All over the world more than 1.2 crore people die and about 50 crore are injured every year. A hefty count of people die and even more are injured due to road accidents. Regrettably, India is one of the worst countries when one talks about road safety and rules. Lakhs of people die every year and more than 12 lakh people on an average sustain injuries due to road accidents in India. Out of all the accidents in the world, more than 10% are accountable in India. Statistics show that in India, a person dies due to a road accident that takes place in every six minutes. Statistics also indicate that the trend may rise up to one death every 3 minutes in the upcoming years. According to the experts at the National Transportation Planning and Research Centre (NTPRC), the number of road accidents in India is 3 times higher than that existing in the developed countries. The number of accidents per thousand vehicles in India is as high as 35 while this figure varies from 4 to 10 in other developed countries. These statistics are based on major cities as death caused due to accidents in rural areas and delayed deaths are not considered as a part of these whooping figures.

A major reason for these road accidents is rash driving and lack of obedience. These accidents are not caused by the sole fault of drivers or vehicle owners but also due to lack of concentration of pedestrians. A number of accidents are caused due to over speeding of vehicles and not following the speed limit set by the regional authorities. The laws are formed for the betterment of the society and its citizens but a law if not followed by the citizens fails to make an impact. A number of laws have been passed for the progress and advancement of the road and traffic system in India. Not many of these rules are implemented to the fullest which in turn is the reason for these astonishing figures of deaths and injuries caused due to road accidents.

The soaring medical costs and uncertain accidents have made accident insurance a need of the hour. Guarding yourself and your family has become one of your primary responsibilities. An unforeseen injury or an accident may cause an everlasting effect on your life and can dissipate your savings up to a great extent. To ensure that you minimize the loss caused due to these unfortunate events, resorting to insurance is a wise option. A personal accident insurance covers you against a number of adversities which include accidental death, Total or partial disability and cover for your family.