Best Health Insurance Company in India

Difference between Health Insurance and Personal Accident Insurance Policy

20 November, 2024

0 Shares

315 Reads

Difference between Health insurance and personal accident cover

Share

Healthcare insurance is vital in any person’s life. It ensures a safe and secure future along with no stress of medical emergencies uprooting all your savings. Despite many benefits of healthcare plans, there are some situations that call for the need for a personal accident insurance policy. There are quite a few differences between a personal accident policy and traditional health plans. Choosing the right insurance policy is a tricky feat. Learning how to compare health policies is critical. This ensures that all your medical needs are being catered to and you incur the maximum benefits of the insurance policy.  
 

 

To make your job just a little bit easier, here is the difference between health insurance and personal accident insurance.

 

1. Their Purpose

The first essential difference which is pretty straightforward is why these types of plans exist in the first place. Both a health insurance policy and personal accident insurance policy serve different purposes. The goal of health insurance is to cover any expenses that are linked to hospitalization, medical procedures, and more that result from an illness or injury. Learn more about the terms related to health insurance here. Alternatively, a personal accident policy operates with the goal of giving beneficiaries insurance coverage only during the time of hospitalisation caused due to accident, accidental deaths or even partial/severe disability that arose from an accident.

 

2. Medical Coverage

Another key difference between health insurance plans and a personal accident policy is the amount of coverage they offer. Traditional health insurance offers a host of benefits  when it comes to the expenditures related to falling ill- such as hospitalization, ambulance charges, prescription medication costs, and any surgical procedure expenditures. Not all health insurance policies are this comprehensive, but you are likely to find a plan that offers all these benefits, with few offered as add-ons to a basic cover. On the other hand, a personal accident policy has the scope to be comprehensive, but most personal accident policies provide a lumpsum amount that can be used for hospitalisation. However, it covers only personal accident-related costs.

 

3. Post and Pre-Hospitalization Cover

Pre-hospital expenses result from cost that is incurred before the patient gets hospitalised due to the same disease.. Post hospitalization expenses  are the cost incurred after the patient gets discharged from the hospital for treatment of the diagnosed disease.  . The number of days covered by your insurer for pre and post hospitalisations expenses may vary. Alternatively, a personal accident policy does not offer this benefit. It simply takes care of hospitalization bills associated with the treatment of the medical injuries sustained from an accident.

 

4. Disability Expenses

The damage incurred by an accident is often so unpredictable that it can lead to disabilities. Personal accident insurance policies refer to these injuries as total/partial permanent disability or total/partial temporary disability. It offers coverage in pretty much all situations of disability arising out of an accident. Health insurance does not offer this coverage, particularly when disability is the result of an accident.

 

5. Death Coverage

Perhaps one of the biggest differences between health insurance and personal accident insurance is the fact that personal accident cover offers coverage in case of accidental death while health insurancedoesn’t cover death. Death coverage is offered as a death benefit in life insurance policies, but health insurance is typically not likely to cover it. Death from a personal accident when the expired has opted for a personal accident policy, however, allow the complete Sum Assured to be turned over to the beneficiary preappointed by the policyholder. Hence, keep this essential difference in mind before you buy health insurance online without comparing policies.

 

Summarised View

These were some of the key differences between the healthcare plan and personal accident insurance. Both have different functions and cater to different medical needs of the people claiming the insurance. Hence getting both of them really helps you reduce your financial burden and secures your future.

To sum up, here is a table that gives you a quick insight into the differences between a health policy and a personal accident insurance policy.

Health Insurance 

Personal Accident Insurance 

  • Provides coverage for medical bills like pre-post hospitalisation coverage. 
  • Covers all the expenses that are to be paid when an injury happens.


 

  • Does not offer coverage for partial or permanent disability. 
  • Provides coverage for partial and permanent disability as well.


 

  • Provides you with coverage for pre-existing diseases.
  • Does not offer you coverage for pre-existing diseases.
  • Does not provide coverage for death.
  • Provides you with coverage of death. 
  • Add-ons like maternity benefits are also an option when opting for healthcare insurance.
  • Offers coverage for the loss of pay.

