Cover for accidental death and disability
Personal Accident Insurance
A personal accident policy pays a benefit when death or disability results from an accident. Because the cover responds to an accident rather than an illness, it complements your health and life cover.
BEE SERVE is an insurance and investment solutions service provider, not an insurance company. Final terms, pricing and acceptance are decided by the insurer.
How it works
Step by step, without the jargon.
Understand the benefit table
The policy lists what percentage of the sum insured is paid for accidental death, permanent total disability and permanent partial disability.
Choose the sum insured
The amount is usually aligned with your annual income and your family’s ongoing financial responsibilities.
Pay the annual premium
Most personal accident policies are annual contracts and are renewed each year.
Notify the insurer promptly
Accident claims require timely intimation, medical records and the documents listed in the policy.
Who might consider it
- Working professionals whose income supports a family
- Business owners and self-employed individuals
- Frequent two-wheeler riders and daily commuters
- Anyone whose employer cover does not include accident benefits
Key benefits to look for
- Lump-sum benefit for accidental death, paid to the nominee
- Benefit for permanent total disability, as per the policy’s definition
- Benefit for permanent partial disability, usually a percentage of the sum insured
- Some plans also cover accident-related hospitalisation or temporary disability
Important limitations to understand
These points appear in most policies of this type. The exact wording, limits and waiting periods vary by insurer and by plan.
- The cover responds only to accidents — illness or natural death is not covered
- Permanent disability is judged strictly against the policy’s own definitions
- Claim amounts for partial disability are normally a percentage, not the full sum insured
- Injuries linked to intoxication, criminal acts or certain hazardous activities are excluded
- Time limits apply for reporting the accident and submitting claim documents
Questions
Personal Accident Insurance — frequently asked
Is personal accident cover the same as health insurance?
What counts as an accident?
Are all disabilities covered in full?
Do I need medical tests to buy this policy?
Ready when you are
Let’s understand your protection and investment options together.
Share a few details and Kishore Gupta will personally help you explore what suits your family — with no pressure, no obligation and no jargon.