Accidents are uncalled events and can occur anywhere, anytime. An accident can lead to bodily injuries, disabilities, and even death in the worst case. We all know that death caused due to an accident is unfortunate, but you can get financial coverage for yourself and your family with personal accident insurance.
With a personal accident insurance policy, you can get protection against any disability or death caused due to an accident. If the insured person dies due to an accident, the policy pays out a lump sum amount to the nominee mentioned by the insured in the policy. You can always get in touch with the experts of Niva Bupa and get a clear idea of the coverage options included in accidental insurance.
Why is Personal Accident Insurance Important?
Accidents come uninvited. Even though you drive safely, you can get involved in an accident because of someone else’s negligence. So practically, you must acquire personal accident insurance from the best health insurance company.
Mishaps can happen anywhere, anytime. Apart from road accidents, several tragedies can happen at the workplace or at home. There’s no denying that accidents are the leading cause of death and disability. Thus, a personal accident cover will provide you with all the requisite financial assistance that is required when the need arises.
What is Included Within a Personal Accident Insurance?
Personal accident insurance covers many conditions caused due to sudden, unintended accidental cases. Here is a comprehensive list of all the coverage you will get in personal accident insurance cover.
● Permanent Disability Cover
India’s best health insurance company provides permanent disability cover in a personal accident insurance. In case you are fully and permanently disabled due to an accident, the insurer will pay a pre-agreed amount to you.
● Accidental Death Cover
If you die due to any accidental case, the insurer will hand over the assured sum of money to your nominee who will be receiving the money on your behalf.
● Temporary Total Disability Cover
Accidents can lead to disabilities or death. If you meet with an accident that makes you bedridden for quite some time, then the insurer will pay the pre-agreed amount to you. With the received money, you can take care of all the expenses of your ongoing treatments.
● Permanent Partial Disability Cover
The insured is considered partially disabled if, as a result of an accident, he/she suffers the loss of limbs or vision and auditory disabilities. With this cover in your accident insurance, you will receive 100% benefit of the assured sum.
All the coverage mentioned above will surely aid you and your family. If you still don’t have personal accident insurance, get yourself one from Niva Bupa’s health insurance company.
What is Not Included Within a Personal Accident Insurance?
Personal accident insurance offers you coverage against injuries, disabilities, or even death caused due to accidents. But there are specific things that are not covered under the personal accident policy. Mentioned here is a list of exclusions under the personal accident insurance policy:
● Intentional Injury
If it is found that a person has filed a claim for an intentional injury, the claim will not be honoured under this policy.
● Sexually Transmitted Diseases Like AIDS or HIV
No claim will be honoured if the insurer suffers from an STD.
● Injuries From Foreign or Civil War
Accident claims will not be honoured if the accident is caused due to the participation in foreign or civil war.
● Injuries From Violent Public Disorders or Labour Disturbances
No claim will be honoured if the accident is caused due to any sort of labour disturbance or strike.
● Injuries From Consumption of Drugs or Alcohol
Any accident caused by drugs and alcohol will not be honoured under the policy.
● Injuries From Any Armed Force Duty
No claim will be eligible for an accidental case caused due to participation in any of the armed forces.
● Injuries From Adventure Sports
No claim will be honoured under this policy if it is determined that the policyholder has got injuries due to the participation in any adventurous sports.
● Accidental Pregnancy or Childbirth Related Issues
Claims that arise out of pregnancy or childbirth related issues will not be entertained.
● Claims Arising from Past Illnesses
If the claims arise out of past illnesses or sicknesses, the insurer will not honour any claim in this regard.
