From Accidents to Disabilities: How Insurance Provides a Safety Net

• Written by Gungun Bhatia

  Reviewed by Munmi Sharma

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It was just another Monday evening when Sonia received a call that changed everything. Arjun, her husband, hopped on his bike to head home from work. He had done this ride countless times before. But that day took a turn when a speeding truck ran a red light and collided with him. He survived, but his right leg did not. He found himself dealing with pain, a drop in income, and the huge expenses that come with recovery.

Arjun's story is something many people can relate to. Every year, tons of individuals deal with the challenging realities of accidents that result in lasting physical or intellectual disabilities. While medical treatment can heal the wounds, the financial scars can run deep.

This blog explores the types of disabilities that can result from accidents and how accidental insurance policies offer a much-needed safety net.

Understanding the Types of Disabilities

According to the World Health Organisation, about 1.3 billion people, which is roughly 16% of the world's population, have some impairment. Disability is a broad concept; not all disabilities are easy to see. The types of disabilities generally fall into the following categories:

Sensory Disabilities

Sometimes, people lose some or all of their sight or hearing due to accidents, like car crashes or neurological injuries. This can be tough for those experiencing it, as it can change how they connect with everything around them.

Physical Disabilities

These disabilities are usually visible and often happen because of injuries like broken bones, amputations, spinal cord issues, or paralysis. They can be temporary, partially permanent, or fully permanent, impacting how a person moves or their ability to do things independently.

Psychosocial Disabilities

Accidents can lead to severe mental health issues like post-traumatic stress disorder (PTSD), depression, or anxiety. These problems can be challenging and can impact your daily life. It's not just about the physical injuries; your mind takes a hit too, and that can make it hard to function normally.

Intellectual Disability

Brain injuries from falls or collisions can impair memory, learning, or decision-making. These intellectual disabilities often require ongoing support and therapy, making accidental insurance policies coverage crucial.

Multiple Disabilities

Some people deal with a mix of physical and intellectual disabilities. It can be complicated and usually needs ongoing medical care and support from family.

Some disabilities can make it challenging for people to work, communicate, or carry out everyday tasks. Because of this, purchasing accidental death insurance is essential. Let’s talk about accidental insurance, why it matters, and what benefits it can offer.

The Role of Accidental Insurance Policies

If you get into an accident, the costs don't just stop at your hospital bills. You'll also have to think about recovery, making changes to your home, buying assistive devices, and sometimes you might even lose income. That's where Accidental Insurance Policies can help.

What is Accidental Insurance?

An accidental insurance policy is a type of insurance that helps cover accidental death, injuries, and disabilities. It is meant to fill the gap between your regular health insurance and life insurance.

What it Covers:

• Accidental death insurance
• Permanent total disability
• Permanent partial disability
• Temporary total disability

Accidental insurance is really important in a place like India due to the growing number of accidents. But not all policies offer the same coverage. One of the most reliable options out there is Secure by Care Health Insurance. Let's take a look at what this plan offers.

Care Secure: The Best Accidental Death Insurance Cover

In India, there are several insurance options to choose from, and one that catches your eye is Care Secure from Care Health Insurance. It's an excellent option for those looking for peace of mind regarding unexpected life events. It stands out for its comprehensive protection against accidental injuries, disabilities, and accidental death.

Accidental Death Insurance Cover

If the insured person dies in an accident, the nominee receives the full amount of the insurance (100% of the sum insured). This death insurance cover ensures that surviving family members are financially secure even in the absence of their breadwinner.

Permanent Total Disability Cover (PTD)

If the accident leads to complete and lasting disability, like losing both arms or eyesight, the policy pays out the full amount in a year. This helps the policyholder adjust to their new situation without worrying about money.

Permanent Total Disability Coverage

This insurance gives you extra money on top of your basic coverage if you experience a permanent total disability. You’ll get this extra payout even if your condition doesn’t get any worse. It’s designed to help you financially if you face a permanent total disability.

Child Education

If the insured person dies in an accident or becomes permanently disabled, this benefit provides extra financial help for their children's education, until they reach 25 years old.

Common Carrier Accident Benefits

If you have an accident while travelling on a common carrier, like a bus, train, cruise ship, or aeroplane, and it results in accidental death or permanent total disability, you could receive compensation up to the full amount of your coverage (100% of the sum insured). However, this payout doesn’t cover private rides like taxis or ride-sharing services.

Disappearance

If the insured goes missing and is assumed dead after an accident for 365 days, this benefit offers financial support to their family after a specific time. If the missing person returns after the claim has been paid, they must return the money to the company.

Burns

If someone suffers severe second or third-degree burns from an accident, this benefit provides financial support for their treatment and rehabilitation. Care Health Insurance covers the total amount insured as detailed in the policy.

Accidental Fracture Coverage

The Care Secure plan offers financial assistance to cover medical costs if the insured has a fracture (complete, complex, hairline, or simple) within the policy period.

Additional Benefits

• Mobility Cover
• Reconstructive Surgery
• Repatriation of Mortal Remains, etc.

These benefits make Care Secure a reactive policy and a proactive safety net.

The Financial and Emotional Benefits of Disability Coverage

Disability coverage is about more than just numbers; it protects people and their families emotionally and financially during tough times. Let’s discuss how:

Income Protection

If a person with disabilities cannot continue their job, disability benefits help bridge the gap. The Care Secure Policy offers a lump-sum amount that ensures cash continuity.

Support for Intellectual Disabilities

When accidents lead to brain injuries, recovery can take a long time and can add up in costs. Therapy, medication, and specialised care can run into lakhs each year. Unlike many regular insurance plans that overlook intellectual disabilities, Care Secure gets it and offers coverage that includes these needs.

Peace of Mind

Knowing that your family won’t struggle financially if you get hurt or go missing in an accident is a huge relief, whether you’re the primary breadwinner or just helping; having that financial safety net can lighten your load.

Death Insurance Cover v/s Life Insurance

Are you also confused between accidental death insurance and life insurance? In general, there is a very thin line of difference between them. Let's discuss the difference:

Why Care Secure is Worth Considering

Care Secure stands out from regular insurance plans because it focuses on what accident victims need. If there's a death, a serious injury, or a time when you're unable to work, this plan is there for you. Its death insurance cover, disability benefits, and respect for the dignity of a person with disabilities make it one of the most compassionate and comprehensive offerings in the market today.

A Safety Net for Every Family

You cannot predict an accident. However, you can get ready for the consequences. Whether you are a housewife, business owner, or salaried employee, protecting your future against unintentional damage is a proactive move. You may safeguard your family's and finances' future by recognising the types of disabilities that might result from accidents and selecting a policy like Care Secure.

Overall, in a world of uncertainties, Care Secure offers certainty that when life throws the unexpected your way, you'll never face it alone. 

Disclaimer: All plan features, benefits, coverage, and claims underwriting are subject to policy terms and conditions. Kindly refer to the brochure, sales prospectus, and policy documents carefully.