4 min read
Updated on Jul 13, 2022
Accidents are unforeseen and can take place anytime anywhere. Are you prepared for such unforeseen events? Do you know if your health insurance policy offers coverage for accidental injuries? Read on to know.
Life is very unpredictable. Moreover, while on the road you cannot predict any unforeseen event that might take place anytime. Accidents are some such unforeseen events that no one knows about in advance. And when it takes place, it disturbs your life physically and monetarily by causing a huge hole in your pocket and your savings. Thus, people have started insuring themselves against accidental injuries to protect them from the unfortunate crisis situation that might crop up anytime in life.
Does health insurance cover accidental injuries? Do you know if you are protected against accidents? Let us find out in this blog below.
Protection against accidental injury is a part of all health insurances in the country. However, they are not offered as a part of the regular health insurance plans but the insured needs to buy them as personal accidental cover separately. Under this coverage, which include ambulance charges and in-patient hospitalization, anyone sustaining injuries in an accident can avail compensation against the same. Post-hospitalization costs, physiotherapy, daily cash allowance during hospital stay etc., might also be included under some health plans to cover the cost caused by accidental injury.
On the whole, a health insurance plan allows coverage against emergency hospitalization in case of accidents. Here, you don’t have to complete the waiting period and you can get coverage from the first day of the policy.
Let us now discuss the personal accident insurance
If you talk about accidental injury definition, it can be stated as a policy that covers an insured against costs that arise out of any accidents on the road. So, as part of this policy your insurer will reimburse costs that you incur in the treatment of injuries caused by road accidents that can lead to any kind of disability or even death of the insured. This is a standalone policy, which is also available as an add-on cover with regular health insurance. However, whether you buy as standalone or as a rider, you have to make payment of the cover separately as a separate premium for the coverage.
Here are a few reasons why you must buy a personal accident insurance policy:
Again, in this case also, you might have to buy the terrorism cover as an add-on protection under personal accident insurance policy. So, it is better to check with the insurer about the coverage details before buying the policy.
Now that you know the accidental injury insurance definition from the above discussion, personal accident insurance is important to secure the family of the insured in case the policyholder meets with an accident. In most cases, health insurance plans allow emergency accidental hospitalization cover but it is better to buy accidental insurance separately to get benefit of death and disability. All you must do is to compare plans from multiple insurance companies and purchase the one that is best in terms of coverage against accidents. This way, you can expect to get an accidental injury insurance worth it.
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