Tuesday, January 4, 2011

Know About Personal Accident Insurance

Now a days there are number of insurance policies, they have different benefits. You can choose some of them to get protection from different risks. You can take the policy to get protection from unfortunate accidents by these insurance policies. There are many types of insurance policies available, to get protection from accidents.

Your expenses are covered by the personal accident insurance from an accident with a lump sum payment of daily or monthly amount and this insurance also pays for loss of life from an accident. Other forms of personal accident policies are similar to disability income except accidental death. Some amount of cash can be paid for an injury caused by an accident. There are some popular type personal accident insurance, such as:


Cash for accident: This policy pays cash for your injury which is caused by the accident. Then it will help you for treatment costs and also cover the other expenses. This type of insurance policy will help you to get money, if you can not go to work due to an accident, so that you can run your home for time being.


Accidental death: This types of insurance is a part of personal accidental insurance. Compensation can be paid by this insurance policy, if any one dies because of death but it does not provide compensation, if any one dies because of a disease or illness. It is similar to life insurance policy but it will not cover wide array of circumstances.


Disability insurance: Disability coverage is one of the part of the personal accident insurance. This type of insurance will pay monthly to you if you are severely injured and are unable to walk. You will be covered for 26 weeks.


These are types of personal accident insurance, these may help you to get compensation for your injury or death. You can choose any policy to get protection from accidental expenditure.


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