A Personal Accident cover offers a death and disability cover for the registered owner of the vehicle. The owner should also carry a valid driving license to avail the benefit. This is a mandatory cover and can be removed only if you already have another Personal Accident cover.
A Personal Accident cover of INR 15 lakhs for owner-driver is included in every bike insurance policy for INR 350.
Here are its benefits:
Compensation for Disability - In case of partial or total disability of the owner-driver, he/she will be given the applicable compensation.
Accidental Death Benefit - Compensation shall be provided to the owner-driver’s family in case of death due to a bike accident.