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Lifesafe-Insurance Company HTML Template

Personal Accident Insurance Detail

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Key Advantages

Financial Security Income Protection Peace of Mind

Eligibility and Coverage Limits

Comprehensive Family Protection Income-Based Coverage Determination

Coverage Components

Important Policy Limitations Maturity Benefit Riders and Add-Ons

Contact Us

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Personal Accident Insurance - Complete Protection Against

Personal accident insurance is a specialized policy that provides financial protection against unexpected accidents resulting in death, disability, or injury. The Insurance Regulatory and Development Authority of India (IRDAI) mandates a minimum personal accident cover of ₹15 lakhs, often included in motor insurance policies.

Core Coverage Areas

1. Accidental Death Cover

Complete Financial Protection for Family

Personal accident insurance provides 100% sum assured to nominees in case of accidental death, ensuring immediate financial support during emotional trauma. For example, if someone has life cover of ₹70 lakhs and adds accident coverage of ₹30 lakhs, the family receives ₹1 crore total upon accidental death.

2. Permanent Total Disability (PTD) Cover

Complete Disability Compensation

Covers complete loss of limbs, eyesight, or any condition that renders the person completely unable to work. The insured receives the full sum assured, providing financial stability for lifetime care and rehabilitation needs.

3. Temporary Total Disability (TTD) Cover

Offers weekly compensation when temporarily unable to work due to accident-related injuries. This benefit typically provides financial support during the recovery period until the person can return to normal activities.

Medical and Treatment Benefits

1. Hospitalization Expenses

Comprehensive Medical Cost Coverage

Personal accident insurance covers all medical expenses during hospitalization including room rent, treatment costs, surgery expenses, diagnostic procedures, and medications required for accident-related injuries.

2. Daily Cash Benefit

Additional Financial Support

Many policies provide daily cash allowance of ₹1,000 to ₹2,000 for up to 30 days during hospitalization, helping cover non-medical expenses like groceries, utility bills, and household costs during recovery.

3. Ambulance Expenses

Compensation for ambulance costs incurred for transporting the injured person to the hospital immediately after the accident, ensuring no delay in emergency medical care.

Additional Benefits and Features

1. Child Education Coverage

Securing Children's Future

If the policyholder dies or becomes permanently disabled, the policy provides additional funds specifically for dependent children's education expenses, ensuring their academic pursuits remain unaffected.

2. Family Transportation Allowance

Support for Distant Treatment

When hospitalization occurs far from home, the policy reimburses actual transportation costs for immediate family members to reach the policyholder, subject to policy limits.

3. Body Repatriation Benefits

Final Journey Support

In case of accidental death, the policy covers expenses for transporting the deceased's body from the accident site to home or cremation place, including funeral and religious ceremony costs.

4. Broken Bones and Burns Coverage

Specific Injury Compensation

Fixed compensation for bone fractures, burns, and other specific injuries caused by accidents, providing immediate financial relief for treatment and recovery.