Personal Accident Policy in India
A Personal Accident (PA) Policy offers financial security to an individual and their family against unforeseen losses caused solely due to accidental events. Instead of reimbursing hospital bills, it provides a fixed compensation (Sum Insured) based on the nature of injury, disability, or death caused by an accident.
Employee Benefits
What Does a Personal Accident Policy Cover?
🔹 Accidental Death
Lump-sum payout of 100% of the Sum Insured in case of death caused by an accident.
🔹 Permanent Total Disability (PTD)
Coverage up to 100% of Sum Insured if the accident leads to lifelong complete disability such as:
• Loss of both limbs
• Total blindness in both eyes
• Paralysis, inability to work permanently
🔹 Temporary Total Disability (TTD)
Weekly income support when the insured is temporarily unable to work, usually:
âž¡ 1% of Sum Insured per week, for up to 104 weeks
🔹 Permanent Partial Disability (PPD)
A defined percentage of Sum Insured paid if the accident causes permanent partial loss like:
• Loss of one limb
• Loss of one eye, finger, or toe
• Partial but irreversible disability
Lump-sum payout of 100% of the Sum Insured in case of death caused by an accident.
🔹 Permanent Total Disability (PTD)
Coverage up to 100% of Sum Insured if the accident leads to lifelong complete disability such as:
• Loss of both limbs
• Total blindness in both eyes
• Paralysis, inability to work permanently
🔹 Temporary Total Disability (TTD)
Weekly income support when the insured is temporarily unable to work, usually:
âž¡ 1% of Sum Insured per week, for up to 104 weeks
🔹 Permanent Partial Disability (PPD)
A defined percentage of Sum Insured paid if the accident causes permanent partial loss like:
• Loss of one limb
• Loss of one eye, finger, or toe
• Partial but irreversible disability
What Does a Personal Accident Policy Cover?
🔹 Accidental Death
Lump-sum payout of 100% of the Sum Insured in case of death caused by an accident.
🔹 Permanent Total Disability (PTD)
Coverage up to 100% of Sum Insured if the accident leads to lifelong complete disability such as:
• Loss of both limbs
• Total blindness in both eyes
• Paralysis, inability to work permanently
🔹 Temporary Total Disability (TTD)
Weekly income support when the insured is temporarily unable to work, usually:
âž¡ 1% of Sum Insured per week, for up to 104 weeks
🔹 Permanent Partial Disability (PPD)
A defined percentage of Sum Insured paid if the accident causes permanent partial loss like:
• Loss of one limb
• Loss of one eye, finger, or toe
• Partial but irreversible disability
Lump-sum payout of 100% of the Sum Insured in case of death caused by an accident.
🔹 Permanent Total Disability (PTD)
Coverage up to 100% of Sum Insured if the accident leads to lifelong complete disability such as:
• Loss of both limbs
• Total blindness in both eyes
• Paralysis, inability to work permanently
🔹 Temporary Total Disability (TTD)
Weekly income support when the insured is temporarily unable to work, usually:
âž¡ 1% of Sum Insured per week, for up to 104 weeks
🔹 Permanent Partial Disability (PPD)
A defined percentage of Sum Insured paid if the accident causes permanent partial loss like:
• Loss of one limb
• Loss of one eye, finger, or toe
• Partial but irreversible disability
Additional Benefits (Optional or Built-In by Insurers)
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🔹  Child Education Benefit — Financial assistance for children’s education in case of death or PTD of parent
🔹  Hospital Cash Allowance — Fixed daily payout during hospitalisation due to accident
🔹  Fracture & Burns Benefit — Pre-defined payout for bone fractures or severe burns
🔹  Ambulance Charges — Coverage for emergency road ambulance expenses
🔹  Medical Expenses Add-On — Reimbursement for accident-related treatment/hospital costs
🔹 Transportation of Mortal Remains — Support for shifting the body (if death occurs away from home)
What Is Not Covered?
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✖ Illness, disease, or natural death
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✖ Self-inflicted injuries or suicide
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✖ Accidents under alcohol/drug influence
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✖ War, nuclear risk, adventure sports (unless added separately)
✅ In simple terms:
A Personal Accident Policy protects your income, your independence and your family’s future when life takes an unexpected turn due to an accident.
📌 Insurance Mart ensures you get the right PA coverage—so that at the time of need, your family gets complete financial support without struggle.
