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PERSONAL ACCIDENT INSURANCE

 

PERSONAL ACCIDENT INSURANCE

Personal accident insurance covers death, disablement, bodily injuries to the Insured resulting solely and directly from accident caused by external violent & visible means within 12 months of its occurrence. Accident may include events like:

·         Rail/Road/ Air accidents

·         Injury due to any violent collision/ fall

·         Snakebite,

·         Burn Injury, Drowning, Poisoning etc.

Who can buy this policy?

Individuals

Members of Family

Members of Groups

Organizations

What is the cover?

Table I   Death cover

Table II   Death and Permanent Total Disablement

Table III Death Disablement & Temporary Total Disablement

Other Features are:

l  Free look Period:  Insured will be allowed a period of at least 15 days from the date of receipt of the policy to review the terms and conditions of the policy and to return the same if not acceptable.

l  Cumulative bonus: Compensation payable shall be increased by 5% for each completed year of Insurance, but max restricted to 50% of CSI

l  Medical expenses: 10% of CSI or 40% of admissible claim whichever is less, on payment of 20% of basic premium, as Add-on cover

l  Education fund: One Dependent child- 10% of CSI subject to max of Rs 5,000/-More than one Dependent child- 10 of SCI subject to max of Rs 10,000/-

l  Carriage of dead body & Funeral Expenses: 2% of CSI or Rs 1,000/-, whichever is less

Important points:

l  This is a worldwide cover & 24 -hour cover

l  Benefits under this Policy are Assignable.

 

Disclaimer:   

Zen Insurance is an IRDAI registered broker which facilitates quick & accurate insurance broking services. We deal with only regulator approved products of insurers. We do not underwrite the products

 

 

 

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