What do you mean by Family Floater Policy?

A family floater policy is a single insurance policy that covers all your family members and dependent children with a single sum insured. This family health insurance plan takes care of all medical and hospitalization expenses incurred during the validity of the policy.

In most cases taking a floater health mediclaim policy for your family is a better option as you can enjoy a higher sum insured with minimum premium payment, as chances of multiple family members falling ill together are very remote.

What is Health Insurance?

A health insurance policy can be described as a binding contract between IFFCO Tokio and you wherein we agree to indemnify you and other insured members of your family for any hospitalization expenses incurred while you are under the coverage of medical policy for the family. It covers all hospitalization related expenses for most medical conditions.

Which Family Health Insurance policies are offered by IFFCO Tokio?

At IFFCO Tokio, we understand the importance of the wellbeing of your family members for you. Therefore we offer a vast variety of mediclaim for family plans with varying coverage and benefits, to choose from. You can choose a policy according to your preference and offer protection to your family against any unforeseen exigencies.

Why is a Health Mediclaim Policy important?

In modern-day society, health insurance has become more of a need rather than a luxury. With the kind of polluted and dangerous surroundings that we live in, access to quality medical care is very crucial. But with quality medical care becoming very expensive, if any of your family members need to be hospitalized in the absence of a health insurance plan for the family, there are good chances that all your savings might be wiped off.

With health insurance plans for family, you and your family members are able to enjoy the safety blanket offered by a floater policy wherein depending on your policy, your medical expenses up to the extent to Rs. 30 Lacs shall be reimbursed to you in case you ever need to make a claim.

What kinds of Family Health Insurance covers are available?

At IFFCO Tokio, we understand that different families have different needs; that is evident in our health insurance plans for family. The premium for the medical insurance for the family depends on the extent of coverage and range of additional benefits chosen by you. We also offer you the benefit of opting for additional cover for critical illness by paying a basic premium amount and enjoy much higher coverage benefits. For more details, you can Click here or get in touch with our customer care department.

Is cashless facility available under Mediclaim Policy for Family?

At IFFCO Tokio, we have strategic tie-ups with over 4000 Hospitals, Nursing Homes and Medical care providers to offer cashless treatment for a vast range of ailments and medical conditions under our health insurance plans for family. All the hospitals under our network offer you the benefit of cashless treatment, where you need not pay any charges out of your own pocket, every expense is taken care of by us. Though you should remember that there are certain sub-limits applicable to some treatments and if your expenditure is beyond that limit, you might have to pay some amount out of your pocket.

We would suggest you obtain a pre-authorization, if the ailment is not life-threatening, for the impending hospitalization for your medical condition. This way your claim settlement and cashless treatment process would be very streamlined when you purchase our health insurance policy for family.

What are the tax benefits I get if I opt for Family Health Insurance Policy?

What makes an investment in family medical insurance an attractive option is the benefits under Sec 80D of the Income Tax Act. At present, the Government allows a deduction of up to Rs. 25,000/- when you buy family health insurance.

What are the factors that affect the Family Health Insurance premium?

The premium for your family mediclaim policy depends on a variety of factors including: -

  • Number of Family members included.
  • Age of the family members.
  • Previous medical history.
  • Existing Medical Conditions.
  • Optional Critical Illness cover.
  • Optional Additional benefits.
  • Claim free years.

At IFFCO Tokio our only priority is the well being of your family. Therefore we offer attractive family insurance policies at very reasonable premiums so that you do not think twice before opting for our health insurance policy for family.

What does a Family Health Insurance policy not cover?

Certain pre-existing conditions are not covered by our family health insurance policy.

Cosmetic treatments which are purely optional are not governed by medical compulsions. They are also not covered under our health insurance plans for family. Then there are certain medical conditions that are only covered after a waiting period of 12, 24 or 48 months in case of a new family mediclaim policy. For more information, please click here or call our customer care center at 18001035399.

Is there any waiting period for claims under a Family health plan?

