Life risks are no more limited to untimely death. Accidents also result in loss of income due to bed ridden or to a serious extent….permanent or partial physical disability.

As per Times of India report, India recorded 1.68 lac death due to accidents in year 2022 which means 462 lives lost that year on per day basis.

Still, this is one of the cheapest insurances that many of us are generally not aware of. This covers financial losses arising from accident and resulting in death, permanent physical disability leading to loss of income, partial disability like loss of limbs or loss of eyesight.

Personal accident insurance starting INR 14K for 1 CR for 40 year old male.