Personal Accident Insurance

This policy offers compensation in case of death or bodily injury to the insured person, directly and solely as a result of an accident, by external, visible and violent means.

The policy operates worldwide and is a 24 hours cover.

This policy is basically designed to offer some sort of compensation to the insured person who suffers bodily injury solely as a result of an accident which is external, violent and visible. Death or injury due to any illness or disease is not covered by the policy.

Death cover wherein 100% of the capital sum insured is payable.

Permanent Total Disablement

Loss of two limbs / both eyes / one limb and one eye wherein 100% of the capital sum insured is payable.
Loss of one limb or one eye wherein 50% of the capital sum insured is payable.
Permanent Total Disablement other than above e.g. paralysis due to an accident, wherein 100% of the capital sum insured is payable.

Permanent Partial Disablement

Where a part of the body becomes permanently disabled due to an accident, e.g. total and irrevocable loss of use of a finger due to an accident. In such cases, a percentage of the capital sum insured as specified in the policy is paid.

Temporary Total Disablement

where the insured person becomes temporarily disabled from undertaking any work as a result of an accident for e.g. fracture of legs. In such cases, a weekly payment of 1% of the capital sum insured subject to a maximum limit, is paid for the number of weeks or part thereof (maximum 100 weeks), during which the insured person is totally disabled.
Death, injury or disablement of Insured Person as a result of
From intentional self-injury, suicide or attempted suicide
Whilst under the influence of drugs or liquor
Directly or indirectly caused by venereal diseases
Insured committing breach of law with criminal intent
War, invasion, act of foreign enemy, hostilities (whether war be declared or not) civil war, rebellion, revolution, insurrection, mutiny, military or usurped power, seizure, capture, arrests, restraints and detainment of all kinds
Childbirth or pregnancy or in consequence thereof
Claims arising out of any sickness or disease

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