alexa

Search in Indianmoney's WealthPedia

Home Articles Get Health Insurance for Injury

Get Health Insurance for Injury

IndianMoney.com Research Team | Posted On Wednesday, July 24,2019, 05:36 PM

5.0 / 5 based on 1 User Reviews

Get Health Insurance for Injury

 

 

Does my health insurance policy cover disabilities in accidents? It does cover if you had opted for a personal accident insurance rider. Ask for this rider while availing a health insurance plan.

Not all health insurance companies offer this facility. Some companies do offer a personal accident insurance rider by default for a higher premium.

Want to know more on Health Insurance? We at IndianMoney.com will make it easy for you. Just give us a missed call on 022 6181 6111 to explore our unique Free Advisory Service. IndianMoney.com is not a seller of any financial products. We only provide FREE financial advice/education to ensure that you are not misguided while buying any kind of financial products.

Health Insurance for Injury

Accident and Health Insurance

A health insurance policy covers expenses associated with accidents and healthcare. This policy can safeguard against road accidents. With so many health insurance policies in the market today, finding the one which matches your needs can be a herculean task. When it comes to accident and health insurance plans, you have a limited number of choices. Opt for the one which best suits your needs.

See Also: Exclusions of Health Insurance Policy

Personal Guard – Accident Health Insurance Policy

Bajaj Allianz, a well-known private general insurance company in India, offers highly customized insurance products. It has a plan called personal guard for people who seek cover against bodily injury or death in accidents. The plan assures peace of mind and complete financial security in case of unforeseen events like road accidents.            

 

Basic

Wider

Comprehensive

Health care expenses plus hospital confinement

Yes

Yes

Yes

Permanent total disability

No

Yes

Yes

Permanent partial disability

No

Yes

Yes

Temporary total disability 

No

No

Yes

Sum assured

Yes

Yes

Yes

Bonus for children’s education

Yes

Yes

Yes

Death

Yes

Yes

Yes

Prime Features of Personal Guard

  • The plan offers children’s education bonus in case of the death or permanent total disability of the policyholder.
  • It offers a family discount of 10%.
  • In the event of permanent total disability of the policyholder, the compensation is offered up to 125% of the sum assured.
  • The company gives a cumulative bonus of 10% per claim free year. It can go up to 50%.

See Also: Health Insurance Benefits

Premium Rate for Personal Guard

Your occupation determines the risk level to calculate premiums. Doctors, legal advisors, chartered accountants, teachers, architects and so on, fall under the risk category of level 1. Machine operators, drivers, garage mechanics, manual laborers, builders fall under the risk level 2. Similarly, circus performers, mountaineers, big game hunters come under the risk level 3.

Smart Individual Personal Accident Plan by Bharti AXA

Bharti AXA is a joint venture between the AXA Business Group and Bharti Enterprises. It also offers individual health insurance policies. Smart Individual Personal Accidental Plan is a health insurance plan, designed exclusively for accidents. It encompasses accidental death, dismemberment of limbs, permanent partial disability and temporary and permanent total disability. As per the latest reports, the plan is offered in 4 variants which include 1) Smart PA-Basic, 2) Smart PA- Standard without medical, 3) Smart PA- Standard, and 4) Smart PA – Gold.

See Also: Family Health Insurance Plan

Additional benefits of Smart Individual Personal Accident Plan

The policy basically offers cover for major injuries caused by accidents and also additional benefits like an education grant for children, hospital daily cash allowances, accidental medical expenses and so on.

You May Also Watch

Iframe Content

Keep your Financial Cognizance up to date with IndianMoney App. Download NOW for simple tips & solutions for your financial wellbeing.

Have a complaint against any company? IndianMoney.com's complaint portal Iamcheated.com can help you resolve the issue. Just visit IamCheated.com and lodge your complaint. If you want to post a review on any company you can post it on Indianmoney.com review and complaint portal IamCheated.com.

Be Wise, Get Rich

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.