Accident Insurance is a type of coverage designed to provide financial protection in the event of an unexpected accident. It typically pays out benefits for medical expenses, lost wages, and other costs associated with injuries sustained in accidents, whether at work, home, or during recreational activities. This insurance can be purchased as an individual policy or as part of a broader health insurance plan. It is especially useful for individuals who engage in high-risk activities or those who want extra peace of mind in case of unforeseen incidents.