Exploring Different Types of Personal Accident Insurance

Accidental Death & Disappearance

Accidental deaths are uncertain; in such death, the nominee gets 100% compensation of the sum insured as per the Basic Plan, Basic plus Plan, Advance Plan or Comprehensive Plan selected by the insured. If, during the policy period, the insured person meets with any accidental bodily injury that causes their death within 12 months from the date of such accident. Where such an accident is the sole and direct cause of death, the insurer will pay the benefit for loss of life during the policy period. This cover can secure the family’s financial status after your absence

Transportation of Mortal Remains

As an additional benefit coverage, if you opt, you can be compensated for the actual cost of transporting the remains of the deceased from the place of death to a hospital, cremation ground or burial ground. The insurer will limit the amount to as low as Rs. 5,000/- or 2% of the sums insured

Children's Education Benefit

We think of your children's future, too; if you claim under accidental death or permanent total disability, then we will make a one-time payment of 2% of the benefit for each child towards the cost of education. The cover is available for the first two dependent children who are studying

Permanent Total Disability

In case someone gets injured, loses their (any) body part permanently and becomes handicapped for life. The insurer will pay 100% of the sum insured shown under the plan selected. Suppose the insured person meets with an accidental bodily injury during the policy period that causes permanent total disability (shown in the table below) within 12 months from the date of the accident. In that case, such an accident is the sole and direct cause of permanent total disability

Permanent Partial Disability

Suppose the insured meets with an accidental bodily injury during the policy period that causes disablement of the shoulder joint, thumb, index finger or others considered a permanent partial disability. If it results within 12 months from the date of the accident and such accident is the sole and direct cause of permanent partial disability. The insurer will pay the percentage (shown in the table below) of the sum insured under each plan

Temporary Total Disability

Suppose the insured suffers an accidental bodily injury during the policy period because of temporary disablement. And it completely prevents the insured from the respective occupation. The insurer provides a weekly payment of 1 % of the capital sum insured per week, a maximum of up to Rs. 50,000 until they return to work