Due to a number of facts, the uncertainty of life has increased manifold since the fast few decades. There is no end to probabilities of situations when any untoward accident might change your life forever. For such uncertain emergencies, accidental insurance policies offer extensive coverage to tackle and overcome such situations.
Uncertain emergencies might show up at any time. There is no way that you can prevent such emergency situations from taking place, but yes, there is a way by which you can safeguard yourself against the odds that you might face leading to such situations. Accidental policies cover a large part of such emergency situations like accidents, mishap, death and more, providing financial help to the insured or to his or her family when they are in need of it the most.
Any uncertain situation might bring in a huge financial expense and leave you in an unimaginable plight. But with an accident protection plan, you can be rest assured that at times of emergency; the insurance company is with you to help you wade through troubled waters.
IFFCO Tokio, one of the leading insurance companies brings to you a beneficial and comprehensive accidental insurance policy that offers extensive damage and death coverage in any kind of accidents or emergency situations.
The Key Highlights of the Policy Include:
The IFFCO Tokio personal accident insurance policy provides 360 degrees protection and security against all accidental situations that might lead to untimely death or physical injury of the insured person.
If untimely death is caused due to the accident, the policy assures to provide complete financial security to the Insured’s family members. If the insured person faces physical deformities or is handicapped for the rest or part of his life in the accident, he is will be paid a fixed percentage of sum Insured depending upon the type of disablement for the rest of life.
Coverage:
- Death: 100% coverage
- Loss of both eyes and limbs: 100% coverage
- Loss of either one limb or one eye: 50% coverage
- Permanent disablement: 100% of coverage
Dependent Children Educational Benefits: In the unfortunate event of death or loss of limbs or eyes of the Insured, the policy will cover the education expenses of the dependent children up to specified limits.
Financial Compensation: The accidental policy will pay a fixed sum to the insured if he or she looses employment due to the accident as a result of permanent disability.
Ambulance Accident Coverage: If any accident occurs while using an ambulance by the Insured to reach a hospital, the Policy will pay the necessary charges up to a specified limit.
Miscellaneous Benefits: Apart from these situations, the policy also covers expenses such as expenses of carriage of dead body, clothing damages etc.
Conclusion:
Accidental policies are beneficial as they bail you out of your financial woes in a lot of uncertain emergencies and also help stay protected against any emergency financial expenses. In an uncertain world, you never know when you will find yourself entangled in such untoward situations, so it is always better to have your protection at hand.