It pays the agreed sum insured on unfortunate demise of the insured member due to an accident. A family floater covers the spouse for 50 per cent of the basic sum insured and children for a maximum sum of 10 per cent, for each selected benefits offered under this policy. Cover for other related expenses increase the attractiveness of this plan.
It offers 5 per cent increase in the sum insured on renewal.
This policy does not cover temporary disability.
| Scope of Cover | |||
| Plan Options | |||
| Level 1 | Level 2 | Level 3 | |
| Accidental death | 10 lakh | 15 lakh | 20 lakh |
| Partial disability | pays a pre specified percentage of sum insured on basis of nature of disablement upto maximum of Rs.20 lakh | pays a pre specified percentage of sum insured on basis of nature of disablement upto maximum of 30 lakh | pays a pre specified percentage of sum insured on basis of nature of disablement upto maximum of 40 lakh |
| Total Disability | 10 lakh | 15 lakh | 20 lakh |
| Special Coverage(only with Family Plan Option) | |||
| Special Education Benefit (for full time child in Grade 12 or above in case of death of insured member) | covered for maximum upto 10% of principal Sum Insured | ||
| Modification of House &/or vehicle in case of disability | covered upto maximum of Rs 50000 | ||
| Repatriation of Remains | covers expenses upto Rs 5000 | ||
| Family Transportation | covers expenses upto Rs 25000 | ||
| Additional Benefits | |||
| Tuition benefit (in case of accidental death) | Rs 150000 | ||
| Home Alteration & Vehicle Modification Benefit | covers expenses incurred between 1 year after the date of accident upto amount stated in the policy schedule | ||
| Repatriation benefit | pays upto maximum of Rs 5000 | ||
| Family Transportation benefit | reimburses the actual expenses subject to maximum of Rs 25000 | ||
| Exclusions and Waiting Period | |||
| Pre-existing diseases | not covered | ||
| Annual Premium | |||
| Level 1 | Level 2 | Level 3 | |
| Self only | 1817 | 2726 | 3634 |
| Family option | 2908 | 4361 | 5815 |
| Premium rates are inclusive of service tax and cess | |||
