Buy Accident Insurance To Have Secured Tomorrow Under Its Canopy

By Author: Diwakar Pandey
Total Articles: 2
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People save money for their dream plans, kids’ career, and dream house and so on. But, what if this money is drained off to meet medical challenges? It is not a good option. When a person faces any unforeseen event, like an accident or is diagnosed suffering from any critical illness, there are lots of challenges the family of the victim has to come across. It becomes difficult to meet routine expenses as well as medical treatment expenses, especially when medical care charges are steeply rising.

Accident may prove fatal. One may have to face the worse scenarios, like death or disablement. In case if the injured person is sole earning member of the family, the hopes and dreams of all family members are shattered. It becomes difficult for them to earn their bread and butter. Even in case of disablement, there are lots of problems faced by the family. Nobody of us knows when and what way such incidents may happen, it is therefore advisable to have accident insurance such that family members have relief to some extent. It would alleviate the financial expenses.

When a person comes across sudden mishap, like an accident, ...
... one is not only hurt physically, but also morally. The confidence level dips immensely. There are numerous questions that come in his or her mind with regard to future of family members. A person may also require complete rest for certain time period and might have to take leave from the job. An earning member has lots of responsibilities. He or she has to take care of future needs of spouse and kids. The kids’ career, education, marriage require a huge sum of money. The best way to keep the family protected financially is to buy personal accident insurance with wide coverage limits such that they get the required protection, if an insured comes across any such mishap.

These insurance products have been lot helpful, as they bring some hope in the situation of distress. These products save from the unexpected financial load, offer lump sum money in an event of insured’s death or disablement, helps in paying of various post accident expenses, covers emergencies services, etc. One may also seek treatment at nay corner of the country under the canopy of the benefits offered with accident insurance plans. To make it easier for insured, insurance companies have also given the facility of Cashless Hospitalization, where one can seek medical treatment on cashless basis. Every insurer has tied up with certain number of hospitals, so called network hospitals, to help its customers seek treatment without any financial worry.

These products also offer coverage to treatment of injuries arising due to an accident. One gets a certain per cent of sum insured amount for inpatient treatment. A wide coverage offering plan also offer cover to transportation of family member, if the hospital is in different district, emergency ambulance coverage, etc. In case of disablement, there are different coverage conditions. Each and every plan offers a certain per cent of the sum insured as a benefit against the injuries. few of these plans also offer cover to modification in residence or vehicle, as the case may be, after an accident. The coverage may vary from plan to plan. Hence, it is advisable that the plan should offer extensive coverage.

Another important point that one should have in mind is that these plans work on the principle of benefit that pay insured individuals a sum of money, as stated in the policy’s conditions. The amount paid directly depends upon the extent of injuries incurred and the policy’s norms.

Thanks to insurance companies that have brought a variety of such products to cater to the needs of every section of society. They are constantly working hard in formulating innovative products that could meet the policy holder’s expectations. Apollo Munich, a pure health insurance company, has brought in Individual Personal Accident Insurance plan for the Indian citizens. It is wide coverage offering plan that can be purchased at cost-effective price. The plan is well thought and designed, looking into the medical needs of people arising after an accident. Its comprehensive coverage has made it a best-in-class product. So, buy it today for secured tomorrow.