Personal Accident Insurance Policy

Whenever you are travelling (driving out in own vehicle or that of others, or simply walking down to somewhere) to some place or being static (at home, being at a place that can be affected with untoward incident) etc, due to unfortunate causes, an accident can befall, which may cause injuries and other harms. Sometimes this can amount to death, which is again covered for if you take a personal accident insurance policy.

To cope up with expenses needed to take care of personal accident you can purchase a relevant insurance policy, which will assist you with immediate monetary aid and pay for the costs as mentioned in the plan selected.

Personal Accident Insurance Policy
Indemnifies the Insured against any Accidental Bodily Injury sustained during the Policy Period to:
  • CREW – Unnamed basis
  • Others – Named basis
Following would be the coverage in this section:
Coverage Part A: Death

The Company will pay the Sum Assured in the event of Accidental Bodily Injury causing the Insured's death within 12 months of the Accidental Bodily Injury being sustained.

The Company will also, in addition to the Sum Assured, pay up to 2% of the Sum Assured or Rs.5,000/- (whichever is lower) towards the cost of transporting the Insured's remains from the place of death to the hospital residence and/or cremation and/or burial ground.

Coverage Part B: Permanent Total Disability

In the event of Accidental Bodily Injury causing the Insured's Permanent Total Disability within 12 months of the Accidental Bodily Injury being sustained, the Company will pay 125% of the Sum Assured, where after this Policy shall expire.