alexa

Search in Indianmoney's WealthPedia

Home Articles Benefits of Personal Accident Insurance

Benefits of Personal Accident Insurance

IndianMoney.com Research Team | Posted On Thursday, March 26,2009, 10:28 AM

Benefits of Personal Accident Insurance

 

 

1. Accidental Injuries Benefits:

Coverage for specific injuries and losses you may suffer in a covered accident including burns, dislocations and fractures

2. Hospital Care Benefits

This coverage will help you with the hospital bills and expenses related to a covered accident. Such expenses include hospital admission, daily hospital confinement, intensive care, ambulance charges and emergency room expenses.
 
3. Accidental Death Benefits:
 
These benefits will help your family meet continuing needs in case of an accidental death. The death benefit is increased if the accidental death occurred on a common carrier such as a commercial airplane or subway system.

4. Claim Free Benefits

If the policy is claim free and is renewed without any break, the benefits under death and Permanent Total Disablement coverage are increased by 5% for every claim free year upto 25%.

5. No Medical Examination

No medical examinations or lengthy forms are required to enroll to Accident Shield Online

6. Other Benefits

  • It not only provides compensation to the family in case of the accidental death of the insured but also takes on the onus of providing the insured with compensation in case of injury, whether temporary or permanent.
  • This policy can also be expanded to cover actual medical expenses arising out of the accident
  • Hassle free in house claim settlement
  • Family discount of 10%
  • Some companies cover claims arising out of Terrorism or acts of Terrorism also.  

What is your Credit Score? Get FREE Credit Score in 1 Minute!

Get Start Now!
CIBIL Meter
Get It now!
Attention!

This is to inform that Suvision Holdings Pvt Ltd ("IndianMoney.com") do not charge any fees/security deposit/advances towards outsourcing any of its activities. All stake holders are cautioned against any such fraud.