Health insurance plans have the potential to cover a lot of eventualities, but a personal accident cover will definitely double your assurance by taking care of your loved ones in case of a death or disability due to an accident. This benefit can also help you out in cases of permanent disability caused due to an accident. Niva Bupa's personal accident insurance cover provides coverage in case of permanent total and permanent partial disability, and even has an option for paying for child’s education after the primary insured person’s demise. It is also a financial product which offers value for money as premiums high value sum insured are comparatively lower.