Securing Hannav Ledger...
Securing Hannav Ledger...
Glossary
Personal accident cover pays a lump sum or benefits for death, permanent disability, or temporary disability resulting from an accident.
Insurance that pays out if an accident causes death or disability, not illness.
Complements (but does not replace) term and health insurance since it covers only accident-related events; often bundled free with credit cards or as a cheap standalone rider.
A personal accident policy pays the full sum insured if an accident causes permanent total disability.
Insurance that pays out if an accident causes death or disability, not illness.
Personal Accident Cover helps you evaluate products, compare options, and make informed decisions aligned with goals, tax rules, and risk tolerance in the Indian financial system.