Permanent Exclusion Clauses in Personal Accident Insurance: Key Insights for Policyholders
|

Permanent Exclusion Clauses in Personal Accident Insurance: Key Insights for Policyholders

It is often seen that when a person takes an insurance policy, he compares certain parameters very carefully such as premium, benefits and features, in fact, the insurance company but there are many clauses in the insurance policy in which an insurance claim is not given, which is called “Permanent Exclusion”

Understanding the Benefits of Broken Bone in Personal Accident Policy

Understanding the Benefits of Broken Bone in Personal Accident Policy

Some benefits of insurance plans are very complex, which is very important to understand, an integral business practice is also necessary for insurance managers and intermediaries, and also for the customer to be well aware of how much, how and how much he will get.

Some sub-limits are also applicable in some optional covers of Personal Accident Policy which also includes the features of Broken Bone. In which there is some pre-defined % that is based on the sum insured of the Broken Bone and not on the base sum insured of the policy

What is Personal Accident Policy?

What is Personal Accident Policy?

It is a myth that if you have indemnity health insurance and term life insurance in your portfolio, those will be enough and there is no further insurance product, but wait a while, Personal Accident policy should be in your portfolio too, the main reason behind this is PA policy will cover your liabilities where are indemnity health insurance cover your emergency medical expenses and term life insurance cover the compensation of death, but this product will not offer the lumpsum cash …please read this article completely and you get to know that ……