What is Personal Accident Insurance?
Personal Accident Insurance is an insurance product that provides financial protection to the insured person in the event of bodily injury, temporary or permanent disability, or loss of life resulting from a sudden and unforeseen accident. Depending on the policy terms and conditions, this insurance may provide 24-hour coverage or be limited to specific activities.
Personal Accident Insurance is widely used by individuals, employees, organised groups, and companies seeking to provide additional protection for their staff, thereby contributing to the financial security and well-being of the insured persons.