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Why you should buy a Personal Accident Benefit (PAB) Insurance?

Why you should buy a Personal Accident Benefit (PAB) Insurance?

Why you should buy a Personal Accident Benefit (PAB) Insurance?
08 Sep 2020

Personal accident benefit (PAB) insurance is designed to pay a sum of money to the insured person or his/her family in case of an accidental - death, permanent total disablement or a partial disablement.

If you are the bread winner of your family, you should think of how would your family live if they lose you and your income. Therefore it is wiser to buy a personal accident cover to safe guard your family and give them a better future.

Normally, Personal Accident Insurance policies does not cost much. You can buy Rs. 1 Million cover for about Rs.2,500 per year and Rs. 5 Million cover for about Rs. 12,000 per year.

Some motor insurance policies and life insurance policies provide PAB cover, but it won’t meet your requirement, therefore it is better to buy a separate PAB insurance with relevant coverage.

Assetline Insurance Brokers is there to help you to select the best cover, please call us on our hotline 077 147 2475 or send us a call back request through our website.