News From Press Seat belt, helmet, traffic rules: Rules of personal accident insurance

Seat belt, helmet, traffic rules: Rules of personal accident insurance

Source: Business Standard Sep 10, 2022

Businessman Cyrus Mistry’s death in a car crash on September 4 has brought attention to personal accident (PA) insurance. A standalone personal plan covers against the financial impact of an accident.

"Personal accident insurance provides coverage against accidents leading to bodily injuries, disability (partial or complete) or accidental death," says Naval Goel, founder and chief executive officer (CEO) of PolicyX.com.

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