Is a policy that can reimburse your medical costs, provide compensation in case of disability or death caused by accidents. Accidental death If the policyholder dies in an accident then his nominee gets accidental death compensation. The family is financially secure in this situation.
Personal accident insurance – is an agreement between the insurance company and the person insured where the former will provide financial compensation to the latter or his/her family in case of permanent disability/death caused directly and only due to any accident.
Group Personal Accident Insurance – provides a comprehensive coverage for all expenses associated with accidents. In case of the accidental death of the insured, 100% of sum insured is paid to the nominee. … This policy provides protection against insured’s burns arising due to an accident.
Student Personal Accident –