Tips & Article

Personal Accident

Personal Accident cover is equally important as compared to life and health cover

Most people will have two types of insurance cover: life insurance and health insurance. The purpose of life insurance is to cover the risk of early death and the purpose of health insurance is to act as a cushion against hospitalisation expenses.

However, there is another type of insurance that is equally important. Personal Accident Insurance.

Let’s assume that a person meets with an accident that causes a disability and that person is not able to work for temporary but longer periods of time. Over here, life insurance cover will not help since the person is very much alive. And health insurance will only address the hospital bills. HDFC ERGO’s Personal Accident Insurance covers you from accidental death and disablement. The disablements include permanent total disablement, permanent partial disablement and temporary total disablement.

HDFC ERGO offers a wide range of Sum Insured, from Rs. 2.5 lakh to 15 lakh with four plan options to choose from:
1: Self Plan
2: Self & Family Plan
3: Self + Dependent Parents Add-on
4: Self & Family Plan + Dependent Parents Add-on

Basically, Personal Accident Insurance policies offer comprehensive cover, which is better than the accidental riders usually available with other forms of insurance.

Any one up to the age of 65 years can avail HDFC ERGO’s Personal Accident Policy . It is a low cost family package cover, inclusive of broken bones coverage for your parents up to 70 years. It not only secures you in India but also provides effective cover worldwide, so that you remain protected no matter where you are.