Personal Accident Insurance

Accidental Death (AD) Benefit

​In the event of the insured person’s accidental demise, the full Sum Insured (100%) is paid immediately to the nominated beneficiary. This ensures the family receives necessary, immediate liquidity to manage final expenses and maintain their ongoing financial stability.​

Permanent Total Disability (PTD)

This benefit provides 100% of the Sum Insured if the accident results in a permanent and total impairment that prevents the insured from engaging in any profitable occupation. This crucial coverage typically includes the total and irrecoverable loss of:

• Sight in both eyes.
• Physical loss or loss of use of two limbs (hands or feet).
• The combination of sight in one eye and the loss of one limb.
• Complete and irreversible paralysis.

Permanent Partial Disability (PPD)

PPD coverage offers a financial cushion for less severe, yet permanent, injuries. A fixed percentage of the Sum Insured (up to 100%) is paid based on the degree of disability defined in the policy schedule. This typically compensates for the permanent loss of specific body parts or their function, such as:

• Loss of one eye or one limb.
• Loss of toes or fingers.

Temporary Total Disablement (TTD) – The Essential Income Shield

This benefit is vital for managing short-term financial distress when an accidental injury makes the insured temporarily unable to work (e.g., a severe fracture).

• Financial Structure: It is paid as a weekly allowance, commonly calculated as 1% of the Capital Sum Insured (CSI), subject to a defined maximum weekly limit (e.g., up to ₹25,000 per week, varying by insurer).
• Purpose: This income replacement mechanism ensures essential expenses like loan EMIs, rent, and utility bills are covered while the insured is recuperating and unable to earn.
• Note: A short deductible period, often the first week of disablement, may apply.