Best Personal Accident Insurance 2023 – Detailed Overview
1. Navi Health Insurance Personal Accident Insurance Policy
There are several benefits offered by this insurance policy based on different terms and conditions. Few benefits of Navi personal accident insurance policy are given below.
Coverage: Upto ₹1 crore
Fitness Status Bonus: 5% off on premium during renewal if the insured person walks an average of 4000 steps daily for a minimum 250 days.
No Claim Bonus Reward: A percentage of total sum insured is carried forward to next year if you do not claim within the said year.
Minimum Premium: ₹235/month
2. Aditya Birla Capital Activ Secure Personal Accident
Besides being an active healthcare plan, Aditya Birla also has a vast network of hospitals to offer you a good treatment in time of need. In addition they also have a 24/7 customer support facility. Is one of the best accidental insurance plans.
Coverage: Upto ₹20 crore
Education Benefit: Lump sum payout of 10% upto ₹10 lakh for education cost of children.
Compassionate Visit: ₹10,000 to ₹25,000 for travel of a family member to visit you in hospital.
Minimum Premium: ₹212/year
3. Bajaj Allianz Premium Personal Guard Policy
This insurance policy is one of the affordable accident insurance plans for you and your family. The basic features available for this plan are given below.
Coverage: Upto ₹25 lakh
Extensive Cover: Get 100% of sum insured incase of death and 125% in case of permanent disability.
Child Education Benefit: Get ₹5000 as one time payout towards your child’s education if you suffer through permanent disability or death due to an accident.
Minimum Premium: ₹1300/year.
4. Bharti AXA Insurance Smart Individual Personal Accident
This is also an affordable plan for individuals and families. Features available for this policy are mentioned below.
Coverage: Upto ₹30 lakh
High Coverage: This policy pays upto 125% of sum insured incase of permanent disability.
Tax Benefits: You can enjoy tax benefits from this plan as per Income Tax Act 1961.
Minimum Premium: ₹24
5. Niva Health Insurance AccidentCare
You can get this plan for a low premium and get coverage anywhere in the world. Features of this plan are mentioned below.
Coverage: Upto ₹5 crore
Direct Claim Settlement: After you claim insurance the settlement will be executed directly by company executives without third-party involvement.
Global Coverage: If you purchase this plan, you will be covered by the insurance anywhere in the world, excluding hospital services, which is limited within India.
Minimum Premium: ₹6444/year
6. ICICI Lombard Personal Protect Personal Accidental Plan
One of the best features of this policy is its age criteria. You can insure yourself upto the age of 80 years. Other features are given below.
Coverage: Upto ₹25 lakh
Renewability: With this plan you can get the benefit of lifetime renewability.
Tenure: You can get a tenure of upto 5 years.
Minimum Premium: ₹366
7. Care Health Insurance Personal Accident Plan
This insurance policy has a 95% claim settlement ratio and affordable premium rates. Few features of this policy are mentioned below.
Coverage: Upto ₹6 crore
Network Hospitals: This policy has close to 10,000 network hospitals to ensure your treatment.
Zero Waiting: There is no waiting period for this plan to claim an accident cover.
Minimum Premium: ₹456/month
8. HDFC ERGO General Insurance Personal Accident plan
Being one of the highest in terms of claim settlement, this plan has a 100% settlement ratio. Look at the basic features of this policy below.
Coverage: NA
No Medical Checkup: You do not need a medical check up to claim insurance with this policy.
Renewability: This plan offers lifelong renewability for an insured person.
Minimum Premium: ₹24/day
9. Apollo Munich Individual Personal Accident Standard
This policy allows you to insure a person from the age of 91 days. Check out the other features listed below.
Coverage: Upto ₹5 crore
Discount: 10% If 2 members are insured under the same policy. 5% cumulative discount for no claim years.
Renewability: it offers lifelong renewability.
Minimum Premium: ₹300/year
10. Star Health Accident Care Individual Insurance
There is a 90% claim settlement ratio for this insurance plan. It offers affordable rates and several other features that are mentioned below.
Coverage: ₹15 lakh.
Transportation of imported Medicine: Upto 5% of total sum insured with maximum amount of ₹20,000.
Renovation/Repair: Upto 10% of total sum insured with maximum amount of ₹50,000.
Minimum Premium: ₹215/year
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