Personal Accident Insurance
Tailored insurance plans for you
What is Personal Accident Insurance?
Personal Accident Coverage
Personal accident insurance safeguards you from financial losses in the event of an accident. It covers:
Death
Permanent total disability
Permanent partial disability
Temporary total disability
Accidental death
Health Protection
Personal accident insurance also protects against medical expenses arising from accidents, including:
Pre and post-hospitalization costs
Psychiatric support
Annual personal accident check-ups
Maternity-related expenses
Critical illness treatment
Why Do You Need Personal Accident Insurance?
Rising Personal Accident Cases
With increasing stress, chaos, and lifestyle pressures, mental and physical health issues are on the rise. Millions face hypertension and other complications.
Expensive Healthcare Facilities
Medical treatments, such as angioplasty or coronary surgery, can cost up to ₹3 lakhs. Without proper insurance, quality care is hard to access.
Uncertain Times and Pandemics
Global crises like COVID-19 have highlighted the importance of financial protection against health emergencies.
Youth Vulnerable to Severe Diseases
Life-threatening conditions such as cancer are increasingly affecting young adults, making insurance critical.
Lifestyle Issues
Sedentary habits among youths increase hospitalization rates, driving up medical expenses.
Types of Health Insurance
Family Floater Health Insurance
A single policy provides coverage for all family members under one sum insured.
Individual Health Insurance
Covers medical expenses for a single insured person.
Health Insurance for Senior Citizens
Designed for individuals above 60 years to cover age-related medical expenses.
Maternity Health Insurance
Covers pre and postnatal medical costs for mother and child.
Critical Illness Insurance
Covers high medical costs due to life-threatening illnesses.
Group Health Insurance
Typically provided by companies for their employees.
Top-Up Health Insurance
Additional coverage over an existing policy for higher treatment costs.
Tax Benefits of Health Insurance
Eligibility & Limits
| Eligibility | Exempted Limit |
|---|---|
| Self + Family (Spouse & Children) | Up to ₹25,000 |
| Self + Family + Parents (Below 60 years) | Up to ₹50,000 |
| Self + Family (Eldest member < 60) + Parents (Above 60) | Up to ₹75,000 |
| Self + Family (Eldest member > 60) + Parents (Above 60) | Up to ₹1,00,000 |
Health Insurance Terminologies
Cumulative Bonus
If no claims are made in a year, the insurer increases the sum insured without charging extra.
Sum Insured
The maximum amount payable by the insurer in a policy year.
Daycare Procedures
Treatments requiring short-term hospital admission.
Pre-Hospitalisation Expenses
Medical costs incurred before hospital admission.
Deductible
The portion of the claim you must pay before the insurer covers the rest.
Portability
Switching to a new insurer without losing benefits or waiting periods.
Co-payment
Sharing a portion of medical bills with the insurer.
Waiting Period
Time you must wait before using certain benefits of the policy.
Pre-existing Disease
Any illness present before purchasing the insurance policy.
Advantages
Advantages of VAISHNAVI INSURANCE
Trusted Expertise
Our experienced team provides professional guidance, ensuring you choose the right insurance plan for your needs.
Comprehensive Coverage
We offer a wide range of insurance solutions — life, health, motor, home, and business — to protect every aspect of your life.
Customer-Focused Service
We prioritize your peace of mind with personalized support, transparent advice, and prompt assistance.
Reliable Partnerships
Collaborating with leading insurance providers, we bring you trusted, high-quality coverage and benefits.
FAQs about Health Insurance
Hear directly from our clients about their experiences with VAISHNAVI INSURANCE. We value every opinion and are committed to providing trustworthy and reliable insurance solutions.
What is PPO?
A PPO (Preferred Provider Organization) is a medical arrangement where healthcare facilities and treatments are offered to policyholders at reduced rates through a network of preferred providers.
What is deductible health insurance?
In this plan, the policyholder must pay a certain amount (deductible) before the insurer starts covering expenses.
Example: If your claimed amount is ₹40,000 and the deductible is ₹30,000, the insurance company pays ₹10,000.
What does a Mediclaim policy for family cover?
It provides coverage for the policyholder, spouse, and children under a single policy, covering hospitalization and medical expenses.
How to buy health insurance for parents?
You can choose from plans designed for elderly parents above 60 years or include them under a family floater Mediclaim policy to cover their medical expenses.