TATA AIG Group Personal Accident Insurance

Introduction:

  • This plan covers your employees across a wide range of options like accidental death cover, disability cover, children’s education allowance etc.

Eligibility:

  • A corporate with a minimum of 50 employees.

Policy Benefits:

  • Accidental Death - Due to Accident
  • Dismemberment –Loss leading to limbs, loss of eyesight/ hearing, etc.
  • Permanent Total Disability/Permanent Partial Disability
  • Weekly Benefit – This helps to bear expenses during temporary loss of job due to injury.
  • Accident Medical Expenses Reimbursement –OPD and In patient expenses during accidents.

Additional Benefits:

  • Education Allowance –Maximum of 10% of Sum Insured subject to an upper limit of 100000 INR.
  • Family Transportation – Maximum of 25000 INR
  • Modification Allowance – Maximum of 25000 INR.
  • Repatriation Of Remains – Funeral expenses subject to a maximum of 5000 INR.

Policy Details:

  • 24x7 worldwide coverage.
  • The Sum Insured is based on Salary or Category, as per need with an option for Accidental Death benefit
  • Endorsements: These are allowed as declared or on a monthly basis. Premium is charged from the date of intimation but coverage begins from joining.

Exclusions:

  • Pre-existing conditions.
  • Conditions arising due to suicide, self-inflicted injury, war, illegal act, riots, acts of terrorism etc.
  • Bacterial infections, AIDS, dangerous sports, pregnancy or related illnesses to childbirth.