The minimum sum insured is Rs 2.5 Lacs and maximum sum insured is Rs 1 Crore (in multiples of Rs 50,000)
Minimum & Maximum Age
The minimum entry age is 18 years and the maximum entry age is 70 years.
Policy can be availed for Self and the following family members
i. legally wedded spouse.
ii. Parents and Parents-in-law.
iii. Dependent Children (i.e. natural or legally adopted) between the ages 3 months to 25 years. If the child above 18 years of age is financially independent, he or she shall be ineligible for coverage in the subsequent renewals
Lifetime renewability is available in this policy.
UIN : KOTPAIP21629V012021
Benefit equal to 100% of Sum Insured is payable on death of the insured person, due to an Injury sustained in an Accident during the Policy Period, provided that the Insured Person’s death occurs within 12 months from the date of the Accident.
Permanent Total Disablement:
Benefit equal to 100% of Sum Insured is payable if an insured Person suffers Permanent Total Disablement of the nature specified below, solely and directly due to an Accident during the Policy Period, provided that the Permanent Total Disablement occurs within 12 months from the date of the Accident
Permanent Partial Disablement:
Benefit equal to % of Sum Insured mentioned in the policy wording is payable if the Insured Person suffers Permanent Partial Disablement of the nature specified, solely and directly due to an Accident during the Policy Period provided that the Permanent Partial Disablement shall occur within 12 months of the date of the Accident.
5% of the Sum Insured (excluding cumulative Bonus), upto a maximum of 50% for each claim free year, reduction of 5% in case of claim. The cumulative bonus is applicable only in respect of base covers
The below mentioned optional covers are also available on payment of extra premium.
Temporary Total Disablement
If the Insured Person sustains an Injury in an Accident during the Policy Period and which completely incapacitates the Insured Person from engaging in any employment or occupation of any description whatsoever which the Insured Person was capable of performing at the time of the Accident (Temporary Total Disablement), compensation shall be payable, at the rate of 0.2% of the base sum insured per week, till the time the insured person is able to return to work
Hospitalisation Expenses due to Accident
Hospitalisation expenses arising due to accident shall be indemnified up to the limit of 10% of base sum insured.
Following an admissible claim of the insured person under the policy towards Death or Permanent Total Disability of the insured person, a one-time Educational Grant of 10% of the Base Sum insured, per child, shall be payable, to all dependent children of the Insured
Major exclusions in the policy
Following is a partial list of the policy exclusions. Please refer the policy document for the complete list of exclusions:
Any claim for death or disablement (whether of a permanent nature or of a temporary nature), hospitalization of the insured person
Statutory Warning - Prohibition Of Rebates (Under Section 41 of Insurance Act 1938)
To optimise our site experience on your handheld device, please hold your phone vertically.