 

Parting Words

Ensure you are clear about the many ways in which these two types of policies differ. Exercising due diligence before purchasing a policy will ensure that you and your family can receive the right financial resources you need if any potential health issues arise.

 

 

 

 

Start Your Insurance Today!

Secure your Health with comprehensive insurance plans from Niva Bupa

+91
Disclaimer infoBy clicking Start Now, you authorize Niva Bupa to Call/SMS/Whatsapp on your registered mobile overriding DNCR.

You may also like

Health InsuranceHealth InsuranceMedical Insurance Best Health Insurance PlansHealth Insurance PlansHealth Insurance PolicyBest Health Insurance PlansBest Family Health InsuranceBest Mediclaim PolicyBest Health Insurance In IndiaBest Medical Insurance In IndiaBest Health Insurance Plans In IndiaBest Health Insurance Policy In IndiaMediclaimBest Health Insurance For Senior Citizens In IndiaBest Health InsuranceHealth Insurance With Opd CoverMediclaim InsuranceMedical Insurance PlansBest Health Insurance Company in IndiaCritical Illness InsurancePersonal Accident InsuranceMediclaim PolicyIndividual Health InsurancePregnancy InsuranceMaternity InsuranceBest Family Health Insurance plans in IndiaBest Health Insurance companyFamily Health InsuranceBest Health Insurance plans for Senior CitizensMediclaim Policy for Family

 

Health Insurance SchemesChief Ministers Comprehensive Health Insurance SchemeEmployee State Insurance SchemeSwasthya Sathi SchemePradhan Mantri Matru Vandana YojnaGovernment Health Insurance SchemeDr. YSR Aarogyasri SchemePradhan Mantri Suraksha Bima YojnaHealth Insurance DeductibleWest Bengal Hcovealth SchemeThird Party AdministratorRashtriya Swasthya Bima YojanaIn Patient Vs Out Patient HospitalizationMukhyamantri Chiranjeevi YojnaArogya Sanjeevani Health InsuranceCopay Health InsuranceCashless Health Insurance SchemeMukhyamantri Amrutum Yojna

 

Travel Insurance - Travel Insurance | International Travel InsuranceStudent Travel InsuranceTravel Insurance USATravel Insurance CanadaTravel Insurance Thailand | Travel Insurance GermanyTravel Insurance Dubai | Travel Insurance Bali | Travel Insurance Australia | Travel Insurance Schengen | Travel Insurance Singapore | Travel Insurance UK | Travel Insurance Vietnam | Malaysia Tourist PlacesThailand Visa for Indians  | Canada Visa for Indians | Bali Visa for IndiansECR and Non ECR Passport | Qatar Visa StatusUSA VisaVietnam VisaUSA H1B Work Visa

 

Become an agentInsurance Agent | Insurance AdvisorLicensed Insurance AgentHealth Insurance ConsultantPOSP Insurance Agent

 

Group Health InsuranceStartup Health Insurance | Commercial Health InsuranceCorporate insurance vs personal insuranceGroup Personal Accident Insurance

 

Top Hospitals -  Best Hospitals in ChennaiTop Hospitals in DelhiBest Hospitals in GurgaonBest Hospitals in IndiaTop 10 Hospitals in IndiaBest Hospitals in HyderabadBest Hospitals in KolkataBest cancer hospitals in BangaloreBest cancer hospitals in HyderabadBest cancer hospitals in MumbaiBest cancer hospitals in IndiaTop 10 cancer hospitals in IndiaTop 10 cancer hospital in DelhiMulti Speciality Hospitals in MumbaiMulti Speciality Hospitals in ChennaiMulti Speciality Hospitals in HyderabadSuper Speciality Hospitals in DelhiBest Liver Hospitals in DelhiBest Liver Hospitals in IndiaBest Kidney Hospitals in IndiaBest Heart hospitals in BangaloreBest Heart hospitals in IndiaBest Heart hospitals in KolkataBest Heart hospitals in Delhi


