Difference Between Health Insurance and Personal Accident Insurance

Personal accident insurance provides financial aid or insurance if a person meets with an accident. Under motor insurance, on-road accidents are covered and under health insurance multiple situations that result in injury, disability or death are covered.

No, one needs to either buy a separate personal accident insurance policy or buy it under health insurance as an add-on. Cost of hospitalization is covered under health insurance though. As far as motor insurance is concerned, buying a personal accident add-on for on-road injuries is mandatory by law.

Yes and no both. Buying a personal accident cover under motor insurance is mandatory. However, it is your personal choice to buy a personal accident cover with a health insurance policy.

Yes, you can if available with the insurance company.

Health insurance provides wider coverage as compared to personal accident insurance. This means more number of claimable events are included under health insurance whereas only accidental injuries are covered under a personal accident insurance plan.

The best personal accident policy is the one that is the most suitable for your needs. Look for plans that offer complete coverage at the time of need. The insurance company also matters when it comes to claims. Look for an insurer that will help you out without much hassle.

The cost of a health insurance policy depends upon the coverage you are looking to purchase. The sum insured of the policy also plays a major role in determining the premium.

Ayushman Bharat Yojana is one of the biggest health insurance schemes in India. It provides coverage for low-income groups that fall below the poverty line of the country.

Personal accident insurance provides financial aid in case of accidental injury, disability, or death.

Yes, buying health insurance online is a good idea because one can save time, make a purchase from anywhere with an active internet network, and probably get the policy online.