Cholamandalam Chola Accident Protection Insurance

Introduction:

The policy offers is available for the Individual as well as family in case of any accident. It allows for weekly compensation due to disability/death and is available on a worldwide basis.

Eligibility:

  • Minimum age- 18 years, maximum- 69 years.
  • Dependent children (up to 25 years of age) are eligible under family option

Policy Details:

Policy Benefits:

  • Accidental Death: If the Insured dies within the policy period, the nominee is compensated with the Insured Sum.
  • Permanent Total Disability: If such disability is continuous for 12 months, a percentage of sum insured is covered against.
  • Weekly Compensation: Compensation is provided against loss of income due to a disability.
  • Broken Bones: Fixed Amount is borne for treatment of fractures/accidental bone damage.
  • Modification of Residences / Vehicle:Expenses against modification of accommodation or own vehicle are covered in case of permanent total disability.
  • Family Transportation Benefit: Expenses against transportation of family member in case accidental death / permanent total disability of the insured.
  • Fee for Private tuition: Tuition fees of the Insured student are borne if he/she is not able to attend school/college due to an accident.
  • Ambulance charges:Ambulance hiring charges after an accident are covered.
  • Hospital Cash: Pays a daily allowance as stated in the policy schedule in the event of hospitalization either due to sickness or accidents
  • Repatriation of remains: Expenses against funeral or repatriation of remains, in case of death of the insured in foreign country are borne.

Exclusions:

  • Expenses due to suicide/ self-inflicted injury, sexually transmitted diseases, mental/nervous disorder, anxiety or depression.
  • Injuries due to involvement in war, invasion or terrorist activity involvement.
  • Participation in winter sports, sky diving, scuba diving or related sport activities.
  • Being under the influence of drugs or alcohol.
  • Exposure to radioactive substances or diseases due to intoxication.

 

Premium Details:

Coverage Table - Self

Sum Insured

5 Lacs

7.5 Lacs

10 Lacs

15 Lacs

20 Lacs

25 Lacs

50 Lacs

75 Lacs

1 Crore

Annual Income Eligibility

50000

75000

1 lac

1.5 Lacs

2 Lacs

2.5Lacs

5 Lacs

7.5 Lacs

1 Crore

Accidental Death

5 Lacs

7.5 Lacs

10 Lacs

15 Lacs

20 Lacs

25 Lacs

50 Lacs

75 Lacs

1 Cr

Permanent total Disability

5 Lacs

7.5 Lacs

10 Lacs

15 Lacs

20 Lacs

25 Lacs

50 Lacs

75 Lacs

1 Cr

Permanent Partial Disability

2.5 Lacs

3.75 Lacs

5 Lacs

7.5 Lacs

10 Lacs

12.5 Lacs

25 Lacs

37.5 Lacs

50 Lacs

Weekly Indemnity

5,00000

5,00000

5,00000

5,00000

5,00000

5,00000

7,50000

7,50000

7,50000

Broken Bone

50,000

50,000

50,000

50,000

50,000

50,000

1 Lacs

1 Lacs

1 Lacs

Modification of Residence Vehicle

1 Lacs

1 Lacs

1 Lacs

1 Lacs

1 Lacs

1 Lacs

2 Lacs

2 Lacs

2 Lacs

Cost Of Transporting Mortal Remains

6000

6000

6000

6000

6000

6000

6000

6000

6000

Cost of Performance of Death Ceremonies

5000

5000

5000

5000

5000

5000

5000

5000

5000

Ambulance Hiring Charges

1000

1000

1000

1000

1000

1000

1000

1000

1000

Family Transportation Benefit

5000

5000

5000

10,000

10,000

10,000

15,000

15,000

15,000

Hospital Daily Cash (Up to 30 days) - Optional Cover

500/day

500/day

500/day

500/day

500/day

500/day

500/day

500/day

500/day

Premium Including Service Tax 14% (With Hospital Daily Cash)

1501

1758

2017

2534

3051

3569

6620

9207

11793

Premium Including Service Tax 14% (Without Hospital Daily Cash)

1035

1293

1552

2069

2588

3104

5999

8587

11224

 

 

Coverage Table - Family (Self + Spouse + Upto 2 Children)

Sum Insured

5 Lacs

7.5 Lacs

10 Lacs

15 Lacs

20 Lacs

25 Lacs

50 Lacs

75 Lacs

1 Crore

Accident Death - Spouse

2.5 Lacs

3.75 Lacs

5 Lacs

7.5 Lacs

10 Lacs

10 Lacs

10 Lacs

10 Lacs

10 Lacs

Permanent Total Disability - Spouse

2.5 Lacs

3.75 Lacs

5 Lacs

7.5 Lacs

10 Lacs

10 Lacs

10 Lacs

10 Lacs

10 Lacs

Permanent Partial Disability - Spouse

1.25 Lacs

1.87 Lacs

2.5 Lacs

3.75 Lacs

5 Lacs

5 Lacs

5 Lacs

5 Lacs

5 Lacs

Accident Death - Per child

50000

75000

1 Lac

1.5 Lac

2 Lac

2.5 Lacs

2.5 Lac

5 Lac

5 Lac

Permanent Total Disability - Per child

50000

75000

1 Lac

1.5 Lac

2 Lac

2.5 Lacs

2.5 Lac

5 Lac

5 Lac

Permanent Partial Disability - Per Child

25000

37500

50000

75000

1 Lacs

1.25 Lacs

1.25 Lac

2.5 Lac

2.5 Lac

Tuition Fees Per child -Rs 250 Per day

5000

5000

5000

5000

5000

5000

5000

5000

5000

Coverage Under cost of Transporting Mortal Remains, Cost of performance of death ceremonies &ambulance hiring charges are same as under self

Hospital Daily Cash (Up to 30 days) - Optional Cover

500/day

500/day

500/day

500/day

500/day

500/day

1,000/day

1,000/day

1,000/day

Premium Including Service Tax 14% (With Hospital Daily Cash)

2327

2793

3207

4086

4965

5535

9207

11794

14432

Premium Including Service Tax 14% (Without Hospital Daily Cash)

1552

2017

2432

3310

4189

4758

8173

10759

13397

*The above rates may vary. Please check the policy wordings for more details.