I already have health and life insurance coverage. Why should I also consider purchasing an individual personal accident policy?

Even though you have health and life insurance, an individual personal accident policy offers valuable extra protection. Here's why:

• Focus on Accidents: Your health insurance primarily covers medical expenses due to illnesses or injuries, while life insurance provides a lump sum to your beneficiaries upon your death. However, a personal accident policy specifically addresses financial losses resulting from accidents.

• Income Replacement: If an accident leaves you unable to work, your income may be significantly impacted. A personal accident policy can provide financial support to cover lost income during your recovery or if you experience long-term disability.

• Enhanced Financial Security: Accidents can have unforeseen financial consequences. A personal accident policy acts as a safety net, helping to protect your financial stability and ensuring your family's future is secure even if an accident occurs.

Essentially, a personal accident policy complements your existing health and life insurance by providing targeted protection against the financial risks associated with accidents.