When you buy a family medical insurance policy for the first time, there is a waiting period of 30 days before you can file a claim under the policy coverage, starting from the coverage commencement date. During this period, no claim will be accepted by the company. But this waiting period of 30 days is waived off in case the hospitalization is due to an accident. Policies that are pending for renewal do not have any such waiting period applicable.

How is a pre-existing condition defined under Family health insurance policy?

A pre-existing condition means any particular disease or ailment that you or any other insured family member was suffering from before you buy a family insurance policy. The coverage for treatment of pre-existing conditions will not come in force until after 48 months of continued coverage. But in case you are porting from some other insurance plan to IFFCO Tokio, then your policy comes into effect right from the date you sign up for our mediclaim policy for the family.

If my policy is not renewed in time before the expiry date, will I be denied for renewal?

We will suggest you make sure that the family insurance plan’s renewal premium is paid on time, much before the due date so that you and your family members can continue to enjoy the benefits of continuity as well as an accumulated bonus. If due to any circumstances, you are unable to pay the premium on time, please make sure you make the payment within 30 days of the date of premium being due.

  • If you are unable to pay the premium even after 30 days, then your family mediclaim policy will be deemed canceled, and the protection cover for your family would cease to exist. Thereafter, you will need to buy family health insurance online or through our offline channels.

Can I transfer my health insurance plan(s) for the family from one insurance company to another without losing the renewal benefits?

Yes, as per the guidelines of the IRDA, customers can freely port their health insurance plan(s) for the family from one insurance company to another without losing the continuity and renewal benefits accumulated over the years.

At IFFCO Tokio, we have a vast range of health insurance plans for a family, from which you can choose the one suitable for your family and enjoy the amazing benefits on offer.

What happens to the mediclaim policy for the family’s coverage after a claim is filed?

After you file a claim for undergoing medical treatment for yourself or any of the insured family members, the total claim amount is deducted from the sum insured, and the remaining amount is available for the rest of the policy period as defined in the terms and conditions of our health insurance policy for family.

If the whole policy amount for the health insurance plans for a family is exhausted, you can pay a small amount and opt for reinstatement of the basic sum insured to continue paying for the treatment.

What is the maximum number of claims allowed over a year?

Under our health insurance plans for the family, there is no limit on the number of claims that can be filed during a year. Though the maximum amount that could be claimed is limited to the extent of the Sum Insured.

Does your health insurance plan for family cover everything from accident, surgery, normal hospitalization?

Yes, all our health insurance plans for family offer extensive coverage against a vast range of ailments, injuries, and accidents for you and all your insured family members. There are no exceptions to claims against accident-related hospitalization.

However, please make sure that when you purchase a family health plan online or through other channels, you disclose all pre-existing conditions as well as medically relevant information, so that there are no issues while settling claims against your health insurance plan for a family.

What are the advantages of sticking to one Insurance company for a long time?

We would like to recommend that you should continue with the insurance company on a continuous basis to enjoy a maximum range of benefits. Sticking with one company for your requirement of health insurance plans for a family will make it easier for you to claim the continuity benefits. There are certain pre-existing conditions, for which the coverage starts only after 48 months waiting period. This condition makes it preferable to not shuffle around too much.

  • Moreover, if you stick to one insurance company with your health insurance plans for a family, you also get to enjoy the benefits of accumulated bonuses, which provide you additional coverage over and above the sum insured.
  • Claim settlement is also faster when you have a long-term association with the company, as all the waiting period requirements would be satisfied by then.
  • As such, if you do not have some serious unresolved grievances with your insurer for family medical insurance, then changing your insurer makes little sense.

What is the key to a successful claim for health insurance plans for a family in case of emergency and planned hospitalization?

Staying organized while filing a claim for hospitalization and other related expenses, is the success mantra for a successful claim settlement with our amazing health insurance plans for a family. You should keep all your documents and record up to date. Organize all your test reports, doctor prescriptions, treatment details in a folder, so that when asked to submit any document, you do not have to search through different files.

