Best Accidental Insurance Plan That You Should Buy
Updated On Dec 21, 2020
Personal Accident Insurance policy covers you in case of an unfortunate accident that may be deadly or cause disability/mutilation. Accidents caused by air/road/rail, accidents due to falling, fire, collision, drowning and other such fateful events are covered under this policy. Accident insurance plan makes sure that you are covered not only with regards to medical expenses but also for the loss of income that might occur because of the accident. Other miscellaneous expenses may also be covered under such plans.
Best 5 Accidental Insurance Plans
| Insurance Plan | Plan Basis | Entry Age |
| Apollo Munich Individual Personal Accident Standard | Individual and Family | Minimum - 91 days Maximum – 69 years |
| Bajaj Allianz Premium Personal Guard Plan | Individual and Family | Minimum – 5 years Maximum – 65 years |
| Bharti AXA Smart Individual Personal Accident | Individual only | Minimum – 18 years Maximum – 70 years |
| Star Health Accident Care Individual Insurance | Individual and Family | Minimum – 5 months Maximum – 70 years |
| Care Secure Personal Accident Insurance | Individual | Minimum - 91 days Maximum – 70 years |
1. Apollo Munich Individual Personal Accident Standard
This accidental insurance plan offers payments (lump sum) for death injuries due to an accident. Some of the key features of this plan are:
- Lump sum payment is made for partial disability, permanent disability, and death due to accidents.
- The compensation for injuries sustained is valid all through the world.
2. Bajaj Allianz Premium Personal Guard Plan
It provides coverage in case of death or disabilities due to accidents. The features of this plan are:
- In case of permanent total disability, 200% of the sum insured is payable.
- In case of death, 100% of the sum insured is payable.
- A weekly benefit payable in case of temporary total disability limited to 50% for the spouse.
3. Bharti AXA Smart Individual Personal Accident
It covers major accidents resulting in permanent disability or death, slipping down the stairs, minor injuries from burns, and other minor injuries. The features include:
- Covers the whole family
- Children’s education bonus in case of death or total permanent disability.
- High compensation of 125% of the sum insured in case of permanent total disability.
4. Star Health Accident Care Individual Insurance
The Accident Care by Star Health includes cover for accidental death, temporary disablement, and permanent disability. Some of the key features of this insurance policy include:
- For death claims, travel expenses for a relative are paid.
- Customers get a maximum educational grant of Rs. 10,000 for every child in case of permanent total disability or death.
5. Care Secure Personal Accident Insurance
This accident insurance policy provides a broad range of features and benefits, some of which are mentioned below:
- Accidental death cover.
- Permanent Partial Disablement (PPD).
- Permanent Total Disablement (PTD).
- Child education for 10% of the sum insured
Also Read
Top Changes That Improved Health Insurance in 2020
Don’t Want To Face Health Claim Rejection? Follow These 4 Tips
Conclusion
Accidental insurance is suitable for every individual across health conditions, age groups, occupations, etc. Thus, it is wise to have an accident insurance cover for everyone.
Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.
