Personal accident insurance provides specific coverage against the loss of life / loss of limbs / disablement / etc. due to accidents of a general nature related to travel or work.
What is the need for personal accident insurance plan?
Personal accident insurance gives you the satisfaction of knowing that whatever accident may come to pass, you and your dependents will be financially protected by accidental insurance cover.
It covers burns, cuts, broken bones, the cost for ambulances and medical services, hospitalization due to any kind of accident, loss of limbs / eyesight, etc.
A larger or smaller range of coverage may be chosen at the time of taking the plan, depending on the insurer.