Benefits of Personal Accident Insurance
IndianMoney.com Research Team | Posted On Thursday, March 26,2009, 10:28 AM
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.
Get free Personalized Money tips!
- Get weekly tips on how to Save, Spend, Borrow, Invest Money wisely.
- Be the first one to know the new things happening in the world of Finance.
- Our free articles and tips will help you become a Financial Wizard.
