List of Useful Add-on Covers To Opt with Personal Accident Health Insurance
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A Personal Accident Insurance policy covers medical expenses in case of injuries, disability along life of the policyholder the event of an accident. To make your personal accident insurance policy provide more comprehensive coverage you must add some riders to it.
What are Personal Accident Riders or Add Ons?
When you buy a standard personal accident insurance plan, you get comforted by the fact that all your accident-related expenses are covered under it. However, you can enhance the coverage of a standard personal accident cover with the help of additional coverages known as personal accident add-ons in return for a nominal premium.
Useful Personal Accident Insurance Riders
In order to make your standard personal accident insurance policy more comprehensive and beneficial, you can buy and add some riders with it. Given below are some riders which one should add on a basic personal accident health insurance policy.
1. Cash Benefit
This insurance rider provides a facility of daily cash allowance to meet day-to-day hospitalisation charges. This amount can be availed through the entire duration of hospitalisation of the patient.
2. Income Protector
If the policyholder dies before the policy lapses, the beneficiaries can avail of death benefits and monthly income through this rider. The family will get a monthly income to the extent of 1% of the sum insured per month.
3. Room Rent Waiver
Through this rider, you can avail of a higher sub-limit or rooms without sub-limits in case of hospitalisation. This rider helps you to get a better room and services without it biting into your sum insured.
4. Surgical Benefit
A standard sum health policy provides compensation for hospitalisation expenses only. But sometimes injuries caused due to accidents may need certain types of surgery. This rider allows compensation for such surgeries as well.
5. Roadside Assistance
In case of an accident, the insurance companies provide roadside assistance if you buy and include this rider in your basic insurance policy. They provide transport services and compensation for the first aids at the accident spot.
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.
