News From Press De-jargon: Personal accident cover

De-jargon: Personal accident cover

Source: Mint Oct 24, 2017

You cannot know when an accident will strike, but you do know that it can do any of the following: claim your life, land you in a hospital or leave you disabled.

While a term insurance policy will take care of providing for your dependants on your death and a health insurance policy will pay for hospital bills; you need insurance for loss of income as well due to a disability that may impair your ability to work.

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