Not exact matches
While many people have taken out life insurance
policies, a
standalone personal accident
policy is highly recommended
as it will
cover the insured person at a nominal premium rate, especially when compared to life insurance
policy and also provides the advantage of
covering minor injuries and the loss of income.
Accident
cover is available in many forms like —
as an optional rider with a life insurance
policy,
as an add - on
policy to your motor insurance or home insurance,
as a group insurance
cover from your employer, and
as a
standalone plan.
You may come across insurance
covers such
as critical illness and personal accident
as both a
standalone policy or
as a rider.
It comes
as a
standalone policy and can also be opted
as an add - on
cover with your base health plan by giving an extra premium.
Now that you have a detailed overview of cancer insurance plans, deciding on whether you want to have a
standalone cancer insurance
policy or would like a cancer
cover to be included in your existing health insurance
as a rider / add - on is solely at your discretion.
You can take this
cover either
as a rider or
as a
standalone with your health or life insurance
policy.
Other than cost, one also neds to look at the
cover offered by a rider,
as against a
standalone policy.