The significant benefit of an Accident Insurance is that it does not require any medical screening to avail the policy. 

In case of the unfortunate death of the insured person due to accidents, the accident insurance policy is entitled to provide compensation as a lump sum as per the terms and conditions. 

Permanent total disability is a condition where the person is completely disabled as a result of an accident due to which the person is no longer able to work. An accident Insurance policy will cover such instances by providing a payout. 

Accidents might result in permanent partial disability such as loss of toes all, loss of fingers, etc. An accident Insurance policy will provide cover for such instances as well. For such unfortunate situations, the company will give a (lumpsum) percentage of the benefit. 

A temporary total disability is a state in which the individual is disabled for a temporary period. A comprehensive Accident Insurance policy will extend and cover the insured’s temporary total disability that arises due to accidents. 

A comprehensive Accident Insurance policy will cover the children's education of the insured. Education grant is provided for a maximum of up to two dependent children in case of death or total permanent disablement of the insured due to an accident. 

Some Accident Insurance policies will cover the in-patient hospitalisation and out-patient expenses incurred due to the accident. Such expenses are indemnified as per the term and conditions of the policy document. 

The hospital cash benefit provides a cash allowance for each completed day in the hospital up to 15 days per occurrence for a maximum of up to 60 days in a policy year period. 

Most Accident Insurance policies cover the ambulance expenses incurred for transporting the insured to the hospital due to accidents. Some policies also cover the charges incurred for transporting the mortal remains of the insured to their residence.