health insurance

What is Personal Accident Insurance?

Definition Of Personal Accident Insurance

Personal accident insurance provides financial coverage against unforeseen events such as accidents causing bodily injury, permanent partial disability or permanent total disability and accidental death. It covers hospitalisation, pre-and post-hospitalisation, and offers daily cash allowance up to 30 days, depending on the insurer. Personal accident insurance covers you in case of loss of income for a certain period, depending on the insurance you choose. It also offers children education benefits for policyholder's dependent children to help them continue their education.

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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 the age of the 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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