Personal Accident Cover as an Add-on in Health Insurance 

Notably, a personal accident insurance policy covers permanent total disability and death due to an accident. Also, these plans come with optional covers, such as accidental hospitalisation expenses and daily hospital allowance.
These days, many health insurance plans cover a host of medical conditions. However, only a few of them offer accident cover. It is to be noted that most of the insurers provide accident cover as a separate product. If you are not looking to buy a separate insurance policy for accident coverage, then it is a good idea to purchase personal accident add-on cover along with your health insurance plan.

Benefits of Buying Personal Accident Insurance Cover

Though the law has not yet made personal accident cover mandatory, there are many benefits of having accident insurance. And, some of them are:

• Coverage against permanent disability and accidental death ensures that your family receives adequate financial support when needed 
• Extensive coverage for medical expenses, rehabilitation, and other related costs
• Coverage against acts of terrorism, which are not covered under traditional health insurance plans
• Family coverage provision ensures your immediate family members are protected under the same policy

Selecting the Right Personal Accident Cover

Let’s dive deeper to know the factors that must be considered before buying a personal accident insurance cover that not only ensures comprehensive coverage but also financial security for unforeseen events.

• Worldwide coverage for accidents 
• Adequate sum insured 
• Maximum coverage for a reasonable premium
• Check inclusions or accident scenarios the policy covers
• Review exclusions or what is not covered by the policy
• Type of Policy
• Substantial compensation to family in case of permanent disability or death
• Insurer’s reputation
• High exit age for continued coverage into old age
• Network hospitals having your preferred doctors and medical centres

Conclusion

All in all, it is crucial to select the right type of insurance policy to get extensive coverage. While most of the regular health insurance plans cover various illnesses and diseases, they may not include injuries related to accidents. For such unforeseen events, it is crucial to include accident cover in health insurance. 

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