All types of accidental death, disability and hospitalization claims verification .
Did you know that in recent years you have become more prone to accidents than you would have ever imagined? Some of these alarming statistics reveal that:
According to National Crime Records Bureau (NCRB), total 4, 00,517 people died of unfortunate deaths in 2013, a rise of 14% over the previous year.
According to the World Health Organization (WHO), the death rate per 1, 00,000 of the population for road traffic accident was 18.9 in 2013.
While minor accidents can indispose you temporarily, major ones can severely impact your life and well-being. A sound insurance plan to protect you from economic repercussions of having a mishap has become a necessity.
The value of the human life is immeasurable, but with a view to providing some relief to the injured person or a dependent, insurance companies have devised this insurance policy.
It refers to an insurance which offers compensation in the event of demise, bodily hurts, impairment or mutilation resulting from an event, such as a violent, hazardous, visible and external means.
1214 road accidents occur every day in India.
Irrespective of your age, occupation and health, it is strongly advised to purchase accident insurance. In fact, you should buy this plan as soon as you start earning. It is more important for those who have taken loans, vehicle loans, and mortgages because this would offer protection towards repayment of the outstanding balance in the event of a mishap. Unlike life insurance policy, the premium of this policy will be decided by your occupation rather than age. You will be able to pay online and make sure it does not lapse. Generally, there are 3 categories under which occupational risks can be segmented-