You should also make sure that your communication details are up to date in our records, as all the family mediclaim policy-related communication shall be directed to the registered details only. When you submit your documents and reports for claim settlement with the TPA, please double check to make sure that all your documents have been submitted. Otherwise, it may cause unnecessary delays or even rejection of the claim.

If you are going for planned hospitalization under our health insurance plans for a family, then we would suggest that you get a pre-authorization from our side. This way, when it would come to the stage of settling the hospital bills, you need not pay anything from your pocket.

How can I buy a family medical insurance policy from your company?

At IFFCO Tokio, we offer you a vast range of options to purchase from any of our health insurance plans for a family.

You can buy family health insurance online from our website. We offer a very user-friendly process for you to get a mediclaim policy for your family online. Just log on to our website, fill in some basic details, follow the instructions, make the premium payment, and sit back to enjoy the benefits of our amazing health insurance plans for a family. If you are an existing policyholder, you can easily renew the family health insurance online through our website.

If you are reluctant to buy family health insurance online, you can walk into any of our well-located offices throughout India and purchase the best health plan for your family.

During the course of my treatment, can I change the hospitals?

Yes, under our family health insurance plans, after approval from the TPA, you can change hospitals for want of better treatment. But please ensure that the change is done only if required after due consultation with your doctors, and only if the patient is physically capable of undergoing the stress of shifting.

To avoid unnecessary hassles, we would suggest to you select the best hospital from our network as per your understanding. This way you will not face any issues with claim settlement later on for your family health plan.

What are the situations under which I may be denied cashless hospitalization under your family health insurance plans?

Yes, under certain circumstances, your claim for cashless hospitalization may be denied. So, we suggest that you read them carefully and make sure you do not face such a situation while being covered under the best health plan for your family: -

  • You have not submitted the complete documents.
  • Your contact details registered with us are incomplete.
  • If the illness or medical condition is not covered under the policy.
  • If the hospital where the treatment is being undertaken is not on our network.
  • If the ailment is pre-existing and the waiting period of 4 years is not over.
  • If the request for pre-authorization was delayed.

Even if your cashless treatment request as per the claim on your family health plan is denied, do not worry. You can get the treatment from the hospital, settle the bill from your own funds, get discharged from the hospital and then file for a claim with the TPA or with our concerned department directly. Just make sure that you submit the completed documents in one go so that your claim under a health insurance policy for the family can be reimbursed as soon as possible.

I have a small family and we all are young and healthy individuals. We lead a very healthy lifestyle and have never been to a doctor. Do I still need a family health insurance plan?

Yes, you should definitely get a family mediclaim policy to cover you and your family members against any unforeseen emergency medical conditions. Remember that trouble would never give you any advance warning. The family health mediclaim policy makes sure that you do not end up wiping off all your savings when you or any other family member needs to undergo any major medical procedure. You can also consider our health insurance policy for family as a protection cover against various medical conditions.

I have a life insurance policy, do I still need a family health plan?

Here you are confusing between life insurance and family mediclaim policy. A life insurance is a policy to indemnify you against death of an insured family member, in which the pay-out is to be made only on the maturity of the policy or death if an insured person Whereas under a family mediclaim policy you are reimbursed for any medical expenses, covered under the purview of our health insurance policy for family, which have to be incurred for treatment of a specified illness.

Are diagnostic and investigative tests covered under the family Mediclaim policy?

Yes, various diagnostic tests such as MRI, CT-scan, X-ray, Blood tests, etc. are covered under our health insurance plans for family. But the said diagnostic tests must have been prescribed by a specialist medical practitioner and shall be related to the identification and treatment of the ailment for which the claim has been filed.

Can I buy more than one family health plans?

Yes, you can buy more than one health insurance plan for the family, but in case you or an insured family member must file a claim, then the claim shall be reimbursed by both the respective companies in rateable proportions. For instance, if you have a mediclaim policy for family from Company A for Rs. 1 Lakh and from Company B for Rs. 1 Lakh, then in case of a claim for Rs 1 Lakh, both the companies will pay in the ratio of 50:50 for the sum assured.

