What does personal accident Insurance cover?

What does personal accident Insurance cover? Personal accident insurance pays a fixed amount if an employee has an accident. Following are the standard coverage in personal accident insurance: 1. Accidental Death: Death because of a car crash, or any other unfortunate accident is covered in personal accident insurance. In case of death of insured due […]

Read More

What are the different types of Disabilities covered under a Group Personal Accident Plan?

What are the different types of Disabilities covered under a Group Personal Accident Plan? Group personal accident insurance plans cover diverse types of disabilities. The disabilities caused by accidents are classified under the following three sections for determining compensation: Permanent Total Disablement (PTD) Permanent Partial Disablement (PPD) Temporary Total Disablement (TTD) Permanent total disablement refers […]

Read More

What Is Not Covered Under Group Personal Accident Insurance?

What Is Not Covered Under Group Personal Accident Insurance? The below-mentioned causes of injury or death are not covered under a group personal accident insurance: Natural Death Death or injury while under the influence of intoxicating liquor or drugs Death or injury while engaged in an adventure sport or hazardous activity Any pre-existing condition and […]

Read More

What is considered an accidental injury in personal accident insurance?

What is considered an accidental injury in personal accident insurance? Accidental injury as the name suggest delineates all those types of injuries which are the outcome of a mishap. Falls, cuts, burns, road accidents, bites, stings and drowning are examples of accidental injuries. Accidents can happen at any time and accidental injury is a significant […]

Read More