OthersTop Up Health Insurance PolicyCorporate Health InsuranceHealth CardSection 80d of Income Tax ActAyushman BharatHealth Insurance PortabilityGoActive Family Floater PlanHealth Companion Family Floater PlanHealth Premia Family Floater PlanHealth Pulse Family Floater PlanHealth Recharge Family Floater PlanHeartbeat Family Floater PlanMoney Saver Family Floater PlanSaral Suraksha Bima Family Floater PlanSenior Citizen Family Floater PlanSuper Saver Family Floater PlanCorona Kavach Family Floater PlanHospital Cash InsuranceCashless Health InsuranceHealth Companion Price revision | Heartbeat Price revision | ReAssure Price revision 

 

Health & Wellness - PCODPCOD Problems SymptomsStomach InfectionStomach Infection symptomsHome remedies for Stomach InfectionHypertension definitionHow to Control SugarTyphoid in HindiBlood sugar symptomsTyphoid symptoms in hindiLow sugar symptoms | ब्लड शुगर के लक्षणpregnancy me kya kareOpen heart surgery costBlood infection symptoms in hindiBP badhne ke karanKhansi ka gharelu upayOmicronCoronavirus Health InsuranceCovid XE VariantNorovirus

footer logo
Some image

www.nivabupa.com

Some image

+91 11 41743397

Some image

1860-500-8888

Some image

3rd Floor, Capital Cyberscape, Sector 59, Gurgaon

  • Insurance is a subject matter of solicitation. Niva Bupa Health Insurance Company Limited (formerly known as Max Bupa Health Insurance Company Limited) (IRDAI Registration Number 145, Category:Health), 'Bupa' and 'HEARTBEAT' logo are registered trademarks of their respective owners and are being used by Niva Bupa Health Insurance Company Limited (formerly known as Max Bupa Health Insurance Company Limited) under license. CIN: U66000DL2008PLC182918
  • 1 Niva Bupa processes pre-authorisation requests within 30 minutes for all active policies, subject to receiving all documents and information(s) up to Niva Bupa’s satisfaction. The above commitment does not include pre-authorisation settlement at the time of discharge or system outage.
  • 2 Since Inception refers to claim data from 2010 till December 2023.
  • 3 ReAssure 2.0 Premium: The premium is including taxes and for Bronze Variant, for a 25-year-old individual living in Delhi.
  • 4 Aspire Premium: The premium is including taxes and for Gold+ Variant, for a 25-year-old individual living in Delhi.
  • 5 Senior First Premium: The premium is including taxes and for Gold Variant, for a 65-year-old individual living in Delhi.
  • 6 Health Premia Premium: The premium is including taxes and for Silver Variant, for a 25-year-old individual living in Delhi.
  • 7 SmartHealth + Disease Management Premium: The premium is including taxes and for Disease Management Gold Variant rider when bought with ReAssure 2.0 Bronze variant with Base Sum Insured of 5 lacs, for a 25-year-old individual living in Delhi.
  • Beware of spurious / fraud phone calls! Do not share your confidential information like Debit / credit card number, Internet Banking User ID/Password, Pin, CVV, OTP, etc. with anyone. Avoid clicking on attachments / payment link received in mails / message from unknown sources. IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment or premium. Public receiving such phone calls are requested to lodge a police complaint. Do not respond to unsolicited and attractive offers received through unidentified calls, emails, SMSs, and other social media platforms. Beware of misleading telephone calls from people posing as Niva Bupa officials, agents, IRDAI Officials, Officials from ECI (Office of the Executive Council of Insurers) etc. and offering alluring benefits or sharing false information on your policy or on Niva Bupa. Niva Bupa shall not be responsible for any loss or damages whatsoever for any acts or omissions arising out of such spurious calls, and all customers are advised to contact our customer care at 1860-500-8888 and verify any representations or promises made by any such spurious callers before acting upon the same.
Social IconSocial IconSocial IconSocial IconSocial Icon