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FAQs

Non Life Insurance - What compensation is provided under the Individual Personal Accident Policy?
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tPara"> Under the Individual Personal Accident Policy:

  • If the accident results in death, the full Capital Sum Insured must be paid to the Insureds beneficiaries.
  • In the accident results in permanent disablement that involves the total loss of both eyes or two limbs or one eye and one limb, the full Capital Sum Insured is payable.
  • In case the accident results in loss of one eye and one limb, then only 50 percent of the Capital Sum Insured will be paid.
  • In case the accident results in partial disablement of certain parts of the insureds body, only a specified percentage of the Capital Sum Insured will be paid.
  • In case there is disablement excluding injuries that are not visible or verifiable through medical tests like sprains, muscular spasms, etc ALL the benefits listed above have to be paid PLUS 1 percent of the Capital Sum Insured subject to a maximum of Rs.3000 per week over the Capital Sum Insured. However the total period of compensation will not exceed 104 weeks or 2 years approximately.