Who can help me calculate my family Mediclaim policy premium?

You can use our premium calculator for family mediclaim policy available online to get an accurate estimate of the premium payable by you. You can also contact our customer service department executives who will be more than happy to assist you with the calculation of your policy premium.

What are the situations under which I may be denied cashless hospitalization under your health insurance plans?

There are certain circumstances, when your claim for cashless hospitalization may be denied under your cheapest Mediclaim Policy. Here is why it may happen, read through the following to understand the working behind the denial of your cashless hospitalization claims:

  • Your documents are incomplete and are not what we require;
  • Your contact details registered, do not work or are incomplete as of now;
  • Your medical condition is not covered under our medical policy;
  • The hospital where you are receiving treatment is not under our network;
  • Your illness is of the pre-existing illness type and the stipulated time is not over yet;
  • If the request for pre-authorization was delayed.

Even if your claims are denied, do not worry; you can still try to make a claim for the costs incurred on your end and fill out the claim form duly.

Apart from this, settle the bill on your end and get in touch with us within the stipulated time for making a claim, we will help you out. Other than this, when you run into some problems or are hospitalized, you should get in touch with our customer care straight away to receive immediate help.

During the course of my treatment, can I change the hospitals?

You can easily change your hospitals while undergoing treatment under your mediclaim plan. You are entitled to receive the best care there is and if shifting hospitals helps, then by all means, do so. We will cover your expenses. However, you will need to undergo consultation with your doctor before doing so. To avoid unnecessary issues, choose a hospital that is covered under our network and get speedy help.

How can I buy a medical insurance policy from IFFCO Tokio?

You can get yourself a mediclaim policy from our website. Our online procedure to buy insurance is easy and simple. Log on to our website, fill out your basic details, follow the instructions as mentioned on the website, make the premium payment and sit back to enjoy the benefits of our amazing Mediclaim plans for individuals. You can renew plans online as well without any problems.

If you are not okay with the online processes, walk into one of our branches with all the relevant documents and get your insurance today.

What is the key to a successful claim for health insurance plans for myself, in case of emergency or planned hospitalization?

When you file for a claim under your cheapest Mediclaim policy, including Mediclaim for senior citizens, you need to understand that you will need to organize all of your medical documents and evidences of your medical history. All of these documents must be submitted to your insurance provider, that’s us. We will examine your documents and then process the claim accordingly.

You should keep all your communication details accessible, and only submit those details that are registered under your name and are still functional. When you submit your claim form, make sure to double check and make sure that all your documents have been duly attached. Any discrepancy here will require you to re-submit the missing documents within the next 15 days.

In case of planned hospitalization under your cheapest Mediclaim policy, including Mediclaim for senior citizens, you should state the same during pre-authorization. This will help you save a lot of time and allow us to help you in every way we can.

What are the advantages of sticking to one Insurance company for a long time?

Sticking to only one Mediclaim plan or policy has many benefits. The biggest benefit of sticking to single insurance is security. If you do not miss out on payments of your premiums you will have back up, for your untimely medical bills. Other than this, for long-running plans, including Mediclaim for senior citizens, there are some exclusive benefits that are available only after 48 months elapse.

Other than this, sticking to a single insurance plan allows you to rack up bonus and enjoy some exclusive benefits. Besides, your coverage will increase over time and also you might get some extra discounts for all Mediclaim policies including Mediclaim for senior citizens.

When you stick to only one Mediclaim plan, including Mediclaim for senior citizens, you may get loyalty discounts, and the claim settlement is faster when you have a long-standing track record with the company, as all the waiting period requirements would be satisfied by then.

Does your Health Insurance plan for cover everything from accident, surgery, normal hospitalization?

Health plans from IFFCO Tokio for individuals covers everything, from hospitalization, surgeries, injuries and even day-care procedure for some ailments.

However, you must remember that our policy will allow you an insurance claim only if your treatment is done by a registered medical practitioner.

