Personal Accident and Disability Insurance:Almost on daily basis yow will discover a information column about street accident. It could be your colleague, your distant relative, your neighbor, your pal, your classmate. The stories of such incidents give us a reminder that the accidents can happen to anyone. The impact of these accidents on ones working life might be big. Some accidents may cut back our employability quickly or completely. Private accident and disability insurance coverage policies will cowl the financial losses arising out of accident and must determine the protection amount of this policy primarily based on the estimated loss you could suffer because of accident. That’s how much loss it’s possible you’ll incur from employment quickly or permanently due to the accident. This can cost you approximately Rs.1500 p.a for a coverage of Rs.10 lakhs.
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