Personal Accident Insurance - Niva Bupa

1. Personal Accident Insurance

2. Personal Accident Insurance is a type of insurance policy that provides coverage in the event of accidental injuries or death. It is designed to protect individuals from financial hardships resulting from accidents, such as medical expenses, disability, or loss of income. Here are some key features and coverage options commonly found in personal accident insurance policies:

3. Accidental Death Benefit: This provides a lump sum payment to the beneficiary designated by the insured if the insured person dies due to an accident . Permanent Total Disability Benefit: It covers a lump sum payment if the insured person becomes permanently and totally disabled as a result of an accident. The disability typically needs to be verified by a medical professional.

4. Temporary Total Disability Benefit: It offers coverage for a certain period if the insured person is temporarily unable to work due to an accident-related injury. The benefit usually provides a percentage of the insured person's income during the disability period. Medical Expenses Reimbursement: This covers the medical costs incurred due to accidental injuries, including hospitalization, surgery, medication, and rehabilitation. The policy may have specific limits and exclusions for certain treatments or pre-existing conditions. Accidental Disablement Benefit: It provides a benefit if the insured person suffers from partial disability or specific types of injuries as a result of an accident. The benefit best health insurance in india amount is typically determined based on a schedule of disabilities outlined in the policy. Ambulance Benefit: This covers the cost of ambulance services required due to an accident.

5. Tip Personal Accident Insurance is a type of insurance policy that provides coverage in the event of accidental injuries or death. It's important to review the policy terms and conditions carefully to understand the specific coverage, exclusions, limits, and claim procedures. Personal Accident Insurance is often purchased as a standalone policy, but it can also be included as a rider or add-on to other insurance policies, such as life insurance or health insurance, depending on the insurance provider and their offerings.