What is the maximum number of claims allowed over a year?

When you buy a Mediclaim Policy from us, you can make claims under the Mediclaim policy as many times as you want. However, you will not be covered for any costs of medical expenses if your basic sum insured has been exhausted.

How do I get my insurance claim?

When filing for a claim or cover under the cheapest Mediclaim policy, including Mediclaim for senior citizens, you need to remember that you will need to furnish required documents within 30 days. All kinds of relevant documents, papers, certificates and other prescriptions and papers will be required to be duly filed along with the claim form.

However, in case you are in grave condition, you will be given an extension of 15 days besides the above-mentioned stipulated time. But you will be required to submit all of your documents stating the reasons for failure to submit the details within time under the Mediclaim plan including Mediclaim for senior citizens. If we are satisfied with your answers, we will process your claim.

Can I transfer my health insurance plans from one insurance company to another without losing the renewal benefits?

As per the guidelines by IRDA, customers and policyholders of our Mediclaim plans including Mediclaim for senior citizens can easily transfer their insurance plans without losing their bonuses and renewal benefits.

At, IFFCO Tokio we have a large array of Mediclaim plans for everyone (including Mediclaim for senior citizens), out of which you can choose the plan you like.

If my policy is not renewed in time before the expiry date, will I be denied for renewal?

The time period for renewing your insurance policy including Mediclaim for senior citizens with our company is 30 days from the expiry of the policy. We suggest that you make your payment for renewal of your existing Mediclaim plans with us before the date expires. However, for some reason, if you are unable to do so, we implore you to do the same within 30 days of the expiry.

In case of failure to do so, the renewal of your plan including Mediclaim for senior citizens will fail, and you will not be allowed to renew your Mediclaim insurance.

How is a pre-existing condition defined under health insurance policy?

A pre-existing condition refers to any kind of disease or ailment that the insured person has been suffering from, before having bought an insurance policy at our company. The coverage for such diseases under our Mediclaim policy including Mediclaim for senior citizens is offered to you only after 48 months have elapsed since the commencement of your Mediclaim policy with us. But in case you port your policy including Mediclaim for senior citizens, from some other company and have been covered under the same policy for a while, we will consider the coverage for such pre-existing diseases.

Is there any Waiting Period for claims under a health plan?

When you buy an insurance or Mediclaim policy for the first time for yourself or Mediclaim for senior citizens, there is a waiting period of 30 days, starting from the commencement date, after which you can file your first medical claim under the policy. During the initial 30 days, you will not be eligible to file any claims and receive any help from the company. However, once the 30 days are over, you will be able to file claims and get reimbursement.

Policies including Mediclaim for senior citizens that are pending for renewal do not have such waiting period options; the claims are processed as per normal requirements.

What does a Health Insurance policy not cover?

There are certain pre-existing conditions that are not covered by our Mediclaim insurance policies (including Mediclaim policy for senior citizens). You can click here to access the list of exclusions under our policies.

Our plans and policies, including Mediclaim policy for senior citizens, do not cover any kind of optional cosmetic surgeries and treatments. Apart from this, there are certain medical conditions that are only available for cover after a waiting period of 24, 48, etc. months, as the case may be. For more information, please click here or call our customer care centre at 1-800-103-5499.

What are the factors that affect the Family Health Insurance premium?

The premium for your insurance plan depends on a variety of factors including:-

  • Your age.
  • Previous medical History.
  • Existing Medical Conditions.
  • Optional Critical Illness cover.
  • Optional Additional benefits.
  • Claim free years.
  • Your physical health.
  • Your financial history.

At IFFCO Tokio, we aim to provide everyone with a chance to take care of your health, which is why we offer you attractive plans including Mediclaim policy for senior citizens along with affordable premium options.

What are the tax benefits I get if I opt for health insurance?

Investing your money in health insurance is a good method of saving up on tax. Under the section 80D of the Income Tax Act, you get a deduction upto Rs. 30,000 on premiums paid for Mediclaim policy including Mediclaim policy for senior citizens.

