Whether personal insurance is needed surrounded by car/ motor cycle if we own mediclaim?
Answers: If you are covered under mediclaim then surrounded by case of motor/car accident
your hospitalisation will be covered as per your policy conditions. A separate personal insurance is not a must.
Mediclaim is for hospitalisation. Personal accident insurance is required to deal beside accidents and disability from accident. Life insurance is required to do business with risk of death and long vivacity (retirement benefits).
Personal insurance is a separate ball game altogether while what i suppose that you have meant here is in the region of personal accident insurance. If a person have mediclaim which is an insurance for hospitalisation he doesn't need to go for personal quirk insurance policy since, the claim will be paid only once to him. Meanwhile nearby is no hard and fast rule to enjoy personal accident insurance policy to name if you already own mediclaim. Source(s): http://www.paisawaisa.com/community/pressrelease/
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