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Difference between CPA and IPA

One can take a personal accident insurance policy to ensure safety from accident events. The policy offers multiple benefits in terms of an accident. Accidental injuries, total permanent loss, partial permanent loss or accidental death are covered in the policy. One of the best parts of the policy is that it offers worldwide events and the claim process is far smooth and easy. Generally, the insurance company offers two different types of policies. Compulsory Personal Accident Cover (CAP) - The name defines some of the characteristics of the policy, this is a compulsory insurance policy one has to take with motor insurance.  The policy offers a fixed sum insured value in case of an accident to the insured from the registered vehicle only.    Individual Personal Accident Insurance - The insurance policy covers accidental deaths or injuries. The policy is not bound by vehicle accidents. The claim on this policy can cover any type of accidental event. Even though,...

Know Everything about Personal Accident Insurance

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An accident can bring devastating results, not only to the victim but also to his/her family. Accidents can change the lifestyle of your family. An accident can be of any type, one can be hit by another vehicle, or while playing any sports one can hit, etc. are some of the types of an accident. Accident has different faces, but the results are always the same, they alter the way of living life.  It affects the victim and his family physically, financially, morally, emotionally, and in many more ways. Here comes the Personal Accident Insurance , this policy will assist you at the time of an accident. With Motor Insurance you must buy Compulsory Personal Accident Insurance. Personal Accident Insurance is the policy that insure your safety from all types of accidents. Under this policy, the insurance company will compensate you for the medical bills or for physical injury. Types of compensation covered: - ·          Accidental Death ·  ...