Personal accident insurance is a health insurance policy that covers expenses incurred by the policyholder on the treatment of bodily injuries resulting from an accident, fire, explosion, etc. In this policy, the insured/dependents get compensation for hospitalization expenses to treat accidental injuries, permanent and total disabilities and even accidental death.
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
*Tax benefit is subject to changes in tax laws. Standard T&C Apply
My name is
My number is
My name is
My number is
Select Age
City Living in
Popular Cities
Do you have an existing illness or medical history?
This helps us find plans that cover your condition and avoid claim rejection
What is your existing illness?
Select all that apply
When did you recover from Covid-19?
Some plans are available only after a certain time
If you have personal accident insurance and want to buy some add-on covers to enhance your coverage benefits then you can check out the list in this page below. But before that let’s take a look at some important stats related to personal accident insurance in India.
In the financial year 2020, personal accident insurances covered more than 1.5 billion lives in India. Private insurance companies covered more than double of what it was in the previous year.
Number of lives covered under personal accident insurance from FY 2014-2020, sector-wise
Life is full of uncertainties and risks. And in India where most of the families have a single earning member, the need for insurance is all the more. Imagine, if the primary earning member of the house gets partial disabilities or permanent disabilities due to an accident, then it can be emotionally and financially devastating for the entire family. To ensure financial protection during such times, a personal accident policy becomes a must.
Here are some of the benefits that it offers:
Also, if you have a critical illness policy then you can check with your insurer if you can get a Personal accident cover as an add-on or you can just buy a standalone PA cover.
In addition to the above-mentioned four personal accident insurance benefits, you can opt for the ones given below. Some plans would have these benefits in-built while some will give an option to buy them as an add-on:
Bottom-line
So, this was all about Personal accident cover and its add-on benefits. You can choose to buy any of these add-ons as per your needs. You can buy it online from Policy Bazaar and seek guidance to choose the best insurance policy from top insurance companies. Our experts will provide you fair opinion to help you find what you are looking for.