Skip to main content

Save Your Loved Ones From Trauma!

Accidents are highly unfortunate events which can strike the misfortune anytime on anybody. One cannot predict and prevent an accident and protect themselves from the wrath of destiny, but one can surely take precautions to save themselves and their loved ones from the financial debt after a significant accident.

We usually consider investing in life insurance plans to provide for the dependant members of the family or health insurance to protect us from the enormous medical bills brought by acute illness. Similarly, the personal accident insurance plans hold equal importance in the time of extreme need as it can save you from the perils of financial abruptness and ensure the savings in your account remains intact.

Below we discuss the importance of having a good personal accident insurance policy to save your family from the financial struggles while they already struggle emotionally.


Benefit of accidental death: If the accident leads to the death or disability of the life assured’s the family can receive compensation of up to 100% the sum insured. It helps the nominee to move forward in life by giving this major advantage.

Benefit of permanent total disablement: If the policyholder succumbs to injuries which leads to permanent total disability preventing him/her from engaging to any occupation then having a personal accident insurance can cover with 100% of sum insured. It saves them from the financial blow due to an unexpected turn of events.

Benefit of permanent partial disablement: The policyholder can surrender to a significant mishappening which can lead to partial disability like one eye damage, nerve damage, knee injury for a lifetime. The extent of loss can compensate the nominee or the policyholder up to 100% of the sum insured.

Economical policy: This insurance policy has a low and affordable premium. One can also add additional expenses such as OPD for fractures as part of this policy which comes with lifelong renewability options.

Hassle-free claim settlement: The claim settlement is easy and simple, the insured person needs to inform the insurance providers about the details of the accidents, the claim along with other necessary information and watch the claim settlement process initiate within no time.

The personal accident insurance plan from Religare help the nominee and the family of the policyholder to cope better with any loss. It is wise to have an extended coverage keeping in mind the medical expenses that can be incurred when you are hit down with something major. Religare lets you care for your loved ones and give you your peace of mind to break free from the burden of financial stress. Read all the documents carefully before settling down on the best policy for you or your loved ones and keep your lifelong savings for future use!

Comments

Popular posts from this blog

Tips To Choose Your Health Insurance Plan Wisely

Protecting against the uncertainty is important to meet the unexpected complications that life brings frequently. This also holds true for your health, as a medical emergency can arise anytime, with little or no warning signs. That is why, it is important to insure against any medical emergency by availing various plans offered by top health insurance companies in India. But how do you know which one is best for you? Let’s look at some useful tips for selecting the most suitable health insurance plans and companies. 1.      Don’t Wait Too Much:  Health insurance should not be delayed till you acquire an illness which cannot get covered under the plan. Then obviously you won’t get maximum benefit out of the health insurance plan. Identify your needs and finalise the policy accordingly. Most  health insurance policies in India  primarily cover hospitalization costs. Other features that may or may not be included are out-patient costs which incl...

Critical Health Insurance Plans In India

Now cover up to 20 critical illnesses and protect yourself against the risk of serious illness with the best available critical illness health insurance plans in India by Religare. Critical Illness Insurance In India

Best Health Insurance Company In India - Think & Compare To Benefit Yourself With The Best!

Contemporary times call for the best in everything. On that context, while browsing through the best in everything, we should consider the same while going through health insurance policies and company in India. The market is filled with so many insurance companies that browsing through some factors and comparing them might come to aid.  Comparing health insurance before buying is very important because this not only gives a chance to find the best from the rest but also gives a clearer view of the plan and its company for the future. Time and again, we have seen so many insurance companies claiming to be the best, but there are very few companies that truly stand to its name. Religare Health Insurance Company rightly proves itself in this regard. To know the accurate best out of the rest, the factors to be considered are as follows- 1.       Settlement of Claim-   The claim settlement time and ratio should be balanced. Thi...