Last Updated on: 20/09/2024
Type of coverage
The group insurance plan covers the following risk on account of accident which occurs immediately or within 365 days of the date of accident.
1. Accidental Death (AD).
2. Permanent Total Disability (PTD).
3. Repatriation and Funeral Expenses subject to a maximum of Rs 10,000/-
4. Child Education cover - up to Rs. 20,000/- for First & Second child of insured member (In case of Death or PTD admissible claim)
5. Adaptation Allowance (Home & Vehicle) - Rs.20,000 in case of PTD admissible claim.
6. Ambulance Cover - Rs.1,500/- per incident/accident towards admissible claim of Death or PTD
7. Broken Bones - Accident causes an Insured Person who is aged 60 years or less suffers a fracture (a break in the continuity of a bone) and this is certified by a Doctor and also confirmed by imaging or radiological investigations such as by X-ray etc, maximum up to Rs 5,000/- per claim is permiited.
Age Norms
Entry Age: 18 years to 65 years- Renewable lifelong.
Payout Basis
Accidental Death (AD)
Benefit
Permanent Total Disability
Child Education Support
Repatriation Benefit and Funeral Expenses
Adaption Allowance
Indemnity
Ambulance Cover
Broken Bone
Both hands & both feet
100%
Sight of both eyes
One Hand and One Foot
Either Hand or Foot and Sight of One Eye
Speech and Hearing in Both Ears
Either Hand or Foot
50%
Sight of One Eye
Speech or Hearing in Both Ears
Hearing in One Ear
25%
Thumb and Index Finger of Same Hand
Premium
Rs. 750/- including GST