Cholamandalam Chola Accident Protection Insurance

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.

Written By: PolicyBazaar - Updated: 19 November 2020

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