Personal Accident Cover: Everything You Need to Do for Your Family’s Safety

In today’s hasty life, everyone wants to live with a speed. No doubt, there are multiple benefits of driving in a fast lane, but at the same time, it carries a lot of unpredictable facts with them. As life comes with lots of twists and turns so it can never be said, when will an unfortunate accident happen and will take your life in a reverse gear.

Therefore, to bring you back on track, insurance companies have come up with myriads of accidental covers to ensure that you and your loved ones get a passable financial help to recover from such a misfortune. 

So here comes a list of a few details regarding accidental covers with a descriptive layout to make you understand all the crux of them:
 

What is An Accidental Cover?

Accidents are as unpredictable as its name suggests. They can happen while traveling through vehicle or maybe while doing any usual activity that you have no control over. However, to look after your family after such an incident personal accidental covers are designed. These accidental covers are made to lessen the burden of the insured person through some financial help, which the insurance companies will offer to the insured person’s family at the time of such a miss happening.
 

What all points it Cover?

These accidental plans, cover accidental death, disability due to an accident, Medical expenses for the accidental treatment, etc. To sum up all we can simply say that if you face any unfortunate accident and are having a personal accident cover then at least your financial needs can be taken care of.
 

What are the benefits of having an accidental cover?

An accident can lead anyone to a shattering trauma as it can turn to loss of life or can lead to a permanent disability. Therefore, in such a case, the entire family has to suffer, especially if the victim is the whole and sole earner for the whole family. While at the same time, the family has to bear additional expenses of the aid given to the victim. However, keeping all this in mind, the policy of accidental covers is designed:
 

• All medical expenses would be taken care of
• Legal as well as funeral expenses are being covered
• A substantial cover with minimal premium amounts
• No load of documentation or a paperwork
• Eligible for dual or double indemnity if the miss happening was while traveling in a public transport

These are few of the major benefits of going for a personal accident cover, which will enhance you with a smoother financial state even after such an accident.
 

Who is Eligible?

Irrespective of age, gender, caste, or creed, everyone is eligible for a personal accident cover. However, the best time to go for buying an accidental cover is is your early age when you have started with your job, in order to make it secure during a contingency.

Your life is precious and so does your body and organs are. So go and get them insured under several accidental covers. As it is said that if you want something good for yourself, you should get it yourself similarly to get the best deal you have to explore several policies and go for an apt policy that can serve you best at any unfortunate time.

Vision Insurance: A Subject to Employees Health

Taking care of your eyes is an essential element for your healthy being and through vision insurance; we can add a pinch of extra care towards our eyes. Many of the insurance covers do not wrap vision care such as eye exams, eye-wear, and accessories so without having a vision insurance you have to pay for all facilities separately due to which many of the people do not go for a vision check up to avoid such expenses. 

Bad vision can create various problems with job due to decreased productivity and even safety problems. Therefore, in order to help the employees, an employer can add an extra vision cover in the employee benefits plan. It is a gradually budding method, which is practiced to bring more value to the employees.

How Does This Coverage Work?

A Vision Coverage carries a laser vision correction surgery, which covers either an insurance benefit or a discount that may be applied to various eye surgery procedures that requires a referral from a physician.

Vision benefits are also of two types: 

• Part-time
• Full-time

Therefore, some employers may offer part-time vision benefits and some may go for that of a full-time covers, which may depend on hours worked per day or in a week or in a year.

Vision insurance can come up with a blend of various covers and discount programs. Some plans may even offer coverage for people who have no access to vision insurance through their employers.

On the other hand, it is very important to understand the difference between a discount and a vision insurance as discount cannot be referred to a vision insurance. In various cases, the discounts not even meet the minimum coverage requirements and employees become responsible to look out for various costs, but they may receive services related to their vision plans at a discounted rate. No doubt, all this requires additional paperwork as these carry some state regulations that apply to different discount programs.

Additional cost may vary, depending on the procedure and regulations applied to the discount. With health insurance covers, these vision care providers can educate your employees on proper eye and health care, as well as the employers can keep their employees informed about their eye safety and different plans which may cover their concerned cause.

