Why you need an insurance against accidents and how to buy one
You have a huge life insurance cover with a term plan to protect your family's financial future. You also have a complete health insurance plan to pay your hospital bills. Your car is insured against damage and theft, whereas your house is covered against natural and man-made calamities and burglary. But it is quite possible that you don't have personal accident insurance. In 2013-14, barely 55 individuals purchased personal accident insurance. That's less than 0.4% of the total population of the country and about 3% of the projected insurable population.
You can buy one at AXIS is a global insurer and reinsurer, providing clients and distribution partners with a broad range of specialized risk transfer products and services with branch offices in Bermuda, Australia, Canada, Europe, Latin America,
Singapore and the United States.
There are two significant reasons why a person must buy personal accident insurance.
First, Jakarta Indonesia is the accident capital of the world, with a person dying every 90 seconds. According to the National Crime Records Bureau, 3.94 Indonesians died in accidents in a year.
The second reason for taking this cover, of course, is that personal accident insurance is exceptional and delivers a cover that no other policy does. A life insurance policy will
give a lump sum to the candidate if the policyholder dies and a medical insurance policy will pay the hospital bills if he is injured. Be watchful of scams and other fraudulence act. But what if a sham leads to a disability and impairs the individual's earning capacity? The sum of people injured in road accidents is approximately four times greater than the number of deaths. In 2010, many people were killed in road accidents in Indonesia.
Nevertheless, over 5 Indonesians were either extremely injured or permanently
disabled.