A personal accident policy provides insurance coverage for death or disability resulting from an accident. It pays benefits for accidental death, permanent total disability, permanent partial disability, and temporary total disability. Unlike health or life insurance, it does not require a health check-up. Coverage is worldwide and premiums vary depending on the insured's work profile and risk level. Certain exclusions apply such as intentional self-harm, intoxication, pre-existing conditions, and hazardous occupations like pilots and armed forces.