“Personal accident insurance is a policy that can reimburse your medical costs, provide compensation in case of disability or death caused by accidents. ... The policy also covers loss of speech, loss of vision in both eyes, and hearing loss in both ears.
Most personal accident policies pay out lump sum benefits when the policy terms are satisfied - which usually means when the consumer dies or suffers bodily injury as a result of an accident or unforeseen event. Generally, personal accident insurance policies cover as standard: death. Permanent total disablement; over Death, Disablement, In-patient, Out-patient & much more. Sum Insured from 20L to 50L. Accidental Death Cover. Incidental Expenses. Restore Benefit. Transportation Expenses. Insurance coverage: Permanent Disablement, Temporary Disablement, Partial/Total Disablement.