Ippb - group accident insurance policy for 399 covers 10L

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https://www.ippbonline.com/web/ippb/tata-aig-gr...

Products Features/Covers -

GAG Insurance Premium Option

Accidental Death

1000000

Permanent Total Disability

1000000

Permanent Partial Disability

1000000

Accidental Dismemberment and Paralysis

1000000

Accidental Medical Expenses IPD

Fixed upto Rs 60,000 or actual claims whichever is lower

Accidental Medical Expenses OPD

Fixed upto Rs 30,000 or actual claims whichever is lower

Education Benefit

10% of SI or Rs 100000 or Actual whichever is lower for maximum 2 eligible children

In-Hospital Daily Cash

Rs 1000 per day upto 10days (1day deducible)

Family Transportation Benefits

Rs 25000 or actuals whichever is lower

Last Rites Benefit

Rs 5000 or actuals whichever is lower

Post Tax Premium

399

GAG Insurance Basic Option

Accidental Death

1000000

Permanent Total Disability

1000000

Permanent Partial Disability

1000000

Accidental Dismemberment and Paralysis

1000000

Accidental Medical Expenses IPD

Fixed upto Rs 60,000 or actual claims whichever is lower

Accidental Medical Expenses OPD

Fixed upto Rs 30,000 or actual claims whichever is lower

Post Tax Premium

299

I came across this policy. Just wanted to know anyone obtained such policy? Is it good? What are pros and cons that you see in this?

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Deal Subedar Deal Subedar
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This policy will be triggered only in case of accidents and that too major injury like disability, death. No use unless you travel thousands of kms yearly on highways....
Brand Enthusiast Brand Enthusiast
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Ok, but natural death not covered?

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Deal Subedar Deal Subedar
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One more

IPPB - Group personal accident insurance policy from Bajaj Allianz general insurance company

https://www.ippbonline.com/web/ippb/group-perso...
Hunk Hunk
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Natural death also covered.. I will also update the list of exclusion later..
Brand Enthusiast Brand Enthusiast
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Sure waiting for your update
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Commentator Commentator
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Good for those who don't have any accident policy or want to delay taking individual accident policy. These don't cover natural death.
Wingman Wingman
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The post office guys seats in near railway station for this policy.
Tech Guru Tech Guru
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Gotta check 

replyuser
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