Personal Accident Insurance

Personal Accident Insurance

Cover against accidental death, permanent total disability or permanent total disability on account of accident. Optional cover against accidental hospitalization expenses & accidental hospital daily allowance. No health check-up required.

You need a life insurance policy to cover the risk of death and a health insurance policy as a cushion against hospitalization expenses. ... However, you should buy a personal accident policy because it plugs an important hole in your insurance portfolio.