Events covered under Personal Accident Insurance :
Personal Accident insurance covers but not limited to an accident may include events like:
• Rail/Road/Air Accident.
• Injury due to any collision/fall.
• Injury due to Bursting of gas cylinder.
• Snake-bite, Frost bite/Dog bite.
• Burn Injury, Drowning, Poisoning etc.
Scope of Cover & Benefits available under Personal Accidental Cover
Personal Accidental policy covers accidental death, loss of limbs, permanent total and partial disablement as selected and granted by the insurance companies based on the underwriting norms. On payment of additional premium, medical expenses reimbursement can also be covered under personal accident insurance. These expenses are payable, in case, if the claim is admitted under the basic policy cover
Age Limits under Personal Accident Cover
This Policy is available to persons between the age of 5 and 70 years (Male & Female). In case of Family Package covers, the age of children should be between 5 to 19 years.
Factors affecting Sum Insured under Personal Accident Insurance
Sum insured is based on various factors namely:
(a) Income from gainful employment,
(b) Type of occupation,
(c) Age as on date of proposal,
(d) Period of insurance
(e) Conditions prevailing at the place from where the proposal is made etc.