Personal Accidents
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A personal accident insurance is a health policy that covers the cost of treatment due to an accident. These plans cover the life assured and offer a payout to cover expenses like ambulance costs, emergency surgery expenses, doctor’s consultation, and more.
Why do you need personal accident insurance?
Accidents can happen at any time without prior notice, and occasionally they can have significant consequences.
Any such unfortunate event can have a big effect on your money since not only can the treatment be expensive, but it can also reduce your earning potential if you have any kind of impairment.
When an accident results in death, physical harm, temporary entire disability, permanent total disability, or permanent partial disability, personal accident insurance can help you and your family gain financial support.
The insurance provider will provide the designated nominee with 100% of the sum guaranteed in the case of death.
Additionally, insurance companies provide benefits for disabilities resulting from accidents, such as loss of eyesight, speech, or limbs.
Top reasons for getting personal accident insurance
Disability taken care of
Major hospital and other expenses are sorted
Home alteration and vehicle modification benefit
On death of policyholder, the policy disburses compensation to the family.
The insurance provider will pay for a family member's travel expenses to see the doctor at the hospital.
TYPES OF PERSONAL ACCIDENT INSURANCE
Group Personal Accident Insurance
Employers and business owners typically purchase group personal accident insurance to protect their workforce. The insurance companies give a reduction on the rate based on the size of the business and the number of employees. A group personal accident coverage is a great way to motivate your staff since it ensures their financial security in the case of an accident at work.
2. Individual Personal Accident Insurance
As its name implies, it is acquired by an individual, and it protects the policyholders from unintentional harm. It typically includes unintentional death, body part loss, and other disability brought on by an accident.
IMPORTANCE OF PERSONAL ACCIDENT INSURANCE (view more)
- Disability Coverage
- Hospitalisation Expenses
- Peace of mind and family security
- Minimal documentation
- No medical tests required
- Easy Claim Process
- Ambulance Expenses
WHAT IS COVERED UNDER ACCIDENT HEALTH INSURANCE? (view more)
ACCIDENTAL DEATH
Ensures your family's financial well-being by paying the chosen sum insured amount, post the unfortunate event of your death due to accident or injury.
PERMANENT TOTAL & PARTIAL DISABILITY
Disability can ruin anyone's financial stability. It offers up to 100% sum insured in case of permanent or partial loss of pre-specified body organs.
RECONSTRUCTIVE SURGERY
If a medical condition has malformed your bodily functions, you can get reimbursement for reconstructive surgery that is performed as per policy terms.
FRACTURES
Recovering from a fracture is an expensive journey. It lowers your burden by reimbursing up to 100% of SI in case of fractures, as listed in the policy.
CHILD EDUCATION
Offers the best accidental insurance plan that takes care of your dependent children's education in the unfortunate event of accidental death or disability.
MAJOR DIAGNOSTICS
Supports you in bearing the expenses of major diagnostic tests like CT scans, MRIS, etc., as prescribed by a medical practitioner and conducted as per policy terms.
SEVERE BURNS
Supports you during an unfortunate event of second and third-degree burns across the body surface by paying you up to the sum insured as per policy terms.
MOBILITY COVER
Coverage for procuring essential medical prosthetic devices like wheelchairs, braces, etc., makes 'Secure' the best personal accident insurance.
CLAIM PROCESS
CLAIM PROCESS
Step 1: Inform the Insurer
Step 1: Inform the Insurer
Step 2: Provide Policy Documents
Step 2: Provide Policy Documents
Step 3: Provide Duly Filled in Claim form
Step 3: Provide Duly Filled in Claim form
Step 4: Submit other required documents as per the case
Step 4: Submit other required documents as per the case
Step 5: Scrutiny by Insurer
Step 5: Scrutiny by Insurer
Step 6: Claim Settlement
Documents Required for Personal Accident Health Insurance Claim Process
Documents Required for Personal Accident Health Insurance Claim Process
It's crucial to be aware of the paperwork needed to register a claim in order to receive a personal accident health insurance claim quickly. They may consist of:
Duly signed Claim form
Death Certificate as the case may be
Disability Certificate as per the case
Doctors Report
Medical Certificate
Medical Bills
Medication Bills
Discharge Summary
Accident Investigation Report
FAQ
FAQ
Q. What advantages are provided by this policy?
A. With personal accident insurance, you can now safeguard your complete family against unintentional injuries. You and your family are covered by the insurance in the event of accidental death, permanent disability, broken bones, or burns. The expense of the ambulance and the money for the hospital are also benefits.
Q. How many individuals can be covered by the family plan?
A. Under the Family Plan, your spouse and two dependent children are also covered.
Q. Can I include my parents in this policy?
A. Yes, up to 70 years, you can include your dependent parents. Parents who are dependent on you can receive additional benefits from personal accident insurance at a low fixed cost. Now you have the opportunity to repay some of the affection and care they showed you.
Q. What types of plans are offered under this policy?
A. A broad range of Sum Insured from Health Insurance Companies, ranging from Rs. 2.5 lakh to 15 lakh. You can choose from four different plan choices :
• Self Plan
• Self & Family Plan
• Self + Dependent Parents Add-on.
• Self & Family Plan + Dependent Parents Add-on
Q. What does the term "dependent child" mean?
A. Dependent children are those who live with the insured individual and are not married, and who are under the age of 21 if they are enrolled in full-time school or between the ages of 3 months and 18 years.
Q. Does the age requirement apply when choosing personal accident insurance?
A. Personal Accident Insurance is open to everyone from the age of 18 years to 65 years.
Q. How do I make the claim?
A. You can make a claim by calling your respective Insurance Company. Once all the necessary documents have been submitted, they will help you with their submission, and the procedure will be finished in 7-14 working days.
Q. When does my policy start?
A. The insurance will begin within 15 days of the date the application and premium payment were received.
Q. Can I buy multiple policies?
A. Yes, you can as long as you are paying the premiums on time.
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