HDFC Ergo General Insurance

HDFC ERGO's personal accident insurance covers death, permanent total disability, temporary total disability, broken bones, burns and ambulance costs are covered under the policy.

Individuals can also extend the policy to include their entire family under a single policy. Policy sum insured ranges from Rs 2.5 lakhs to Rs 15 lakhs.

If an accident leads to death of the insured, 100 per cent of the sum insured will be reimbursed. Also, physical injuries resulting in permanent disability, then up to 100 per cent of the sum insured is paid to the insured.

In the event of insured's accident or illness, a daily aid for hospitalization up to 45 days is provided.

SBI General Insurance

SBI General Insurance personal accident insurance policy can be availed by self employed, salaried and business class people. The minimum coverage available under this policy is Rs 1 lakh and the maximum coverage available is Rs 1 crore. 

Sum insured under the policy is limited to 120 times monthly gross income or 10 times the annual gross earnings from employment or occupation.

The policy has many add-on covers like hospital confinement allowance and ambulance charges.

The Permanent Total Disability (PTD) under the policy comes with add-ons like education benefit & adaptation allowance with no additional cost.

Bharti AXA GI

With Bharti AXA GI, individuals can opt for 'Smart Individual Personal Accident' policy through 3 plans - Rs 10 lakhs, Rs 20 lakhs and Rs 30 lakhs.

Individuals should note that sum assured will be based on the individual's income and can be a maximum of 120 times an individual's monthly income.

A policy holder will be eligible for double indemnity for death or disability due to accident while travelling as a passenger in a public transport. The policy will cover hospitalization after first 2 days, for a maximum of 50 days.

Bajaj Allianz

Under the plan, a policy holder will get highest compensation of 125 per cent of the sum insured incase of permanent total disability.

There is benefit of cumulative bonus which is applicable at 10 per cent per claim free year to a maximum of 50 per cent.

In case of death or permanent disability, children's education bonus will be available for Rs 5000, for a child or Rs. 10,000,  maximum for two children who are below the age of 19.

ICICI Lombard

ICICI Lombard has a good accident and health insurance policy for many years in India. It provides both health insurance and accident insurance to the customer. The company has provided timely services at the time of need customer and ccan take family health insurance from the company.

The cashless facility provided by the company is also a blessing. Since the company has a robust network of cashless hospitals, it remains a good convenient option. They have a cashless network of more than 4,500 hospitals throughout the country.

As far as personal accident insurance is concerned, the features provided by the policy are extensive and provide a wide coverage. It offers coverage against accidental death or permanent total disablement which is caused due to an accident. It also covers a range of accidents such as rail accidents, road accidents, and accidents due to natural disasters and arising out of terrorist acts.

Max Bupa

Max Bupa personal accident covers a policy holder in the unfortunate case of permanent total disability due to an accident, the insurer will pay 125% of the sum insured.

In case of accidental death or permanent total disability, minimum of 5 per cent of your sum insured or Rs 50,000 Rs 500,000 per child, will be paid towards a child's education.

This will be only applicable for plans where children are covered.

Interestingly, the policy also covers any funeral expenses up to Rs 5,000 where the sum insured is up to 25 lakhs and Rs 50,000 for sum insured more than Rs 25 lakhs.