Incorporating all this information in your employee benefits plan and communicating it properly with your workforce can ensure your employees are getting the most out of this essential intended benefit.

Dental Insurance: Way of Trenching Your Dental Problems

Your mouth can be a true indicator of your overall health so, a customary dental care is very essential. Moreover, a dental insurance is very important to ensure a proper and regular dental check-up for your better well-being. In addition, here are a few more benefits of going for a dental insurance: 

Pre-emptive Care:

We often sloth with the idea of visiting a dentist, but having a dental insurance can avoid this situation, because the cover will endow the people with a thrust to see the dentist more often. All this will benefit both, insurer as well as the insured. Certainly, it becomes very difficult to deal with the situations like a gum disease or a cavity, but getting an oral care twice a year will reduce the chances of worrying about the depressing phases of your oral health.
 

Helps to gear up at the time of emergencies:

At the time of emergency dental care, the financial benefits of an insurance cover are significant, but another plus point of having such a plan is that it helps in carrying the whole process more efficiently.
 

Helps in doing more with less cost:

The best way of keeping the dental care cost low is by getting your dental’s insured, especially in those cases where you will be requiring an extensive effort to be taken on your teeth such as a surgery. In addition, sometimes a need may arise for an emergency dental care, which may carry a lot of cost, but an insurance cover will help in reducing that cost to the best possible extent.
 

Services offered by the best dentist:

The list of dentists provided by these insurance companies is approved and verified in their best interest to ensure that you are being provided with one of the finest dentist. As the one using old techniques or not considering your dental records properly may encourage you to go for various unnecessary and expensive treatments, which may further result in costly healing process and dangerous oral health conditions.

The cost of any oral care could charge you as a skyrocket, especially if you are a family man as you may be possible for having the responsibility of taking your kids as well as your spouse for routine check-ups. In such a case, many insurance covers are waiting to serve in the best possible way for getting you as well as your family insured.

Accident Covers - A Little Heed To Make Your Life Safe

Accidents have become so common these days, especially in today’s busy life schedule it is the least expected thing that anyone will ever think of happening. No one can plan accidents, but can plan to be prepared financially to handle the situation in a better way. However, due to lower commission the insurance service providers generally do not promote personal accidental covers as they focus on insurance products, which provide them with high commissions. However, personal accident coverage is the missing element in the insurance market as health and insurance covers are dominating the personal accident plans. 

What are Personal Accidental Covers?

A personal accident cover comes into play when the insured person passes away or undergoes an accident. Just like other insurance schemes in this insurance also, the insured person has to pay a certain amount of premium based on the scheme and the plan will take care of the rest when the incident occurs.

Is This Cover Important?

If this question arises in your mind, then to bring it to your knowledge, it can be said that even if a person is covered under term insurance or has a mediclaim policy then also a personal accident cover is important. In case if a person dies in a mortal accident, then the insurance cover will possibly pay enough, but what if the accident left her/him partially or completely disabled? The latter situation could lead in temporary or permanent unemployment.

The savings might handle the situation for some time, but certainly, it would not be enough. Therefore, this cover will take care at that time. Personal accident cover will pay for the insured person’s death and take care of the rest in case of partial or permanent disability of the insured.

Personal accident cover act as a safeguard against the loss of income due to the cause of accident. The insured person can get several lakhs of sum insured in return of a few hundred rupees per year. Unlike other insurance plans, personal accident cover is not calculated from the insured’s age as the premium depends on the job category of the same. In other words the higher the risk element of the job the higher the insurance amount.

There are different insurance plans which depend on the impact like permanent or 100% disability or death or temporary disability. In case of permanent disability or death, there is a 100% payout and in case of partial disability different insurance plans cover different areas.

While going for any insurance do have a look on the exclusions or the terms and conditions that apply to your insurance cover as some of the plans does not give covers for partial disability, leaving the insured with no financial back in this condition. The policy holder should know that the accidents like suicide attempts, self inflicted injuries are not included under the covers.

So get a safe life and find the best personal accident insurance cover for yourself.