WHAT IS PERSONAL ACCIDENT INSURANCE ?
A Personal Accident insurance policy is a plan which provides monetary compensation in the event of bodily injuries or disability or death caused solely by accidental, violent, visible and external events. Personal accident schemes cover the policyholder against death or disability due to an accident. The scope of cover and scale of benefits differ between insurance companies and you should therefore ensure that you purchase a policy which meets your requirements.
WHAT DOES PERSONAL ACCIDENT POLICY COVER?
- Hospitalization benefit
- Accidental death benefit
- Permanent Partial or Total disability benefit
- Temporary Total disability benefit
- Repatriation of Mortal Remains
