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What is accident insurance and its types?

There are two different types of personal accident insurance available, namely individual personal accident cover and group personal accident cover. These policies also provide coverage for accidents that occur while travelling by road, air, and rail.

Do I need accident insurance?

Accident insurance covers more than just injuries Many plans come with ancillary benefits for limb loss, accidental death, paralysis, or blindness. Having that extra protection can keep you (or your loved ones) from absorbing the full financial impact of a serious accident.

What is the meaning of accident insurance?

Simply put, accident insurance is a form of insurance policy that offers a payout when people experience injury or death due to an accident.

What is accident insurance?

Simply put, accident insurance is a form of insurance policy that offers a payout when people experience injury or death due to an accident.

What does accident insurance cover?

What does accident insurance cover? Accident insurance covers qualifying injuries, which might include a broken limb, loss of a limb, burns, lacerations, or paralysis. In the event of your accidental death, accident insurance pays out money to your designated beneficiary.

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