Some unfortunate accidental occurrence might bring a huge financial burden to you and your family. Although you cannot guard against all uncertainties of life, you can always take steps to help you tide over such accidental events. Individual personal accident insurance can help to indemnify any such losses.
Individual personal accident insurance covers individual and his/her family against physical loss due to death or disablement arising out of accidental bodily injury anywhere in the world.
What is covered?
Any accidental injury being the sole and direct cause (within 12 calendar months) results in
Accidental death: up on the sum insured
Permanent Loss or disablement: up to the sum insured, with a range of benefits expressed as a percentage of the sum insured, depending upon the severity of the disablement
Temporary total disablement: At a rate per week specified in the schedule (up to 104 weeks)
Temporary Partial disablement: At a rate per week specified in the schedule (up to 104 weeks)
Medical Expenses: Reimbursement up to the amount of compensation specified in the schedule