What you need to know
Injuries and accidents aren’t fun topics to ponder, but you’ll be grateful you gave it some thought when misfortune strikes. When you’re injured and unable to work, your group personal accident benefit provides partial income replacement while you get back on your feet.
Plan highlights
Group personal accident insurance provides you with income in the event you’re unable to work due to an accident. Here’s what’s covered:
- Group personal accident: 3 times your annual earnings
- Permanent total disability: 100% of the sum insured
- Temporary total disability (weekly benefit) up to 1% of the sum insured or INR 25,000 or actual salary for 104 weeks
Personal accident insurance also provides these benefits:
- Reimbursement for medical costs including ambulance, modification and treatment of fractures
- Financial support for your children’s education up to INR 1,00,000 per child, up to two children
- Financial support for funeral and repatriation expenses up to 1% of sum insured or INR 10,000 or actual expenses, whichever is less