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OFFERED
PACKAGES |
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Packages
Available: |
| |
Following five packages of the
above benefits are available for
you to choose from. You can choose
a particular package which you
consider appropriate for your
protection needs:
|
| |
| 1. |
Basic : AD&D + AH |
| 2. |
Economy : AD&D + PTD |
| 3. |
Standard : AD&D + PTD +
TD |
| 4. |
Classic : AD&D + PTD +
AH |
| 5. |
Executive : AD&D + PTD +
AH + TD |
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RISK
CLASSES |
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The
premium for the plan is dependent
on the term of the coverage,
package chosen by you and the risk
class to which you belong:
|
| |
The risk classes are categorised
as follows:
|
| |
|
Class
A |
Professional, administrative and clerical staff. |
| Class
B |
Occupations of supervisory nature or which may involve
traveling or occupational light manual work. |
|
Class
C |
Occupations involving light manual work or the use of
tools and light machinery. |
|
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Term of Coverage: |
| |
Coverage is available for terms
of 1, 3, 5, and 10 years. |
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Premium Payable Term: |
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The premium payable depends on
the term of coverage, package
chosen by you and the risk class
to which you belong. The premium
payment terms corresponding to
the term of the plan chosen for
coverage are as follows:
|
|
Coverage Term
(years) |
Premium Payment Term
(years) |
|
1 |
1 |
|
3 |
2 |
|
5 |
3 |
|
10 |
6 |
|
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Limits Applicable: |
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Multiple accidents occurring
during the policy duration are
covered. From accident(s) within
the same policy year, the
maximum cumulative payment that
could be made for these
accidents is 100% of the sum
assured. |
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Salient
Features Of The Plan: |
| |
 |
Policy shall be issued to
individuals between ages 18
and 59 years nearest
birthday. The attained age
at end of policy term of the
policy should not be greater
than 60 years nearest
birthday. |
|
Packages to suit your
pocket and your needs. |
|
Only limited underwriting
needed. No medical
examination is required.
Only declaration of good
health and information
related to occupation is
needed. |
|
Easy to understand claim
procedure. |
|
Efficient claim
processing. |
|
Timely disbursement of
benefit. |
|
Higher of the amount shall
be payable if a claim is
payable under two
benefits. |
|
Benefit paid for single risk
does not terminate the cover
for other risks for the
remaining term. |
|
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|
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GENERAL
EXCLUSIONS |
| |
|
Any
suicide attempt or self
inflicted injury. |
|
Injuries resulting from
being in an abnormal state
of mind or under the
influence of drugs, alcohol
etc. |
|
Intentional exposure to
potential injuries. |
|
War,
invasions, act of foreign
enemy, hostilities, civil
war, rebellion, revolution,
insurrection, military or
usurped power, mutiny, riot,
strike and act of terrorism. |
|
Engaging
in aviation (other than as a
fare paying passenger in a
fully licensed standard type
aircraft operated by a
recognized air charter
company). |
|
Being in
service of armed forces
whether in war or in peace. |
|
Engaging
in sports or pastime of a
hazardous nature such as
motorcycle racing, car
racing, mountain climbing,
parachuting, paragliding,
parascending, potholing and
hot air ballooning. |
|
Any loss
or injury that has been
aggravated due to any
pre-existing medical
conditions, which were
present at the time of
issuance of policy. |
|
Murder or
any attempt of murder
whether intentional or
unintentional, as a result
of enmity, hostilities,
conflict and act of
violence. |
|
Commission or attempted
commission of any criminal
offence or contravention of
or negligence to follow any
statutory law. |
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