Thats where personal accident cover plays a role.
Personal accident cover in vehicle insurance. It provides compensation in case the owner-driver of the car suffered from bodily injuries permanent disability or death following the car accident. Third Party Liability Mandatory Covers you in case of accidental property damage or bodily injury caused to others. Its there to protect you and your family should you sustain a serious injury or die from an accident in your car.
Following are the instructions to make one. Personal accident cover is a means of protection for owner-drivers against accident-related injuries or financial security to their loved ones in case of owner-drivers accident-related death. Accidents can cause significant damage.
This rider offers protection to the owner or the driver if he or she is employed. What Is Personal Accident Cover In Car Insurance. But while vehicles can be repaired or replaced recovering from the physical effects of a crash could be much harder.
What is Personal Accident Cover in Car Insurance. This coverage protects the policyholder against personal damages. The cover is offered along with vehicle insurance similar to general insurance that offers financial compensation.
Personal mishap Covers are optional coverages that can be added to your car insurance policy. Whether the injury is major or minor compensation can be availed by the policyholder of the car insurance policy. Your insurer will pay for damages to your vehicle.
What is Personal Accident Cover in Car Insurance. Bodily Injury Liability Insurance Your bodily injury coverage will cover the costs of your injuries and that of your passengers when youre determined to be at fault for an accident. This means that the policy will provide financial assistance for the policyholders damages.