What to Consider While Buying Personal Accident Insurance in India?

1
What to Consider While Buying Personal Accident
Insurance in India?
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• Now a days more and more people are buying
  personal accident insurance as a potential hedge
  against uncertain events.
• One therefore needs to take a conscious step of
  buying a personal accident policy. Below are the
  factors that you will have to take into mind
  before buying a particular personal accident plan.

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Premium

• It is that most important thing in personal
  accident insurance as it is to be paid regularly
  to the insurance company in order to get insured.
  The amount of the premium depends upon the nature
  and extention of the coverage.

4
Policy coverage

• Always check the policy coverage. It should be
  such that almost cover all your daily activities
  which may head to accidents at home or at work
  place. The wider the coverage the better it is
  for you.

5

• A personal accident insurance policy must cover
  benefits such as Accidental Death, Broken Bones,
  Permanent Total Disablement, Hospital Cash and
  Burns (due to an accident) along with Ambulance
  cost.

6
Reputation

• The reputation and claim settlement ratio of the
  insurance company are also important. One must
  search online or consult with others regarding
  reviews of a particular company as well as one
  must also check the claim settlement ratio of the
  insurance company. You can choose an insurer like
  HDFC ERGO which has an good track record.

Claim settlement ratio
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Coverage When You are in abroad

• You must check that the policy provide you
  coverage when you are going abroad.

Get more information on personal accident
insurance at https//www.hdfcergo.com/personal-ac
cident/personal-accident-insurance.html
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-accident--insurance/Key-factors-to-be-considered.
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