compensation: Compensates for loss of income due to disability as a result of an accident.

- Hospital Daily cash: A daily allowance is provided for hospitalization expenses due to an accident.

- Fee for Private Tuition: This is a compensation towards the insured’s tuition fees if the insured is unable to attend school/college due to an accidental injury.

- Family Transportation Benefit Covers: Expenses towards transportation of the family member to the location of the insured in case of accidental death or permanent total disability.

- Modification of Residence/Vehicle: Expenses incurred having to modify the insured's home or vehicle in the case of permanent total disability.

Get affordable Personal Accident covers with Chola MS and invest in your family's safety and peace of mind.