Personal Accident Insurance
Financial protection against death or disability caused by an accident, subject to the selected policy.
How we help
A personal accident policy pays a benefit if an accident causes your death or a disability. Cover can include permanent total disability, permanent partial disability and, in some plans, temporary total disability for the weeks you cannot work.
The benefit is generally a fixed percentage of the sum insured, set by the type and degree of disability. Cover is limited to accidents; illness is not included.
We help you choose a sum insured based on your income and your family's needs, and we check what the policy excludes, such as certain hazardous activities.
What it covers
- Accidental death benefit
- Permanent disability benefit
- Temporary disability cover where included
Coverage, exclusions, and claim conditions depend on the policy and insurer.
Before you decide
Points to check
- 01A sum insured based on your income and dependants
- 02Whether permanent partial and temporary disability are covered
- 03How the benefit is calculated for each type of disability
- 04Exclusions such as hazardous sports or travel
- 05Whether medical expenses after an accident are included
Common questions
What people ask us about Personal Accident Insurance
Does personal accident cover illness?
No. It covers death and disability caused by an accident. Illness is covered by health or critical illness insurance.
Do I need this if I have life insurance?
They protect against different things. Life insurance pays on death from any cause. Personal accident also pays for disability, which a term plan does not unless a rider is added.
Is the cover valid worldwide?
It depends on the policy. Some plans cover accidents anywhere, others only in India. We check the territorial scope with you.
More in GIC – General Insurance Products
- Health InsuranceCoverage for eligible medical expenses, subject to the selected policy.Learn more
- Motor InsuranceInsurance protection for cars and two-wheelers against covered risks.Learn more
- Critical IllnessA lump-sum benefit on diagnosis of a listed serious illness, subject to the selected policy.Learn more
- Hospital CashA fixed daily amount for each day of hospitalisation, subject to the selected policy.Learn more
- Travel InsuranceTravel protection for eligible medical emergencies and other covered travel-related risks.Learn more
- Home InsuranceProtection for your home and insured belongings against covered risks.Learn more
- Fire & Property InsuranceProtection for commercial and industrial property against fire and other listed perils.Learn more
- Marine InsuranceProtection for goods in transit by sea, road, rail or air against covered losses.Learn more
- Shopkeeper InsuranceA combined policy protecting a shop's stock, premises and related risks, subject to the selected cover.Learn more
- Cyber InsuranceProtection for businesses and individuals against losses from cyber incidents, subject to the selected policy.Learn more
- Employee Compensation InsuranceCover for an employer's liability to compensate employees for injury or death at work, as per the law.Learn more
- Group Health InsuranceHealth cover arranged by an employer or organisation for its members, subject to scheme terms.Learn more
- Burglary InsuranceCover for loss of or damage to property from burglary or housebreaking, subject to policy terms.Learn more
- Professional Indemnity InsuranceCover for claims by clients arising from errors or negligence in professional services, subject to the selected policy.Learn more
Shree Sai Insurance is the practice of Amit Dhirajlal Waghela, an AMFI-registered mutual fund distributor (ARN-166386), not a SEBI-registered investment adviser. The firm earns commission from asset management companies on the schemes it distributes, does not charge a fee for distribution, and does not guarantee returns. Insurance is offered separately from the mutual fund distribution business. Mutual fund investments are subject to market risks. Read all scheme related documents carefully.