Personal accident cover: Is it compulsory for owner-drivers? 

Personal accident cover: Is it compulsory for owner-drivers? 

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e bikes and insurance might solve liability issues

Should e-bikes be insured? What about electrical scooters? With extra automobiles on the roads and sidewalks, a few of them electrical powered and sustainable the identical guidelines ought to apply.

Personal accident cowl is an insurance coverage coverage created to supply monetary assist within the occasion of unintentional damage, incapacity or dying. For owner-drivers, who function and personal their automobiles, the query arises: Is private accident cowl obligatory? Let’s stroll you thru the idea of owner-driver accident cowl and make clear whether or not it’s obligatory or elective.

Understanding private accident cowl

Personal accident cowl provides monetary assist to the insured or their relations within the occasion of incapacity or lack of life ensuing from an accident. It is a kind of insurance coverage that gives compensation in case of unintentional bodily damage or dying. The protection sometimes consists of medical bills, incapacity advantages and dying advantages, relying on the severity of the accident.

Compulsory private accident cowl for owner-drivers

Personal accident cowl is a mandate as per authorized necessities in India. Owner-drivers have to familiarise themselves with the precise laws. You are legally required to incorporate private accident cowl as a part of your insurance coverage coverage, this implies for those who personal and function your car. The function of this requirement is to make sure that owner-drivers have monetary safety in case of unintentional accidents or dying.

However, it’s important to notice that the specifics of the protection, together with the protection limits and advantages, could differ. Therefore, it’s needed for owner-drivers to fastidiously overview their bike insurance coverage to grasp the extent of protection supplied by the private accident cowl.

Benefits of non-public accident cowl

Personal accident cowl gives a number of advantages to owner-drivers, together with:

  • Medical expense protection: It sometimes consists of protection for medical bills ensuing from unintentional accidents. Personal accident cowl might help cut back the monetary burden of hospitalization, surgical procedure, rehabilitation and different needed medical remedies.
  • Disability advantages: Personal accident cowl can present incapacity advantages within the occasion of a extreme accident that leads to incapacity. These advantages might help with earnings substitute, rehabilitation bills and different prices related to adapting to the brand new conditions.
  • Death advantages: Personal accident cowl typically consists of dying advantages, which give monetary safety to the household or beneficiaries of the insured within the occasion of their dying on account of an accident. This might help cowl funeral bills and supply ongoing monetary stability for the household. Remember when eco-hero Shmirit was killed while riding an electric scooter?
    Shimrit Perkol Finkel

    Shimrit Perkol Finkel , founding father of Econcrete dying by scooter and hit by a cement truck

  • Peace of thoughts: Personal accident cowl can present peace of thoughts for owner-drivers and their households because it provides reassurance that monetary safety is in place in case of an unlucky accident.


Owner-drivers want to grasp the precise laws because the requirement for private accident cowl for owner-drivers differs. Personal accident cowl provides worthwhile monetary safety in case of unintentional accidents, incapacity or dying. Owner-drivers ought to fastidiously overview their insurance coverage coverage and take into account the potential advantages of together with private accident protection of their insurance coverage plan.

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