Personal Accident Insurance

Personal Accident Insurance

Accidents occur unexpectedly, many individuals choose to purchase insurance coverage to help family members and loved ones deal with the associated financial instability. Personal Accident is an insurance cover which is recommended to you and your family in the event of accidental death (which life insurance already does), but also to cover disablement, leading to loss of earning capacity. Personal accident policies cover you for one or more of four contingencies in the event of an accident: death, permanent total disability, permanent partial disability and temporary total disability. Personal Accident Insurance is inexpensive and it is recommended that you select the highest level of cover available. Even if you already have permanent health insurance, you should also have Personal Accident insurance to provide cover in case of accidents.