Accident Insurance is a type of Insurance which covers all types of expenses incurred due to an injury caused by any accident while driving a car or any vehicle or travelling. This is must for frequent travelers and all people who commute daily for their job from one location to another.
Accident Insurance helps you handle the medical and out-of-pocket costs that add up after an accidental injury. This includes emergency treatment, hospital stays and medical exams, and other expenses you may face, such as transportation and lodging needs.
Generally accident insurance are less expensive because these are done for short period of time. But benefit the beneficiary in case of death due to an accident. Beneficiary gets full compensation in case of accidental death. But there are some limitations also, if death are occured due to war, suicide, illness, commercial radiation, or any natural disasters, they can’t claim compensation in that case.