Facts about Online Personal Accident Insurance India

It will not be out of context saying that ‘It is an accident

age’, if we have a cursory look all around – motor vehicle

accidents on roads and in villages, during stunts by

notorious elements, slips in home stairs, broken bones in

playgrounds, burns through Diwali crackers, gas cylinder

bursts, etc. Amidst this entire phobia about accidents

making a permanent place in our mind, what is the way

out? Nothing except that one is prompted to buy a

personal accident insurance policy for financial security

to be ensured in the event of the unforeseen accidental

tragedy happening all of a sudden. After the entire

eventuality like accident will not came calling. You have

to be prepared for its unexpected and sudden attack. In

a nutshell, you have to plan for buying a personal

accident insurance cover. Personal accident insurance is

a low premium policy and seeing the importance of it

covering you at every stage of life is offered along with

life insurance, bank savings account, other types of

insurances, etc. Some tag it with motor vehicle insurance

cover and the others, like banks, with credit card and so

on. A PSU insurance company may charge about Rs.985

per year for a cover of Rs.5 lakhs, while for the same plan

a private vendor may sell you the similar cover for about

Rs.1, 500 per year.

Note: It is better to spare a little more money and buy a

‘personal accident and disability policy’. It will

additionally cover you towards the unfortunate mishap of

temporary or permanent disablement. If the insurer has

opted for personal accident and disability cover, the

medical expenses accrued as a result of the accident will

also be entertained.

Personal Accident Insurance a Very Cheap Option Pretty nearly Rs.500 is the premium for a year for a

spread of Rs.10 lakhs. Under it, scope is offered for any

kind of mischance -

blankets street mishaps –

descending the stairs,

tumble from a tallness,

breaking a lower leg, hip,

bone amid games,

experiencing smolders cooking, or getting shocked by an

electric contraption, and so on. A far reaching

arrangement offers spread to policyholder versus all such

consequences. In the event that the guaranteed

purchases a spread against inability, the premium will be

a bit higher however the profit will be complex by

method for a spread for any sort of handy.

ONLINE PERSONAL ACCIDENT POLICY

At times the persons are perplexed as to how and where

to buy the insurance. There is nothing to worry on this

score. Without giving a second thought, just buy online

insurance at the very first instance. You have to be just a

little upfront and reach certain insurance providers to

send you online quotes for personal accident policy.

After having in hands certain quotes, now sit coolly in

your chosen environment and study the quotes

thoroughly, with a view to ensure availability of the

following facilities, inter-alia:

To offer a cover of Rs.20Lakhs at Rs.1250 per

month.

To offer a cover for Rs.2 per day.

Avail of a discount of 10% on total Premium on

buying the policy online.

Coverage of injuries & accidental losses.

Provision of lump-sum amount on accidental

death.

Know more about: Personal Accident Insurance

India.