Is cashless facility available under Mediclaim Policy for me?

At IFFCO Tokio, we have tie-ups with 4600+ hospitals, medical institutions, nursing homes and medical care providers to offer cashless treatment to the insured person or persons. Our cashless service, including Mediclaim policy for senior citizens, is available for a vast range of ailments, medical conditions, and injuries. All the hospitals that are covered under our network offer you the benefit of the best cashless Mediclaim policy treatment, where the insured person does not need not to pay any money or pay for any charges as charged by the hospital or the medical institution, all expenses are taken care of directly by us. However, these cashless payments by us are also subject to certain limits; we do not pay for expenses exceeding these limits.

We recommend all our clients to obtain a pre-authorization in the cases where the ailment is not life-threatening, including Mediclaim policy for senior citizens, to make sure that their cashless proceedings for such issues are streamlined and taken care of.

What kinds of Family Health Insurance plans are available?

At IFFCO Tokio, we understand that every person needs a different kind of plan to meet their requirements, for them. We make sure that you find the perfect Mediclaim policy to fit your needs. We offer you two broad kinds of individual health insurance plans. One out of these is where you sign the papers and authorize us to take up the full responsibility of your expenses. However, our reimbursement will not exceed the full sum insured to you, in any case. Apart from this, we offer you the option of co-pay insurance plans as well. Here according to the papers you sign, half of the expenses for your medical care are borne by us and the other half of it is borne by you. The rates and the percentages of such expense sharing are predetermined, and is signed by the insured person during the purchase of the insurance.

Get in touch with our customer care department to learn more.

Why is a Health Mediclaim Policy important?

Health insurance is somewhat of a necessity in our modern-day world. With all kinds of pollution and dangerous ailments right around the corner, it is a luxury for most people to find a balance between perfect health and their personal life. With Mediclaim policy and various kinds of plans, you get to relax a bit about your health. The correct Mediclaim plan will allow you to find good quality of medical service and care. Although there are some required procedures to be followed when it comes to finding the treatment that will be covered by your insurance plan, you can rest easy with insurance. The absence of such plans and policies including Mediclaim policy for senior citizens will leave all the costs on your shoulders and may risk your savings totally.

With the perfect mediclaim plans you can get a reimbursement for your costs and other medical expenses once you show the evidence for the same.

What kinds are Health Insurance policies offered by IFFCO-Tokio?

At IFFCO Tokio, we understand the value of good health and well-being for a person. And this is why we offer you two kinds of health insurance, one for your family and the other for you personally. Any of these insurance plans including Mediclaim Policy for senior citizens can be chosen and used as per your requirement. However, make sure that you comply with all of our needs and requirements from you.

What is Health Insurance?

A health insurance policy, including Mediclaim policy for senior citizens, is a binding and enforceable contract between IFFCO Tokio and yourself. We agree to indemnify you for any hospitalization expenses incurred while you are under the coverage of insurance policy and your Mediclaim will be processed as per our rules and regulations when you furnish all the required documents. Our insurance policy covers all hospitalization and other related costs to your medical treatment.

What do you mean by Individual Health Policy?

Individual health policy is a coverage that the insured person purchases on their own to maintain their health and take care of medical care whenever required by the insured person. A medical insurance premium is required to be paid before claiming your cover.

Other than this, every company has a certain number of days, for which the company does not provide a cover for. Our company does not offer you a medical cover for the claims raised in the first 30 days immediately after purchase.

What is waiting period?

Waiting period refers to the number of days for which a health insurance plan does not provide any coverage to the insured, other than for emergency cases like accident.

Does this health insurance plan cover maternity expenses?

No. Expenses related to or arising out of pregnancy, (except ectopic pregnancy) are not covered under this plan.

How many family members does this plan cover?

The Swasthya Kavach Policy covers the proposer, spouse and 3 dependents. (children, sibling, nephew and niece in the age group of 3 months-23 years)

What do you mean by sub-limit?

Sub-limit is an additional limit that is applied on various aspects of a health insurance claim.

