What is the Difference Between Personal Accident and Personal Injury?
Personal accident and personal injury are two terms that are often used interchangeably, but they are actually quite different. Personal accident insurance is a type of insurance that pays out if you suffer a serious injury or die as a result of a car accident. It can also cover you if you become totally and permanently disabled. On the other hand, personal injury insurance is a type of insurance that pays a fixed amount of money for specific injuries.
Personal accident insurance is designed to provide financial protection in the event of an accident. It is typically used to cover medical expenses, lost wages, and other costs associated with an accident. This type of insurance is usually purchased as part of a car insurance policy, but it can also be purchased as a standalone policy. It is important to note that personal accident insurance does not cover any liability or property damage caused by the accident.
Personal injury insurance, on the other hand, is designed to provide financial protection in the event of an injury. This type of insurance pays a fixed amount of money for specific injuries, such as broken bones, burns, and head injuries. This type of insurance is usually purchased as part of a health insurance policy, but it can also be purchased as a standalone policy. It is important to note that personal injury insurance does not cover any liability or property damage caused by the injury.
In summary, personal accident insurance is designed to provide financial protection in the event of an accident, while personal injury insurance is designed to provide financial protection in the event of an injury. Personal accident insurance typically covers medical expenses, lost wages, and other costs associated with an accident, while personal injury insurance pays a fixed amount of money for specific injuries. Both types of insurance are important to have in order to protect yourself and your family in the event of an accident or injury.
