The National Crime Records Bureau of India states that there are more than 1 Lakh road accidents in the country every year. On an average, Indian roads witness the death of one person every four minutes. Yet, most often we continue to believe that nothing unfortunate will happen to us on the road. While this may be considered as a manifestation of the driver's confidence, it is important to understand that prevention is always better than cure. Personal accident cover renders financial support to those affected by accidents on the road. It does not cover injuries or death related to diseases or illness of any kind. Read on to find out why a personal accident cover is important when you buy car insurance online in India.How does a personal accident cover help? Accidents on the road are unpredictable and the effect is far-reaching. Accidents lead to grave injuries and may end up restraining the patient to bed for several weeks or months or permanently. This prevents the patient from resuming their normal work activities and leaves their dependents financially broke. During such circumstances, the personal accident cover comes in as a savior. Tax-free compensations in the event of loss of life or serious injuries are offered by the insurance company. In short, patients covered by this policy will be able to take care of their hospital expenses and keep themselves away from financial burden until their health is completely restored.What features are covered under the personal accident policy? Personal accident covers differ from one insurance provider to another. The most common features included in this policy are, death cover, permanent/ temporary disability and hospitalization cover. In the case of death or permanent total disability, the insurance holder can claim the entire sum insured. Additionally, an educational grant to support the dependent children is also offered based on the terms and conditions of the insurance policy. In the case of temporary disability, where the patient is confined to bed rest, the insurance provider supports the patient and the family with weekly benefits for a limited time period. All costs incurred during the treatment of the injured person will be covered under this policy.What is the greatest advantage offered by the personal accident cover? Loss of a loved one or serious injuries to members of a family can cause intense emotional stress. This, when combined with financial problems, can make patients and their families lose their peace of mind forever. Personal accident cover saves patients from the stress of losing their ability to earn for themselves and their families. It makes them financially set to cope up with permanent disabilities and death. Accidents can wreck anyone's life in the most unexpected manner. Car drivers who are looking to buy car insurance online in India must ensure that they are covered by the personal accident policy to enjoy a peaceful driving experience. Click here to know more about buying car insurance in India. If you are looking for cheap car insurance in India, the author of this article recommends Carinsurance.in.
Source : articlesbase.com
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