Who needs accident insurance?

Accident insurance covers death, dismemberment, disability, loss of sight, loss of income, and medical expenses caused by accidental injury.

• What's the difference between health insurance and accident insurance? Is it advisable to have both?
  Having both health insurance and accident insurance is best. Accident insurance covers accident-related claims (i.e. death, disability, dismemberment, etc.) while health insurance covers medical availments which may or may not be accidental in nature.

• How much is accident insurance?
  Price depends on the nature of work, the age of the person to be covered, and the amount of coverage.

• What are the requirements needed to claim accident insurance?
  Accomplished claim forms provided by insurer, death certificate, birth certificate of beneficiaries, marriage certificate, police report, incident report, copy of valid IDs of the assured and beneficiaries. For accidental medical reimbursement claims, medical certificate, hospital charge slips, official receipts, discharge summary, and all other documents related to the hospital availment of the assured.

• Is there a procedure followed to claim personal accident insurance?
  In the event of a claim, the assured should inform the broker there is a claim to be filed right away so the insurer can be alerted.

• How soon after an accident can you post a claim?
  Complete claim documents should be submitted to the insurer within 30 days from the date of the accident.