Personal Accident Insurance Plans in India Best Policy online

Personal Accident Insurance

The main purpose of personal accident insurance is to pay fixed compensation for death (or) disablement resulting from accidental bodily injury. The personal accident policy provides that, if at any time during the currency of personal accident policy, the person who has taken the policy shall sustain any bodily injury resulting solely and directly accident caused by external violent and visible means, then the insurance company shall pay compensation.

Personal accident insurance is mainly introduced to cover the policyholder against death (or) disability due to an accident. You can take a Personal Accident policy not for yourself but also can take a group policy for your family, protecting you and them anywhere in the world, anytime of the day. The Coverage is same under individual personal accident except the cumulative bonus.The sum insured is fixed separately for each insured person. Personal Accident Insurance provides 24-hour worldwide insurance protection.

All general insurance companies offer personal insurance. Personal Accident Insurance Sbi is mainly designed to cover the Loss of life,disabilities etc., and keep you and your family’s securely with SBI Individual Accident Insurance Policy.

You can calculate the premium with personal accident policy premium calculator for that you need to enter some details like policy holder name,sum assured etc.

Personal Accident Insurance Keyfeatures:

Some companies covers claims arising out of Terrorism or acts of Terrorism
No health check-up required for policy issuance
Worldwide coverage of the policy
It gives coverage starting from 5 lacs to 50 lacs
Free lookup period of 15 days
5% per claim free year to a maximum of 50%.
Family discount of 10%

Personal Accident Insurance Policy have special type of benefits like:

If the Insured Person is in the event of death then the company will pay the amount of compensation under personal accident insurance policy are 100% of Capital Sum Insured.
Permanent Total Disablement which means the insured person gets any sudden effect in their body example: paralysis, then he can get the 100% of capital sum insured under personal accident policy.
Loss of Two Limbs: 100% of capital sum insured.
Loss of Two Eyes: 100% of capital sum insured.
Loss of one limb (or) one eye: 50% of capital sum insured these are the benefits of Accident Insurance Policy.

Types of coverage normally provided under a Personal Accident Insurance Policy include:

Accidental death.
Permanent disablement.
Temporary total or partial disablement.
Medical expenses.
Corrective surgery.
Hospitalisation benefits.
Funeral expenses.

Example:

For example, Mr.Kunal had met with an accident and he had taken the accident insurance policy then the hospitalization benefit can be availed of only if he is admitted within seven days of the accident and is hospitalized for at least 24 hours. And his leg was fractured it is a temporary disability, he have taken a cover against it, So the company will pay a weekly sum of Rs 5,000 for up to two years. If he died he can get the 100% of sum insured.

Personal Accident Insurance plans For Different General Insurance Companies

1. AEGON Religare General Insurance Company Plans.

No Personal Accident insurance Plans available.

6. Cigna TTK Health Insurance Company.

No Personal Accident insurance Plans available.

7. Export Credit Guarantee Corporation of India

No Personal Accident insurance Plans available.

8. Future Generali India Insurance Company.

Future Generali Personal Accident Insurance Plan

9. HDFC ERGO General Insurance Company.

HDFC Ergo Personal Accident insurance Plans.