Accident insurance is a type of employee benefits cover that offers monetary support to the insured person in the event of an accident.
In the case of accidental death, the kin of the deceased person will receive monetary support. Accident insurance also offers financial support for medical expenses incurred due to an accident. Besides even takes care of the insured in the unfortunate event of being permanently disabled due to an accident.
- Advantages:
- 1. 24*7 - Worldwide coverage
- 2. Cover against Accidental Death or Permanent Total Disablement (PTD) on account of an Accident.
- 3. Few optional cover against Accidental Hospitalisation Expenses and Accidental Hospital Daily Allowance.
- 4. Covers different types of accidents like road, rail accidents, accidents due to natural calamities and arising out of terrorism / terrorist acts.
- 5. No health check-up required
