How individual personal accident policy is different from health & life insurance?

Let’s look at the difference among these policies for a better understanding-

  • Life Insurance: This plan act as a financial safety net to your loved ones in the event of your unfortunate demise.

  • Health Insurance: This plan offers comprehensive coverage for medical expenses incurred during hospitalization and other healthcare needs.

  • Personal Accident Insurance: This policy covers the insured against financial setbacks and compensates the insured in case of accidental death or permanent total disability.