Personal Insurance Services

Accidents can cause physical injury, disability or death. A personal accident insurance plan offers 24-hour world-wide protection against all these. The sum insured and premium depends on the occupation and earnings of the person buying the policy. It is offered to an individual and his/her family covering the spouse and children.

What it Covers

• Accidental Death
• Permanent Total Disablement
• Permanent Partial Disablement
• Temporary Total Disablement

The standard personal accident policy can be extended to include reimbursement of medical expenses by paying additional premium. Some of the personal accident policies cover injuries caused by acts of terrorism.

Major Exclusions
The policy does not cover death, injury or disablement resulting from the following:

• Services performed on duty, with any armed force
• Nuclear radiation or nuclear weapons materials
• War or war-like operation, act of foreign enemy, civil war and similar risks

Please refer to the policy document for complete scope of cover and list of exclusions and other terms and conditions under the policy.

A medical emergency can drain a person both financially and emotionally. A health insurance policy can ensure reimbursement of expenses or cashless treatment when you or your dear ones fall ill. It covers pre- and post-hospitalisation costs.

An insured should be hospitalised for a minimum 24 hours to avail Mediclaim benefit. This time limit will not applicable for Day care procedures that requires less than 24 hours hospitalisation as per policy conditions.

Why Health Insurance

• Tax benefit under section 80D of the IT act
• Cover offered by your employer may be insufficient
• Medical treatment costs can drain your finances
• Cashless hospitalisation

Types of Policies

• Individual health insurance
• Family floater health insurance
• Senior citizen health insurance
• Top up health insurance

Major Exclusions
Any medical expenses incurred for or arising out of the following is not covered:

• War, invasion, act of foreign enemy
• Pre-existing diseases
• Diseases or injuries incurred during first 30 days from the time the insurance is effective, except in case of accidental injury.

 Please refer to the policy document for complete scope of cover and list of exclusions and other terms and conditions under the policy.

Invest in a home insurance plan to secure your home against natural and man-made disasters.

What can be Covered

• Fire and allied perils including natural perils like an earthquake, flood etc. (for building and contents)
• Burglary and housebreaking including larceny and theft
• All risk for jewellery and valuable portable electronic equipment
• Plate glass
• Breakdown of domestic appliances
• Television set
• Pedal cycles
• Baggage insurance
• Personal accident
• Public liability
• Workmen’s Compensation
• Fidelity guarantee

Major Exclusions

• Damage, deconstruction or loss caused by war, act of foreign enemy, hostilities, invasion or war like operations
• Loss or damage from wear and tear or depreciation
• Loss or damage caused by an act of terrorism

Please refer to the policy document for complete scope of cover and list of exclusions and other terms and conditions under the policy.

Travel insurance can save valuable time and energy when on the go. It can protect you against any untoward incidents and risks. It also covers unforeseen situations such as passport loss, flight delay, and baggage theft during transit.

Types of Policies

• International Travel Insurance: Offers overseas travellers (the person buying the policy as well as family members) protection from a number of contingencies that may arise during overseas travel. An insured can opt for a plan that covers a single journey (Single-Trip) or more than one journey (Multi-Trip) depending on the requirement. Usually a multi-trip insurance plan offers cover for a year, and is meant for frequent fliers.
• Corporate Travel Insurance: Covers employees of an organisation during international trips.
• Students Travel Insurance: Designed for students travelling abroad for higher studies on a student visa.

What it Covers
Some of the coverages offered:

• Medical expenses including repatriation and emergency medical evacuation
• Accidental death and permanent total disablement
• Loss of passport
• Trip delay
• Total loss of checked baggage
• Personal liability

Major Exclusions

• Claims will not be paid where medical needs arise due to pre-existing diseases
• Cosmetic surgery unless the same is necessary as part of treatment after an accident
• Participation in hazardous sports like mountaineering, skiing etc.

Please refer to the policy document for complete scope of cover and list of exclusions and other terms and conditions under the Policy.

Vehicle insurance gives complete protection against loss or damage to your vehicle and death or bodily injury to a third party arising from natural and man-made calamities. It can be bought for private cars, two-wheelers, three-wheelers and commercial vehicles. This insurance is broadly classified into

• Comprehensive / Package Policy
• Liability only Policy

What it Covers
It covers loss or damage to the insured vehicle and its accessories caused due to the following reasons:

• Burglary, housebreaking or theft
• Fire, explosion, self-ignition or lightning
• Malicious acts
• Riot and strike
• Earthquake
• Terrorism
• Accidental damages by external visible means
• Natural calamities

Popular Add-on Covers
By paying additional premium, you can opt for certain add-on covers in the base plan to enhance the coverage on the vehicle:

• Zero depreciation cover
• Engine protector
• No claim bonus protection cover
• Return of invoice price
• Key replacement cover
• Tyre cover
• Roadside assistance cover

Major Exclusions

• Mechanical or electrical breakdown
• Depreciation
• Wear and tear

Please refer to the policy document for complete scope of cover and list of exclusions and other terms and conditions under the policy.