Life is indecisive. An unforeseen situation may come knocking on your door any time. One must buy insurance to protect oneself or loved ones against such adversities. While an adequate life insurance plan ensures the comprehensive financial safety of your family, health insurance plans assure quality health care for you and your family, keeping you on the safe side during medical emergencies.
Is that enough or are we missing out on something important?
Well, what if an accident or critical illness causes total disability and leaves you unable to earn any income. Remember, not all life insurance or health insurance products compulsorily provide accidental coverage. So, in case your insurance plan doesn’t cover accidental death or disability, you’ll need to ensure something can help you bridge this gap.
We’re sure you’re wondering how to do it?
You’ll need to ensure Personal Accident Cover. Though it offers very little and specific coverage, it is better than nothing. You can add this accidental rider with a regular health insurance plan to maximize your policy benefits. However, it makes sense to carefully compare health insurance plans on parameters such as inclusion of accidental cover, and availability of personal accident rider before zeroing in on something.
Personal Accident Cover offers financial assistance to the family of the insured in case of unforeseen events such as an accident. Under this plan, the policy holders, family members or the nominees named in the policy are entitled to avail the sum insured in case of injury, death, permanent disability, total or partial disability caused to the policy holder by an accident. The plan includes accidental events by rail, road, air, injury due to the collision, burn, fall, drowning, etc.
Personal Accident Policy offers financial assistance in case of:
However, it is not necessary that a plan includes all the four benefits mentioned above. So, carefully read the terms and conditions when investing your hard-earned money on health insurance plans. It makes sense to carefully go through the fine prints and understand the terms and conditions of the policy to ensure complete benefits without any hassles.
Personal Accident Cover does not offer coverage for:
Take a moment to think how your family will survive if an accident leaves you disabled? We’re sure you’ll agree that the situation, in such an event, will be drastic especially if you’re the breadwinner of the family. Will your family endure the ever-rising medical bills, EMIs or other household expenses?
We guess not! And, we’re sure, like everyone else, you too don’t want your family to face such situation. Buying personal accident cover is the only solution to such affairs.
Check the below-mentioned advantages of getting insured with a Personal Accident Cover-
Don’t forget to read policy wording carefully. More or less many health insurers offer accidental coverage up to a certain level. However, there is no hard and fast rule that your policy will cover all medical expenses or accidental claims. The insurance companies may apply their own terms and conditions and you are bound to follow them.
Thus, read, understand and compare health insurance plans, before buying an insurance policy. And, we believe you wouldn’t mind paying a little extra to fortify the financial security of your loved ones.
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