Personal
Accident Insurance is intended to alleviate financial hardship
following death or injury to the Insured Person by an accident.
The type and amount of compensation maybe selected by the
proposer and may include a capital sum, Permanent and partial
disabilities, weekly benefit during the period of disablement,
reimbursement of medical expenses etc. For payment to be
made under the policy the accident must be caused by violent,
external and visible means, resulting directly in death
or injury within 12 months of such accident.
The following standard types of policy are issued by the
Company.
a) Personal
Accident(Selective Benefits)
b) Group Personal Accident.
c) Travellers Personal Accident.