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Personal Accident

WHY PERSONAL ACCIDENT POLICY?

Crisis and accidents are our life’s worst nightmares that can come true anytime, anywhere to anyone. Disasters always strike us out of blue, unannounced and without notifications. An accident can happen in a flash of a second but leaves a scar for a lifetime. It can wreak havoc both financially and emotionally. A loss of life or a partial loss of sight or physical disability is not an easy thing to cope with. We cannot predict what’s going to happen next, but can always plan our future well by buying a Personal accident policy.

A Personal Accident policy assures financial stability in such unfortunate cases and covers death, physical injuries and bodily burns. The personal accident insurance  helps you cope with the sudden financial burden and also brings your life back on track by providing a strong cover and protection. By buying a personal accident plan, you don’t just invest in a policy but buy peace, safety and security for the entire family.

An ideal personal accidental insurance policy providing compensation to individuals against disabilities caused by accidents. This personal accident plan provides an option to include spouse and dependent children also and provides coverage on a worldwide basis. Personal accidental policy premium amount is definitely a price worth paying for complete peace of mind.

WHY CHOLA ACCIDENT PROTECTION POLICY?

'Chola MS individual personal accident policy offers you the security of your future as well as that of your family in case of an unfortunate event or a sudden accident. Our individual personal accident insurance policy make sure your family gets all the desired support in case of such disaster. Individuals or family members become eligible for weekly compensation in case of loss of income caused by disability or death due to an accident.

Our personal accidental insurance policy also provides compensation in the case of fractures caused by an accident. For unfortunate cases, where the accident insurance policy holder faces permanent disability, reimbursements are offered for modifications that might be required for the home or vehicle. Family transportation costs are also covered by our Chola MS  accidental policy in India.

If the Insured is a student, he or she can be reimbursed for tuition fees following an accidental injury. Also, a daily allowance for hospitalization is provided according to the personal accident policy premium in the case of an accident. In the most unfortunate cases if a policy holder faces loss of life then the personal accident policy has a clause of taking care of all costs up to post-cremation or burial.

Before understanding why it is important to have personal accident insurance, let us understand what is personal accident insurance.

It is quite difficult to predict or estimate as to when an accident or crisis can occur. Appearing out of the blue, they can leave long-lasting damages. Often a financial and an emotional burden to many, it is not an easy situation to cope up with. Despite the unpredictability of it, we can always be prepared for it with the right measures in place. Such a measure would be the personal accident policy.

This policy helps assure a stability in terms of finances in such unfortunate circumstances and covers death, physical injuries and bodily burns The unexpected financial burden that is often inevitable in such cases is covered and helps regain control of the situation to bounce back on our feet, as soon as possible! With Personal accident insurance, you invest in peace, safety and security for members of the entire family.

Ideally, a personal accident cover gives you the option to include coverage for spouse and dependent children, worldwide. It even compensates individuals for disabilities that may have been caused due to certain accidents.

What are the reasons to buy personal accident insurance? Well, investing in such a policy makes sure that your family gets the required support in the event of certain disasters. Members of the family are eligible for weekly compensation in the case of loss of income due to a disability or death caused by an accident.

From fractures to unfortunate permanent disabilities in the case of such unforeseen events, the policy will provide compensations and reimbursements for any modifications that may be required for the home or vehicle. In India, Chola MS also covers the costs for family transportation.

If the insured is a student, the individual can be reimbursed for the tuition fees following an accidental injury. Daily allowance for hospitalisation expenses are also provided by personal accident insurance, depending on the premium. In an unfortunate circumstance of death due to an accident, as per the policy’s clause, all expenses up to post-cremation and burial is taken care of.

Before understanding why it is important to have personal accident insurance, let us understand what is personal accident insurance.

It is quite difficult to predict or estimate as to when an accident or crisis can occur. Appearing out of the blue, they can leave long-lasting damages. Often a financial and an emotional burden to many, it is not an easy situation to cope up with. Despite the unpredictability of it, we can always be prepared for it with the right measures in place. Such a measure would be the personal accident policy.

This policy helps assure a stability in terms of finances in such unfortunate circumstances and covers death, physical injuries and bodily burns The unexpected financial burden that is often inevitable in such cases is covered and helps regain control of the situation to bounce back on our feet, as soon as possible! With Personal accident insurance, you invest in peace, safety and security for members of the entire family.

Ideally, a personal accident cover gives you the option to include coverage for spouse and dependent children, worldwide. It even compensates individuals for disabilities that may have been caused due to certain accidents.

What are the reasons to buy personal accident insurance? Well, investing in such a policy makes sure that your family gets the required support in the event of certain disasters. Members of the family are eligible for weekly compensation in the case of loss of income due to a disability or death caused by an accident.

From fractures to unfortunate permanent disabilities in the case of such unforeseen events, the policy will provide compensations and reimbursements for any modifications that may be required for the home or vehicle. In India, Chola MS also covers the costs for family transportation.

If the insured is a student, the individual can be reimbursed for the tuition fees following an accidental injury. Daily allowance for hospitalisation expenses are also provided by personal accident insurance, depending on the premium. In an unfortunate circumstance of death due to an accident, as per the policy’s clause, all expenses up to post-cremation and burial is taken care of.

So invest in personal accident insurance to invest in peace and security for your family.

UIN : CHOPAIP21418V022021 Date of Launch-20/12/2004

 

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