Home, Personal Accident and Car Insurance

Know the features, benefits before you buy them

- Ashwini Kumar Sharma

Owning a home is a prized possession for most of us. Keeping it and its content secure is also something we all make sure to follow. Buying a home insurance policy is a better approach to keep the risks covered. Similarly, car is another big-ticket purchase that happens in one’s life. Keeping all the risks covered through a car insurance policy is what one must ensure. Now, whether one is driving or are at home, the risk of meeting up with an accident exists. There’s the personal accident policy to provide such a coverage. let us look at some of the key things in these three policies.

PERSONAL ACCIDENT COVER

If you think you don’t need a personal accident cover, as you don’t drive a bike or car, think again. The need for this cover lies in fact that even if we obey traffic rules the other vehicle driver may not which can result in permanent disability or even death. Life insurance policies provide for claims against natural or accidental death. However, the personal accident policies provide for claims only against accidental death. An accident leading to a permanent disability ora temporary disability has a bigger the risk, as the financial loss resulting from the hospital expenses as well as job loss can be high.