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Personal accident insurance

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Day One Coverage
Protection against Income loss (TTD)
Accidental Death (of any nature)
Broken Bones and Burns
Permanent Total Disability (PTD)
Education and Tuition Fees cover
Permanenet Partial Disablity (PPD)
Legal and Funeral Expenses cover
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What Is Personal Accident Insurance?
Personal accident insurance as the name suggests is your financial safety net against unforeseen events leading to physical disability or death. This policy gives crucial support to beneficiaries. It covers hospitalization coverage, hospital confinement allowance, and medical cost coverage are also included under those plans.
There is a budgetary burden associated with out-of-pocket bills accrued as a consequence of an injury, such as co-pays and the deductible deficit, as well as non-medical expenditures such as additional babysitting or taxi service when you are unable to travel. Many companies believe in investing in personal accident insurance for employees working for them.
This is how a personal accident insurance policy benefits you:
  • 1. Your nominee will receives 100% of the sum insured in case of his dealth.
  • 2. In the event of Permanent Total Disablement, you will be paid the whole amount covered.
  • 3. In cases of fractured bones, wounds and partial disability a compensation of up to 10% is given.
  • 4. Provides daily cash to the patient when he or she is in the hospital for care as a kind of financial relief
  • 5. Ambulance bills accrued since the crash are often reimbursed according to the scheme
  • 6. There are no medical checks or paperwork required
  • 7. While some plans may can accommodate the whole family, others cover your spouse and kids for a 50% and 25% of the sum insured respectively
Types of Personal Accident Insurance Policy:
There are two types of two-wheeler insurance policies available in India:
  • Individual Personal Accident Insurance
    • This type of supplemental protection helps you in the event of bodily injury in the case of an actual policyholder’s accident. In certain cases, the insurer includes sudden death, leg or sight injury, among any lifelong injuries caused by an injury
    • The Individual Personal Accident Insurance policy is better for self-employed people, salaried people, and people who own a company. Certain insurers often have an academic bonus in their policies.
    • In the event of death or an application for permanent complete disability, the victim’s child is entitled to financial assistance for tuition at a government-approved educational institution.
  • Group Personal Insurance Policy
    • Employers also receive this personal accident protection to include compensation for their workers. These policies are excellent benefits for small businesses since they are inexpensive to procure
    • As opposed to individual accident insurance, group accident insurancepolicy offers less coverage. On the other hand, most insurers have full coverage in the event of the insured’s death, immediate partial disablement, or permanent total disablement as a result of injuries arising somewhere in the world
There are various types of personal accident insurance coverage(s):
  • 1. Accidental Death Coverage In case of a persons death, the accidental death coverage pays benefits
  • 2. Permanent Disability Coverage If an injury results in permanent impairment, the policyholder would be paid
  • 3. Permanent Partial Disability Coverage If the insured has a permanent partial disability due to the crash, the amount guaranteed would be paid out in full.
  • 4. Temporary Total Disability If the insured is involved if has him or her bed-ridden for an extended period, the policyholder would be paying a pre-determined sum.
  • 5. Dismemberment Certain personal liability insurance schemes cover dismemberment of some kind due to an injury, whether at work or on the road. A pre-determined amount of the Sum Insured would be charged to a personal injury insurance policyholder who damages arms, legs, toes, eyes, fingertips, and other body parts due to an accident.
  • 6. Burns Most personal injury insurance providers provide this optional additional benefit to protect policyholders from death owing to burns from chemicals, explosions, and other causes
  • 7. Age Personal injury insurance is available to those under the age of 65. Before purchasing personal injury insurance in India, it is recommended that you compare personal accident policies. Benefits and coverage can differ from one provider to the next, so it’s crucial to shop around for a personal injury policy
Help Section/FAQ:

Follow the easy steps: Share your details with Laxmi, she will suggest the best policy as per your requirement and her AI enabled expertise, purchase your customized recommendation that comes to you at an exclusive discount with the help of your work email id.

No, your parents cannot be covered under this policy.

Anyone below 65 years of age can opt a personal accident insurance policy.

The process is simple. Our experts will let you know the set of documents required. You can email or call your RM who gets allocated to you once you buy policy from elephant. Your dedicated RM will help and let you know the et of documents required to claim

Type of plan, Premium, Policy coverage, Insurer, Benefits, Coverage Abroad, Benefits to family, Exclusions, and Claim settlement process.

Yes, the policies can cover your spouse, upto 4 children, 2 parents and 2 in-laws.

Secutity and stability in case of accidental death, permanent total disablement, permanent partial disablement, burns, fractures etc., along with financial support for families and reconsruction surgeries.

When your job requires frequent commute using any mode of transport. No rode gurantees a safe passage. It is better to insure your life, surgeries and your dependent family’s needs.

Many plans provide worldwide emergency assistance services, inclusive of air ambulance.
Alliance Insurance Brokers Pvt. Ltd.
8th Floor, Gold Crest, 10th Road, Juhu, Vile Parle (W), Mumbai 400 049, India
Email
Monday - Saturday
9:30 am - 6:30 pm IST
CIN: U67200MH2003PTC141621
IRDAI Registration No.: 217
Valid from : 13/10/2021 to 12/10/2024
Category : Composite Broker
Principal Officer Name: Mr. S. V. Thakkar
CIN: U67200MH2003PTC141621
IRDAI Registration No.: 217
Valid from : 13/10/2021 to 12/10/2024
Category : Composite Broker
Principal Officer Name: Mr. S. V. Thakkar
*All discounts provided by insurers as per IRDAI approved insurance plans. Standard T&C apply.
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