Religare Secure - Personal Accident Insurance
Objective
Religare Secure is a personal accidental and disablement policy which pays a specified sum insured upon accidental death or accidental disablement.
Suited for
Any individual who wants to provide a financial protection against accidental death, accidental permanent total disablement or permanent partial disablement.
What does it do?
A basic accidental cover which claims to immune against financial losses incurred due to accidental death or disablement, whether it is partial or total. The cover also provides for childrens education in the event of insured's death or Permanent Total Disablement (PTD).
Pros
Covers Childrens education.
Covers disapperance if the insured goes missing for more than one year due to an accident.
Covers Fractures and Burns pertaining to a surgery, advised by medical practioner in case of an accident.
Cons
Premium paid is not available for tax relief.
Our View
It is always good to have a personal accident cover. It protects you gainst accidental death and disablemnt at a negligible price. The policy protects your from the same and also provides a child education cover to financially protect to child's education in the event of your accidental death/disability.
Eligibility
| Entry Age (years) | |
| Minimum | 18; 91 days for children |
| Maximum | 70 |
| Maximum Policy Renewal Age (years) | Life long renewal |
| Coverage Type | Individual |
| Policy Term | 1/2/3 Years |
| Sum Insured (Rs) | |
| Maximum | 25 crore |
| Minimum | 10 lakh |
| Policy Term (years) | 1, 2, 3 |
| Tax Benefit | Not Available |
| Discount | 7.5% on selecting a 2 year policy term and 10% on selecting a 3 year policy term. |
| Customer Service | |
| Address | Religare Health Insurance Company Limited, GYS Global, Plot No. A3, A4, A5,Sector - 125, Noida, U.P.-201301 |
| Mail to | [email protected] |
| Call to | 1800 200 4488 (toll free) |
| SMS | Religare' to 56677 |
| Network Hospitals | Http://www.religarehealthinsurance.com/health-plan-network-hospitals.html |
Additions to the Plan
| Scope Of Cover | |||||
| Plan | Secure 1 | Secure 2 | Secure 3 | Secure 4 | Secure 5 |
| Sum Insured | Up to 10 Lakh | Above 10 Lakh up to 30 Lakh | Above 30 Lakh up to 3 Crore | Above 3 Crore up to 25 Crore | Up to 30 Lakh |
| Accidental Death | 100% of Sum Insured | ||||
| Permanent Total Disablement | Covered | Covered | Covered | Covered | Covered |
| Permanent Partial Disablement | Covered | Covered | Covered | Covered | Covered |
| Fractures | Up to Rs. 50,000 | Up to Rs. 1,00,000 | Up to Rs. 2,00,000 | Up to Rs. 3,00,000 | Not Covered |
| Child Education | Not Covered | 10% of Sum Insured | 10% of Sum Insured | 10% of Sum Insured | Not Covered |
| Major Diagnostics Tests | Not Covered | Up to Rs. 15,000 | Up to Rs. 25,000 | Up to Rs. 50,000 | Not Covered |
| Disappearance | Not Covered | 100% of SI | 100% of SI | 100% of SI | Not Covered |
| Mobility cover (Use of prothestic devices like artificial arms, limbs, eyes, etc) | Not Covered | Up to Rs. 15,000 | Up to Rs. 25,000 | Up to Rs. 50,000 | Not Covered |
| Burns | Not Covered | Up to Rs. 10,00,000 | Up to Rs. 20,00,000 | Up to Rs. 25,00,000 | Not Covered |
| Domestic Road Ambulance | Not Covered | Not Covered | Up to Rs. 5,000 | Up to Rs. 5,000 | Not Covered |
| Nursing Care | Not Covered | Not Covered | Rs. 1,000 per day, Max for 15 days | Rs. 1,500 per day, Max for 15 days | Not Covered |
| Reconstructive Surgery | Not Covered | Not Covered | Up to Rs. 10,00,000 | Up to Rs. 20,00,000 | Not Covered |
| Repatriation of Mortal Remains | Not Covered | Not Covered | 2% of the Sum Insured or Max Rs. 1,00,000; whichever is lower | 2% of the Sum Insured or Max Rs. 1,00,000; whichever is lower | Not Covered |
| Exclusions and Waiting period | |
| General Exclusions | Any pre-existing injury or physical condition, claims related to hazardous activities, claims arising out of mental illness, stress, psychiatric or psycho logical disorders, insured person serving in any branch of the military, navy, air force, armed force, paramilitary force, any intentional self inflicted injury, suicide, attempted suicide, mental or nervous conditions, etc. |
| Annual Premium (including taxes) | ||||||
| Sum Insured/Age group | 10 lakh | 15 lakh | 20 lakh | 25 lakh | 30 lakh | |
| 18-30 | 1888 | 3027 | 4036 | 5044 | 6053 | |
| 31-40 | ||||||
| 41-50 | ||||||
| 51-60 | ||||||
| 61-70 | ||||||
| Premium for other available options can be calculated using the insurers website. | ||||||
