Accidental Death & Disability Insurance
Accidental Death & Disability Insurance
Accidents and injuries can happen unexpectedly to anyone. It is imperative to have Accidental Death & Disability insurance to protect you financially against uncertain situations. Importance of Accidental Death Insurance:
Incase of a major accident which costs the life of a bread-winner, the disaster strikes suddenly & gives no time to settle the loved-ones financially. Apart from having Term Insurance, one must have an adequate amount of Accidental Death Insurance which helps the family to get settled financially from the sudden catastrophe.
Importance of Accidental Disability Insurance
If you encounter an accident or become disabled from an injury, disability insurance can financially compensate you to a certain extent in place of your income. The important reasons to have an accidental disability insurance plan include:
- Replaces the loss of income due to job loss on suffering a disability to keep you financially stable
- You can focus on your treatment and recovery rather than stressing over finances
- It offers tax benefits under section 80C, 80D, and 10 (10D) of the Income Tax Act
Accidental Disability Insurance for Individuals
Choosing the Right Accidental Disability Insurance Advisor
At Nesting Wealth, we understand that accidental disability can be a life-altering event. We combine our decades of experience and expertise to help you understand the coverage amount, types of disabilities covered, exclusions, and other factors when choosing an accident insurance policy.
