Personal Accident Insurance

Personal accident insurance provides financial support if you suffer an injury, disability, or loss of life due to an unexpected accident. It acts as a safety net during situations where sudden events can affect your income and daily life.

Accidents can happen anytime—at work, on the road, while travelling, or during routine activities. This cover helps reduce the financial burden on you and your family by offering timely support when it is needed the most, ensuring stability and peace of mind during difficult times.

What Does Personal Accident Insurance Typically Cover?

A standard personal accident insurance policy is designed to provide financial support in the event of serious injuries caused by accidents. It generally includes protection under the following key areas:

Accidental Loss of Life

Provides a lump-sum payout to your family in case of death due to an accident.

Permanent Total Disability

Offers financial compensation if an accident results in a disability that permanently affects your ability to work.

Permanent Partial Disability

Covers loss of specific body parts or functions, such as loss of a limb, finger.

Temporary Disability

Provides income support if injuries prevent you from working for a temporary period during recovery.

Personal Accident vs Health and Life Insurance

Each type of insurance serves a different purpose. Understanding the difference helps you know why personal accident insurance is an important additional cover.

Health Insurance

Helps pay for medical expenses related to illness or injury, such as hospitalisation and treatment costs.

Life Insurance

Provides financial support to your family in case of death, regardless of the cause.