Personal Accident Cover

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Personal Accident Cover Car insurance that provides complete financial coverage to policyholders in case of accidental death, bodily injuries and physical disabilities (temporary and permanent). In case of the unfortunate death of the policyholder, the nominee gets 100% compensation. The cover provide the peace of mind that you'll have a financial safety net should you need specialist medical treatment or are unable to work due to a car accident. Personal accident cover differ from ordinary life insurance in that the incapacity (or death) must be the result of an accident, not illness or old age If the burns, broken bones, permanent partial disability, permanent total disability, dismemberment, temporary partial disability, temporary total disability, death, hospitalization, etc comes from a civil or foreign war personal accident cover will not cover. It is important to know that accident insurance is different from health insurance, a health insurance policy covers the insured and provides the immediate treatment post the accident, however personal accident cover is a more specific insurance policy which tends to cover any financial burden due to the accident. One of the biggest advantages of personal accident cover is that payouts come in cash, which can relieve the financial burden that one experiences after an accident. Furthermore, there is no waiting period and thus the compensation is given immediately. A compensation is paid if during the insurance validity period the Insured suffers from a physical injury due to an accident that causes death or partial/total permanent disability. The compensation is paid based on a percentage limit if the Insured suffers total permanent disability. #benewinsurance #insurtech #inclusiveinsurance #insurance #reinsurance #takaful

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