Protect Yourself From the Financial Impact of Accidents
Personal Accident Insurance provides financial protection against specified accidental events such as accidental death and covered disabilities.
An unexpected accident can affect your income, mobility and family’s financial security. A suitable personal accident policy can provide an additional layer of financial protection.
Get Personal Accident Quote
What Is Personal Accident Insurance?
Personal Accident Insurance is designed to provide financial benefits when an insured person suffers a covered injury, disability or death resulting from an accident.
Unlike regular health insurance, which primarily focuses on eligible medical and hospitalization expenses, Personal Accident Insurance can provide specified financial benefits for covered accidental events.
- Accidental death benefit
- Permanent total disability benefit
- Permanent partial disability benefit
- Temporary disability benefit in eligible plans
- Accident-related medical expense options
- Affordable additional financial protection
Why Choose Personal Accident Insurance?
Accidents can create financial challenges beyond immediate medical expenses. Personal Accident Insurance can provide additional protection for specified accidental events.
Family Financial Protection
Accidental death benefits can provide financial support to eligible nominees following a covered accidental death.
Disability Protection
Specified permanent or temporary disabilities may qualify for benefits according to the policy’s terms and benefit schedule.
Income Support
Some policies provide temporary disability benefits that can help during a period when the insured cannot work due to a covered accident.
Accident Medical Protection
Certain plans or add-ons may cover specified accident-related medical expenses subject to applicable limits.
Travel Protection
Depending on the policy, specified accidental events occurring during travel may be covered within the applicable geographical limits.
Affordable Additional Protection
Personal Accident Insurance can complement your existing health insurance with accident- specific financial benefits.
What Does Personal Accident Insurance Cover?
Coverage varies between insurers and plans. Common benefits may include the following.
Accidental Death
If the insured person dies as a result of a covered accident during the policy period, the applicable benefit may be paid to the nominee, subject to policy conditions.
Permanent Total Disability
A specified permanent total disability resulting from a covered accident may qualify for the applicable benefit according to the policy.
Permanent Partial Disability
Certain permanent partial disabilities may be covered according to the percentage or benefit schedule specified in the policy.
Temporary Total Disability
Some plans provide periodic benefits when an insured person is temporarily unable to work due to a covered accident.
Accident-Related Medical Expenses
Depending on the plan, specified medical expenses resulting from a covered accident may be included subject to applicable limits.
Ambulance / Transportation Benefits
Certain plans may provide benefits toward eligible ambulance or transportation expenses following a covered accident.
Types of Personal Accident Insurance
Choose coverage based on your individual, family or organizational requirements.
Individual Personal Accident Insurance
Designed to provide accident protection for one individual. It may be suitable for salaried professionals, self-employed individuals, business owners and other eligible individuals.
Family Personal Accident Insurance
Selected policies may provide accident protection for multiple eligible family members under one arrangement, subject to policy rules.
Group Personal Accident Insurance
Organizations can provide accident protection to eligible employees through a group personal accident policy.
Accident Insurance for Workers
People working in physically demanding occupations may consider additional accident protection, subject to insurer eligibility and policy terms.
Who Should Consider Personal Accident Insurance?
Accident protection may be useful for people with different lifestyles, occupations and financial responsibilities.
Working Professionals
Self-Employed Individuals
Business Owners
Frequent Travelers
Primary Income Earners
Outdoor Workers
Daily Commuters
Anyone Seeking Extra Protection
Personal Accident Insurance vs Health Insurance
Both policies serve different purposes and may complement each other.
| Personal Accident Insurance | Health Insurance |
|---|---|
| Focuses on specified accidental events | Primarily covers eligible medical expenses |
| May provide fixed benefits for covered accidental disability | Generally pays eligible hospitalization and treatment expenses according to policy |
| May provide accidental death benefit | Generally not designed as an accidental death benefit |
| Can provide disability-related benefits | Coverage depends on the selected policy |
| Can complement health insurance | Provides broader medical expense protection |
Factors to Consider Before Buying
Compare the complete policy rather than looking only at the premium.
Sum Insured
Consider your income, financial responsibilities and family’s needs when choosing the coverage amount.
Disability Benefits
Check how permanent total, permanent partial and temporary disability benefits are defined.
Occupation
Premiums and eligibility can vary depending on occupation and associated risk.
Exclusions
Carefully review activities, events and situations that are not covered.
Medical Expense Limits
If accident-related medical expenses are included, check applicable limits and conditions.
Claim Process
Understand accident notification requirements and documentation needed for claims.
Common Exclusions
Exact exclusions depend on the insurer and selected policy.
Examples of situations that may be excluded
- Self-inflicted injury or specified intentional acts
- Certain criminal or unlawful activities
- Certain hazardous activities
- Participation in specified dangerous sports
- Accidents involving intoxication where excluded under the policy
- War or specified war-like events
- Other exclusions specifically mentioned in the policy wording
Personal Accident Premium Calculator
Calculate an illustrative annual premium based on age, occupation risk and selected cover.
Estimated Annual Premium
Get a Personal Accident Insurance Quote
Share your details and requirements. Our team can contact you regarding Personal Accident Insurance options.
By submitting this form, you agree to be contacted regarding your Personal Accident Insurance enquiry.
How to Buy Personal Accident Insurance
A simple process to explore suitable accident protection.
Share Your Requirements
Provide your age, occupation, desired coverage and basic personal details.
Compare Coverage
Review the available sum insured, accidental death and disability benefits.
Check Policy Terms
Review exclusions, eligibility, benefit schedules and applicable conditions.
Submit Information
Complete the required proposal and documentation requested by the insurer.
Policy Processing
The insurer reviews the information and processes the policy according to its underwriting rules.
Receive Protection
Once issued, your policy provides benefits according to the applicable policy terms.
Personal Accident Insurance FAQs
Frequently asked questions about Personal Accident Insurance.
Add an Extra Layer of Accident Protection
Explore Personal Accident Insurance options based on your financial responsibilities, occupation and protection requirements.
Get a Personal Accident Quote