Total disability is covered by personal accident policies but not known to most policyholders on how claims for total disability are settled.
Regular health insurance policies cover hospitalisation due to an accident, but not disability, fracture and income loss. Assess the need for a personal accident cover only after taking into account the free personal accident policies and riders attached with life insurance covers
A personal accident cover is a type of insurance policy that helps you overcome the financial loss due to accidental disability
Harshvardhan Roongta of Roongta Securities gives a few personal finance tips for investors. In an interview to CNBC-TV18, Roongta discusses the importance of a personal accident insurance policy and diversification of funds.