What Is Personal Accident Insurance?

What does this Personal Accident Insurance Policy Not Cover?

• Any claim in the same period of insurance exceeding the capital sum insured
• Payment of compensation due to death or disablement arising out of Suicide attempted suicide etc.
• Pregnancy and/or childbirth
• War and nuclear perils
• Ionizing radiation or radioactivity
• HIV / AIDS / or death due to any disease
• Natural death (not under the influence of intoxicating liquor or drugs)

How to cancel Personal Accident Insurance Online?

Personal accident insurance is the least opted insurance in our country. This is due to the lack of awareness regarding the benefits offered by this product. This is also the cheapest insurance product available in the market with exclusive range of coverage. Under the personal accident insurance financial coverage is provided if the policyholder meets with death or disability. Go to mParivahan website to cancel your personal accident insurance online if need help:1800-123-4003.

What is Liability Insurance?

Liability insurance is a type of insurance that offers protection to businesses and individuals from risk that they may be held legally or sued for negligence, malpractice or injury. Liability insurance protects the insured customers from legal payouts and costs for which the policyholder is deemed responsible. Liability is the responsibility of the insured customer for the damages caused to the third party due to the negligence, malpractice or injury.

What is the 12Rs Insurance Scheme?

PMSBY(Pradhan Mantri Suraksha Bima Yojana) is an insurance scheme that provides accidental death and disability coverage for one year. With a minimum premium rate of Rs. 12/- per annum, this policy is most beneficial to the BPL or Less Fortune People of the society. PMSBY provides life coverage of Rs. 2 lakh for the accidental demise and permanent total disability and Rs. 1 lakh for permanent partial disability.

What is Fire Insurance?

fire insurance provides cover for the loss or damage caused to the insured property due to Fire and allied perils acting at the time of the accident. The fire insurance policy provides financial compensation to the insured customer in case of loss to the insured property due to fire and allied perils.