Personal Accident Cover in Car Insurance
Personal Accident (PA) Cover is a car insurance policy that provides financial protection to the policyholder (driver) and passengers in case of accidental injuries, disability, or death. It is mandatory in many countries, including India, for vehicle owners.
Coverage of PA Insurance
- Accidental Death:Provides a lump sum amount to the nominee if the insured dies in a car accident.
- Permanent Total Disability (PTD):Covers full disability (e.g., loss of both limbs, eyesight, or paralysis).
- Permanent Partial Disability (PPD):Compensation for partial disabilities like loss of one limb or reduced mobility.
- Temporary Total Disability (TTD) (Optional):Provides weekly compensation if the insured is unable to work temporarily.
- Medical Expenses Cover:Reimburses hospitalization, surgeries, and rehabilitation costs.
- Passenger Cover (Optional Add-on):Extends coverage to co-passengers in the vehicle.
- Funeral & Transportation Costs:Covers the cost of cremation or burial and transportation of the deceased.
Exclusions (What is NOT Covered?)
- Drunk Driving or Driving Without a License
- Intentional Self-Injury or Suicide Attempts
- Accidents Due to Illegal Activities (Racing, Stunts, etc.)
- Pre-existing Conditions or Natural Death
- Injuries from War, Terrorist Acts, or Nuclear Risks
Who Needs a PA Cover?
- Car Owners & Drivers: (Mandatory in many regions like India).
- Frequent Travelers: Those who drive long distances regularly.
- Passengers: Families or business travelers can opt for additional coverage.
Types of PA Cover in India
- Mandatory PA Cover:Required for vehicle owners with a minimum ₹15 lakh coverage.
- Standalone PA Cover: A separate policy that provides higher sum insured options.
- PA Cover for Passengers: Optional add-on that protects co-passengers in the car.
