Personal Accident Insurance: This insurance policy provides compensation for loss of life or injury (partial or permanent) caused by an accident. This includes reimbursement of cost of treatment and the use of hospital facilities for the treatment.
Personal Accident Benefit Rider (PAB) from Max New York Life India
Max New York Life tries to personalize life insurance policies for you through MyOptions™. MyOptions™ gives you the flexibility to customize your life insurance policy. Simply choose one of our base life insurance policies, attach any one or more of the relevant offerings from MyOptions™, and you shape your chosen policy to suit your requirements.
Personal Accident Benefit Rider (PAB)
The Personal Accident Benefit Rider helps you plan for the unforeseen by having a clutch of benefits that drive some of the uncertainty out of life.
Accident Death Benefit: An additional benefit is paid in case death is caused by an accident.
Total and Permanent Disability Benefit: If, as a result of an accident, the Life Insured is totally and permanently disabled within 180 days, the additional benefit to the insured is: 20% of the benefits under the Rider will be paid out to the
Life Insured every year for 5 years, or till he/ she recovers, whichever is earlier. Therefore provides you with money when you need it most. If death occurs or the Base Policy matures within this period, outstanding installments will be paid as a lump sum.
ICICI Lombard Personal Accident Insurance policy covers you against Accidental Death, Permanent Partial Disablement (PPD) and Permanent Total Disablement (PTD) on account of an accident with a choice of continuous coverage for 3 or 5 years.
Cover against Accidental Death or Permanent Partial Disablement (PPD) or Permanent Total Disablement (PTD) on account of an Accident.
Covers claims arising out of Terrorism or acts of Terrorism
Choice of cover: 3 or 5 years
No health check up required
Renewable till the age of 70 years
Easy Claim Process with minimal documentation
Digitally signed policy available 24X7 online
Amount of Cover Rs. 2,000,000
Personal Accident Plan shall cover the insured for: