health insurance

Advantages of Personal Accident Insurance Policy

Advantages of Personal Accident Insurance Policy

There are several advantages of personal accident insurance policies. Some of the key benefits offered by a personal accident insurance policy include the following:

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• Financial assistance in case of any accidents.
• Compensation for policyholders in case of any injuries which are of a minor nature. Some companies have policies that get enhanced coverage and more benefits although the premiums are also on the higher side.
• There is added protection for partial and temporary disability in case of accidents which may lead to loss of one’s livelihood.
• Death coverage with the sum assured being paid out to the family.
• Education grants may sometimes be available for the children of the policyholder as offered by some health insurance companies in case the customer dies from an accident.

Disclaimer - *Conditions apply. This product is offered under the Group Insurance scheme wherein Bajaj Finance Limited is the Master policyholder. The insurance coverage is provided by our partner Insurance Company. Bajaj Finance Limited does not underwrite the risk. IRDAI Corporate Agency Registration Number CA0101. The above mentioned benefits and premium amount are subject to various factors such as age of insured, lifestyle habits, health, etc (if applicable). BFL does NOT hold any responsibility for the issuance, quality, serviceability, maintenance and any claims post sale. This product provides insurance coverage. Purchase of this product is purely voluntary in nature. BFL does not compel any of its customers to mandatorily purchase any third party products.

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