Personal Accident Car Insurance Coverage: A Handy Guide

Accidents are unforeseeable. Driving a car on Indian roads is a difficult task due to traffic and narrow roads. If you are in an accident, your car is very likely to have been damaged. These types of damages typically result in high repair costs. If you want to avoid these costs, you should have comprehensive car insurance. Adding add-on covers to your car insurance policy allows you to get the most coverage possible.

What Is Personal Accident Cover In Car Insurance?

Personal mishap Covers are optional coverages that can be added to your car insurance policy. This coverage protects the policyholder against personal damages. This means that the policy will provide financial assistance for the policyholder's damages. Accidents can cause significant damage. The Personal Accident Coverage provides financial assistance to treat any bodily injuries as well as the costs incurred to repair the car's damages. In the event of the policyholder's death, the nominee is compensated in full. Adding this to your car insurance policy will be extremely beneficial and provide you with peace of mind while driving.

What Is Covered In The PA Cover of Your Car Insurance?

The following situations are covered under the PA Cover for your car insurance policy-

• The insurance covers the costs of repairing the damages caused by the car collision.
• The PA cover also covers medical expenses incurred as a result of any injuries sustained in the accident.
• In the event of a permanent disability, the insured is entitled to full compensation.
• With an additional premium, the insurance will also cover the paid driver, cleaner, or conductor, as well as the passengers.
• If the policyholder loses sight in one of his or her eyes or a limb, the insured will receive half of the sum insured.

What Are The Exclusions In The PA Cover of Your Car Insurance?

Although there are many advantages to having PA coverage, there are times when your claim may be denied. The following are the situations in which your PA policy does not provide coverage-

• Any activity that was bound to provoke self-harm.
• Intoxication which resulted in causing death or disability.
• As a result of participating in risky activities, you may die or become disabled.
• Medical conditions that existed previously.
• Any accident caused by illegal activities, or any injuries sustained while driving illegally by the policyholder.

Significance of A Personal Accident Cover For Car Insurance

Purchasing a Personal Accident cover provides numerous advantages to the policyholder. It is not only obligatory, but also a necessity for protecting yourself from financial liabilities as a result of being involved in an accident. The following are some of the reasons why you should hire a PA:

• Mandatory By Law In India

To drive legally in India, you must have Personal Accident Insurance. If you are pulled over by a traffic officer and do not have PA coverage in your car insurance policy, you may face imprisonment and/or heavy fines.

• Reliable Financial Assistance 

Accidents can be traumatic experiences. Arranging finance at that time can add to the frustration and anxiety. Including a PA cover in your car insurance policy will provide you with financial security by insuring the amount that must be spent for medical and repair expenses. The policyholder will find it easier to deal with the accident as a result of this.

• Financial Assistance in the Event of Death

Some major accidents may result in the policyholder's tragic death. In such cases, the nominee named in the policy can make a claim and receive full compensation. If there is no other source of income, the policy will cover the family's financial needs.

Take Away

The unpredictability of accidents is a major reason why you should buy a car insurance policy that provides maximum coverage. Make sure to purchase the appropriate add-ons to meet your needs and drive safely.

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Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.