Assurmate
Personal insurance

Personal Accident Insurance

Personal Accident (PA) insurance pays a lump sum if an accident leads to your death or disability, plus weekly money if an injury stops you from earning for a while. It is one of the most affordable covers in India and works alongside your health and life insurance, paying out on top of any other policy. You can buy it through Assurmate, a trusted insurance advisory, after comparing options from 75+ insurance partners for free.

What it is

Personal Accident insurance is a benefit policy that protects you and your family financially against the consequences of an accident. If an accident results in death or a permanent disability, the policy pays a fixed lump sum (the sum insured) regardless of your actual medical bills. If a temporary injury keeps you off work, many plans pay a weekly amount to replace lost income for a defined period.

Unlike health insurance, PA cover is not about reimbursing hospital costs; it is about replacing the income and providing a financial cushion when an accident affects your ability to earn. Premiums are usually low because they are linked to your occupation risk rather than your age or medical history, and the cover typically operates worldwide, 24x7.

Who needs it

Anyone who earns an income or whose family depends on them should consider Personal Accident cover, but it is especially valuable for the sole or primary breadwinner, self-employed professionals, gig workers and SME owners who have no employer-provided safety net. People who travel frequently, commute on two-wheelers, or work in field, manufacturing or higher-risk occupations face greater accident exposure and benefit most. Because premiums are low and the payout is a clean lump sum, PA insurance is a sensible, affordable add-on for almost every working-age adult, complementing health and term life policies rather than replacing them.

What's covered

  • Accidental Death (AD) - full sum insured paid as a lump sum to your nominee
  • Permanent Total Disability (PTD) - lump sum, often equal to or a multiple of the sum insured
  • Permanent Partial Disability (PPD) - a percentage of the sum insured based on the body part affected
  • Temporary Total Disability (TTD) - weekly compensation for income lost while you recover
  • Worldwide, round-the-clock cover for accidents at home, work or while travelling
  • Loss of limbs, sight, hearing or speech caused by an accident, per the policy scale
  • Transportation of mortal remains and funeral expenses (varies by insurer and policy wording)
  • Optional benefits such as education grants for children and daily hospital cash

Typically not covered

  • Death or injury from illness, disease or any natural (non-accidental) cause
  • Self-inflicted injuries, suicide or attempted suicide
  • Accidents while under the influence of alcohol or drugs not prescribed by a doctor
  • Injuries from war, riots, terrorism or nuclear/radioactive events (varies by insurer)
  • Participation in hazardous activities, adventure sports or criminal acts unless specifically covered
  • Accidents while serving in the armed forces, or while breaking the law such as driving without a valid licence

Why buy it through Assurmate

Pays on top of every other policy

PA benefits are paid in full regardless of any health or life claim, so your family gets this lump sum in addition to other insurance payouts.

Affordable, occupation-based pricing

Premiums depend mainly on your job risk, not your age or medical history, making high cover available for a very modest yearly cost.

Income protection while you recover

Weekly compensation for temporary disability helps replace lost earnings, so an injury does not derail your monthly finances.

No medical tests for most plans

PA policies usually need little or no medical underwriting, so cover can be issued quickly and easily.

Worldwide 24x7 protection

You are covered for accidents anywhere in the world and at any time, whether at work, at home or while travelling.

Free, conflict-free guidance from Assurmate

Our IRDAI-certified advisors compare plans across 75+ insurance partners, explain the wording in plain language and stand by you at claim time, at no extra cost to you.

Optional add-ons

  • Hospital cash benefit. Pays a fixed daily amount for each day you are hospitalised due to an accident, to cover incidental and out-of-pocket costs.
  • Children's education grant. Provides a lump sum or fund towards your children's education if you suffer accidental death or permanent total disability.
  • Medical expenses reimbursement. Reimburses accident-related treatment costs up to a chosen limit, useful if you have no separate health cover.
  • Broken bones / fracture cover. Pays defined amounts for specified fractures and broken bones caused by an accident (varies by insurer and policy wording).
  • Ambulance and transportation cover. Covers the cost of road or air ambulance and transport of mortal remains following an accident.
  • Adventure / hazardous activity cover. Extends protection to certain sports or risky activities normally excluded, for an additional premium.

How to buy through us

  1. 1

    Share your details

    Tell us your occupation, income, age and the cover you want, online or with an Assurmate advisor; little to no paperwork is needed.

  2. 2

    Compare quotes

    We compare Personal Accident plans from 75+ IRDAI-registered insurance partners and explain the differences in benefits, limits and exclusions in plain language.

  3. 3

    Choose and pay

    Pick the plan that fits your needs and budget, then pay securely; your policy is usually issued quickly with minimal underwriting.

  4. 4

    Stay supported

    Keep your policy document and nominee details handy, and lean on Assurmate for renewals and full claims support whenever you need us.

FAQ

Personal Accident Insurance questions

The things people ask us most about this cover.

Health insurance reimburses your hospital bills and life insurance pays only on death from any cause. PA insurance pays a fixed lump sum specifically for accidental death or disability, plus weekly income for temporary disability, and it pays in addition to any other policy you hold.

A comprehensive PA plan covers accidental death, permanent total disability, permanent partial disability and temporary total disability. Some basic plans cover only death and permanent disability, so check the wording before you buy.

PA premiums are based mainly on your occupation risk category and the sum insured you choose, rather than your age or medical history. Office-based jobs usually attract the lowest premiums, while field or manual work costs a little more.

No. PA insurance only pays for death or disability caused by an accident. Death or injury from illness, disease or natural causes is not covered, which is why it complements rather than replaces a health or term life policy.

In most cases yes. PA policies typically require little or no medical underwriting, so cover can be issued quickly, though the insurer may ask for occupation and basic personal details.

You or your nominee inform the insurer and submit documents such as the FIR, medical or disability certificates and, where applicable, the death certificate. As your insurance advisor, Assurmate guides you through the paperwork and follows up with the insurer to help settle your claim faster, at no extra cost.

Talk to an advisor

Not sure if Personal Accident Insurance is right for you?

Tell us a little about your situation and an advisor will recommend the best-fit cover across 75+ insurance partners — free and unbiased.

Request a free callback

Share a few details and an advisor will reach out, usually the same day.

+91
CallWhatsAppGet a Quote