Your life is at risk the moment you step out of the house but that doesn’t mean you stop living your normal routine. Here's why everyone needs a personal accident insurance policy:
You buy this type of insurance personally. It is more customisable as you purchase add-ons, increase the sum assured, and take cover for short-term injuries. The personal accident insurance benefits are better if you purchase this policy.
A group insurance is typically purchased by the employer for their employees. It offers all benefits that are included in a basic plan. All employers need to follow the IRDA Act, 1999 of the Government of India. Since you can’t add any extra coverage, it less efficient than an individual plan.
Find the best personal insurance policy in India for your requirements using Insurance Efficient. We are a one-stop destination for all things insurance to help you throughout the entire process. Use the comparison tool to compare the policies from the best insurance companies for free.