Can this insurance policy be cancelled by IFFCO Tokio?

IFFCO Tokio will not cancel your insurance policy, unless it is a case of misrepresentation, concealment of material fact or fraudulent act of insured.

What are add-on covers?

Add-on covers are additional covers that come alongside a standard health insurance policy and can be purchased by the buyer on payment of extra premium.

What is domiciliary hospitalization?

Domiciliary hospitalization refers to the medical treatment that an individual receives at home, which should have otherwise been treated in a hospital but was not due to specific reasons.

What are few things to know before buying the Policy?

Insurance cover under the Individual Medishield Policy can be availed by any person who is primarily a resident of India as the coverage is available for treatment in India only. Coverage under the health insurance policy is available for persons as young as 3 months and up to 60 years of age. Children between the age of 3 months and 5 years can be covered only if both parents are covered under the health insurance concurrently.

The health policy requires no medical check-up up to the age of 60 years. For those older than 60 years, a pre-acceptance medical test is required to be done for fresh or/and break coverage. The medical tests will check blood sugar, urine, and ECG and will not be needed if there is no break in renewal of health insurance.

Individual Medishield Policy also has a provision for Family Package cover. This cover will include spouse, dependent children, and dependent parents. There will be a discount on premium if the Family Package cover is availed. The dependent children are defined as unmarried children under the age of 23 years.

The hospitalization shall take place in a defined institute for a minimum of 24 hours. This time period is not liable for the 121 listed daycare surgeries, where claims would be considered for shorter duration also.

What are some of the key benefits of buying Individual Medishield Policy?

  • The pre-existing disease exclusion period is for three years.
  • A large number of network hospitals across the country where cashless claim settlement facility is available.
  • 24x7 helpline for any support relating to claims.
  • Portability for those who want to switch plan from another insurer’s health insurance policy.
  • For those undertaking domestic travel, unique medical and personal assistance service is available at no extra cost.
  • Emergency assistance services in cases of accidents.
  • Unique add-on covers available through the Critical Illness Extension under this Policy.
  • Unique emergency medical and personal assistance is available for all insured persons undertaking domestic travel.

What is an individual personal accident policy?

An individual personal accident policy offers you financial protection and provides lump sum compensation in case you suffer from a fatal accident or an accident that leaves you permanently disabled. This compensation acts as a safety net and saves you and your family from a financial crunch as it also covers costs for hospitalization because of an accident.

I am a homemaker and I spend a majority of my time at home. Do I also need an individual personal accident policy?

Accidents cannot really be predicted and can happen to anyone. From motor accidents and rail accidents to natural calamities, the list is truly endless. It might seem scary to think of such eventualities, but you cannot let them intimidate you. Be financially prepared and opt for an individual personal accident insurance that can help you meet the expenses in case any crises were to arise in your life.

I have already bought a health and life insurance cover. Why should I also buy an individual personal accident policy?

While a life insurance offers death benefits to your nominees and beneficiaries in the case of your death, health insurance provides compensation or reimbursement for your hospitalization and other medical expenses. An individual personal accident policy, on the other hand, will insure you against financial risks that may arise due to the permanent total disability or death of the policy holder in an accident. The policy strengthens your financial portfolio and helps secure the future of your dependent family members.

Does the policy cover hospitalization expenses incurred after an accident?

 Yes. You have the option to avail this benefit.

I have a dependent family to support and I am the only bread winner. Does the individual personal accident policy cover death?

Yes. You need to mention the names of your nominees or beneficiaries in the policy document and in case of your death, the sum insured will be paid to them by the insurance company.

I am a homemaker and I spend a majority of my time at home. Do I also need an individual personal accident policy?

Accidents cannot really be predicted and can happen to anyone. From motor accidents and rail accidents to natural calamities, the list is truly endless. It might seem scary to think of such eventualities, but you cannot let them intimidate you. Be financially prepared and opt for an individual personal accident insurance that can help you meet the expenses in case any crises were to arise in your life.