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TATA AIG Group Personal Accident Insurance

For any employer, its employees are the biggest asset, and to make them feel valued the employers provide them various benefits. One of such benefits is providing personal accident cover to them.

Group Personal Accident Policy

TATA AIG Group Personal Accident Cover is one such insurance plan that provides many benefits to the employees. With this plan, an employer can offer various advantages to its employees including disability cover, accidental death cover, allowance for children’s education, and more.

Key Features:

The key features of this plan are:

  • Un-Named/Named: For easy admission of policies, they are based on the requirements of the clients.
  • The sum insured is as per the category and salary, according to the requirements of the clients.
  • Provides worldwide cover for 24X7.
  • The policy can be tailor-made as per your needs and according to your choice of advantages in combination with Accidental Death Benefit.
  • Endorsement: As per the declaration or every month. The premium is charged from the intimation date but the coverage of the policy starts from the joining date.

Inclusions:

The inclusions of this policy are:

  • Accidental Death Cover: Provides coverage in case of death due to accident.
  • Permanent Total Disability: When the injury leads to permanent total disability.
  • Dismemberment: Under this, loss of limbs, loss of hearing, loss of eyesight, etc.
  • Permanent Partial Disability: When the injury results in permanent partial disability.
  • Accidental Medical Expenses Reimbursement: This entitles the policyholder to claim both in-patient expenses and OPD.
  • Weekly Benefits: Under this benefit, the policyholder is entitled to loss of pay temporarily because of an accident.

Riders / Add-Ons:

The riders or add-ons are the benefits that you get also of the aforementioned benefits by paying an additional premium. Some of the riders or add-on covers offered by TATA AIG Group Personal Accident policy are:

  • Family Transportation: Up to Rs. 25,000
  • Education Allowance: Maximum of 10% of the sum insured that is subject to the upper limit of Rs. 1,00,000.
  • Repatriation of Remains: Pays for the funeral expenses, which is up to Rs. 5000.
  • Modification Allowance: This is up to Rs. 25, 000.

Exclusions:

The main exclusions of this policy are:

  • Suicide
  • Pre-existing medical issues
  • Military issues or operations related to maternity
  • Bacterial infection
  • War
  • Illegal act
  • AIDS
  • Dangerous sports
  • Pregnancy or anything related to childbirth

Note: For a detailed list of exclusions, please refer to policy documents.

Group MultiGuard Personal Accident Policy

As an employer, every small step towards the safety and security of employees lets you gain their trust and loyalty, and providing a personal accident cover is one among these. An employer always wants that its most valued assets, i.e., its employees remain protected against any unexpected situations of life. TATA AIG General Insurance Company’s Group MultiGuard Personal Accident Plan helps an employer to do so. This plan covers the employees of an organization at an affordable price and it works as a great help when an employee gets hospitalized, becomes disabled, or dies an unfortunate death because of an accident. What is important is it offers major costs for the organization but goes in a long way for cementing the belief of employees for their employer.

Key Features:

The key features of this plan are:

  • This plan provides cover for disablement and accidental death worldwide for 24 hours and 365 days a year.
  • In case of dismemberment or accidental death by some common carrier like a train, bus, etc. this plan provides double cover.
  • It offers daily cash benefits when an insured gets hospitalized because of an accident.
  • If the death or dismemberment occurs because of a national disaster such as a volcano eruption or flood, then the insured or his/her family is eligible to get triple cover.
  • Provides flexibility as it offers coverage of four-level.

Inclusions:

This policy provides the following coverage:

  • It offers accidental death benefits and dismemberment benefits of up to Rs. 500,000
  • In case of occurrence of accidental death or dismemberment because of natural disaster, the plan offers up to Rs. 15,00,000.
  • In case of occurrence of accidental death or dismemberment because of a common carrier, the plan offers up to Rs. 10,00,000.
  • The plan provides accidental medical expenses of up to Rs. 5000.
  • The plan offers accidental hospital cash every day of up to Rs. 1000. This is for a maximum of 30 days.
  • In case of permanent total disability, the plan provides up to Rs. 5,00,000.
  • For repatriation of mortal remains, the policy offers up to Rs. 5,000.

Exclusions:

The main exclusions of this plan are:

  • Suicide
  • War
  • Military service
  • Terrorism
  • Bacterial infection
  • Illegal act
  • AIDS
  • Disease
  • Dangerous sports 

TATA AIG Group Personal Accident Insurance - FAQs

Q1: How will I be able to see the claim status of my TATA AIG Group Personal Accident Policy?

Ans: For checking the status of your TATA AIG Group Personal Accident Insurance policy, you have to go to the official website of the company and there click the 'Claims' tab. On the left side of this page, click the 'Click Here' option for checking the claim status. If you are not a registered user, then you have to provide your mobile number and OTP. After this, for completing the process of registration, you have to enter the required information. As soon as this is done, you can check the status of your claim.

Q2: What is the phone number of customer care of TATA AIG General Insurance?

Ans: The toll-free number of this company is 1800 – 266 – 7780. Or you can email the company at customersupport@tataaig[dot]com for registering your complaints and queries.

Written By: PolicyBazaar - Updated: 03 February 2021