Personal Accident Insurance

Personal accident insurance is a type of insurance that provides coverage for accidental injuries and their consequences. It is designed to financially protect individuals in the event of an accident resulting in disability, dismemberment, or death. This insurance typically covers medical expenses, hospitalization, and rehabilitation costs incurred due to an accident. It also provides a lump sum payment to the insured or their beneficiaries in the case of permanent disability or death caused by an accident. Personal accident insurance can be beneficial for individuals who engage in high-risk activities or occupations, as it provides a safety net during unexpected and unfortunate events. It offers peace of mind knowing that financial support is available in the event of an accident.