Personal Accident policy protects your family; but there are a few exclusionsProtects you and family members against accidents and violence, leading to bodily injury, disablement (permanent or temporary), or death.
Apnainsurance.com Research Bureau
07 Jan 2008
This section of householders' insurance protects you and your family members against accidents and violence, leading to bodily injury, disablement (permanent or temporary), or death. Some companies also provide reimbursement for transporting the dead body to the residence as well as compensation towards educational expenses for a maximum of two dependent children. Medical expenses are also included when settling a valid claim.
To cover the risk of total disability due to sickness or injury, you can purchase additional cover to pay equated monthly installments (EMIs) for outstanding loans against the various assets in your house, up to a maximum period of 12 months.
- Suicide, mental dysfunction, alcoholism strokes, epileptic fits, intentional unlawful/criminal acts, hazardous sports, or aviation (other than as a passenger)
- Pregnancy, miscarriage, abortion
- Complications arising out of venereal disease, or HIV/AIDS related illness
See also:Fire and Its Associated Perils
Burglary, Housebreaking & Other Perils
All Risks (Jewelry and Valuables)
Breakdown of Domestic Appliances
Breakdown of Electronic Equipment
Public Liability Risk and Workmen's Compensation Risk
Increased Living Expenses