How Personal Accident Insurance Policy And Regular Health Insurance Differ? 

by readyrewind
How Personal Accident Insurance Policy And Regular Health Insurance Differ? 

Health insurance and personal accident insurance policies assist us in dealing with medical emergencies. Health insurance provides comprehensive coverage and may also include accident insurance coverage. However, private accident insurance only covers accident-related hospitalisation expenses. Both policies differ in coverage, features, sum insured, etc. 


Health coverage – 

Health insurance plan, as the name implies, covers the policyholder’s total medical expenses. Medical coverage is available for various illnesses, including COVID-19 treatment, maternity expenses, cancer, and daycare treatments. 

A wide range of hospitalisation expenses are covered, from routine illnesses to critical illnesses, except for some treatments that are not covered. You can select from the following health insurance options: 

  1. Individual health insurance plans:  

Coverage is provided to a single person, the policyholder, who receives medical insurance coverage in exchange for the premium paid. 

  1. Family floater health insurance plans:  

A family floater policy provides coverage to individuals and their family members, including spouses, children, and parents. 

  1. Senior citizen health insurance plans:  

These plans are designed to provide medical coverage to people over 60. 

  1. Coronavirus health insurance plans:  

You can select COVID-specific health insurance plan from any health insurer. You can also purchase corona kavachand corona rakshak health plans. 

  1. Plans for critical illness:  

A critical illness policy covers significant illnesses such as cancer, tumours, liver ailments, kidney failure, cardiovascular diseases, and so on. 

  1. Top-up health insurance plans: 

You can purchase top-up health insurance plans in addition to your current health plan, and once its threshold limit is reached, you can use this one in addition to your base medical insurance coverage amount. 

When you buy a health insurance policy, the insurer will ask for some information, including your medical history, to assess the risk. The policy premium is determined by the type of policy (individual health plan, family floater, top-up plan, senior citizen health plan, and women-specific health plan). 

You can use the cashless hospitalisation benefit at network hospitals, which means that the insurance company pays the hospital directly, and you don’t have to spend any money (unless there is any sub-limit or deductible clause). 


Basic plans with health insurance benefits cover not only that but even unintentional medical expenses. And, post-COVID-19 pandemic, health insurance has become more than necessary. It enables the insured and their family members to receive the ideal medical treatment possible without depleting their savings. 


What does personal accident coverage in health insurance entail? 

Personal accident insurance covers hospitalisation costs incurred as a result of an accident. These plans are specifically designed to assist people in paying for medical emergencies resulting from an accident. As a result, under no circumstances should these policies be replaced by your regular medical insurance plans. 


The policyholder receives complete insurance protection against accidental injuries and wounds with unintentional insurance. In addition, the policyholder can choose from various add-on covers under accidental insurance. 

  1. Insured amount: 

In health insurance plans, the sum insured can range from Rs 3 lakh to Rs 1 Crore and even higher. In most cases, the limit for personal accident insurance plans is Rs 50 lakh. 

  1. Premium: 

Health insurance premiums are typically on the higher side. A personal accident insurance policy, on the other hand, is less expensive than a health insurance policy because it provides fewer coverage benefits

 * Standard T&C Apply

## All savings are provided by the insurer as per the IRDAI-approved insurance plan. Standard T&C apply

Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale. 

Blog Sites List :

You may also like