An accident is not a good incident for sure, it affects your mental, physical
and financial ability. No one wants to fall into such an ungrateful situation.
And, that's when personal accident insurance come to the rescue. It covers your
financial losses as well as personal losses. Personal accident policy covers
owner-driver if taken with motor insurance policy. However, it is compulsory to
be taken by the vehicle owner only if he/she possesses a valid driving license.
Personal accident insurance saves you from financial burden happen due to an
accident leads to bodily injuries such as temporary disablement, permanent
disablement, and accidental death. What does PA insurance cover?
Accidental
death: In case you meet with an accident that leads to death, then the insurer
will provide 100% compensation to the insured's nominee.
Permanent total
disability: In case of permanent total disability (loss of both eyes sight, loss
of two entire feet or two entire hands) he/she will get total compensation. •
Permanent partial disability: If in an accident if you partially injured your
shoulder, thumb, index finger then you will get compensation accordingly. •
Temporary total disability: If due to an accident any temporary disablement
happens that prevent his occupation, the insured will be provided with a certain
sum of amount every week until getting back to the work.
In final words, so as
per the various aspects of safety against uncertain events, a personal accident
insurance policy make your life easy to service. If you are smart enough, you
will surely buy a PA cover.
Comments
Post a Comment