What is hospital indemnity and do I need it?
Hospital indemnity insurance supplements your existing health insurance coverage by helping pay expenses for hospital stays. Depending on the plan, hospital indemnity insurance gives you cash payments to help you pay for the added expenses that may come while you recover.
What is the meaning of accident insurance?
Definition of accident insurance
: insurance against loss through accidental bodily injury to the insured.
Which insurance is best for accident?
The Top 5 Personal Accidental Plans
| Insurer | Plan Name | Policy Tenure |
|---|---|---|
| Bajaj Allianz General Insurance | Personal Accidental Plan | 1 year |
| HDFC Ergo General Insurance | Personal Accident Plan | 1 year |
| Max Bupa Health Insurance | Accidental Plan | 1- 2 years |
| Care Health Insurance | Personal Accident Plan | 1, 2, or 3 years |
How many types of accidental insurance are there?
3 Basic Types
3 Basic Types of Accident Insurance.