Ippb - group accident insurance policy for 399 covers 10L

108°
Deal Subedar
playdime

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?

Expiring In 16 days
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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....
Deal Subedar Deal Subedar
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myfungang829 wrote:
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....

Ok, but natural death not covered?

Hunk Hunk
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Natural death also covered.. I will also update the list of exclusion later..
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.
Deal Subedar Deal Subedar
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VimAl_Raj wrote:
Natural death also covered.. I will also update the list of exclusion later..
Sure waiting for your update
Benevolent Benevolent
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VimAl_Raj wrote:
Natural death also covered.. I will also update the list of exclusion later..


Q. What is an accident?

A. Any unforeseen/unfortunate event that happens unexpectedly and unintentionally typically which results in damage and injury.

Q. What is not covered in the product/exclusions?
1. Accidental Bodily Injury that the Insured Person(s) meet with
a) Through suicide, attempted suicide or self-inflicted injury or illness.
b) While under the influence of liquor or drugs.
c) Arising or resulting from the insured person (s) committing any breach of law with criminal intent
d) Whilst engaging in aviation or ballooning, whilst mounting into, dismounting from or traveling in any duly licenses standard type of aircraft other than as a passenger (fare paying or otherwise) in any duly licensed standard type of aircraft anywhere in the world.
e) Whilst participating as the driver, co-driver or passenger of a motor vehicle during motor racing or trail runs.
f) As a result of any curative treatments or interventions that the Insured Person(s) carry out or have carried out on his/her body.
g) Arising out of the participation of the Insured Person(s) in any naval, military or air force operations whether in the form of military exercises or war games or actual engagement with the enemy, whether foreign or domestic.
2. The Insured Person(s) ‘consequential losses of any kind or their actual or alleged legal liability.
3. Venereal or Sexually transmitted diseases
4. HIV (Human Immunodeficiency Virus) and/or any HIV related illness including. AIDS (Acquired Immune Deficiency Syndrome) and/or mutant derivatives or variations thereof however caused.
5. Pregnancy, resulting childbirth, miscarriage, abortion, or complications arising out of any of these.
6. War (whether declared or not), civil war, invasion, act of foreign enemies, rebellion, revolution, insurrection, mutiny, military or usurped power, seizure, capture, arrest, restraint or detainment, confiscation or nationalisation or requisition of or damage by or under the order of any government or public local authority.
7. Nuclear energy, radiation.

@playdime don't think normal death is covered with this
Deal Subedar Deal Subedar
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Ash-D wrote:


Q. What is an accident?

A. Any unforeseen/unfortunate event that happens unexpectedly and unintentionally typically which results in damage and injury.

Q. What is not covered in the product/exclusions?
1. Accidental Bodily Injury that the Insured Person(s) meet with
a) Through suicide, attempted suicide or self-inflicted injury or illness.
b) While under the influence of liquor or drugs.
c) Arising or resulting from the insured person (s) committing any breach of law with criminal intent
d) Whilst engaging in aviation or ballooning, whilst mounting into, dismounting from or traveling in any duly licenses standard type of aircraft other than as a passenger (fare paying or otherwise) in any duly licensed standard type of aircraft anywhere in the world.
e) Whilst participating as the driver, co-driver or passenger of a motor vehicle during motor racing or trail runs.
f) As a result of any curative treatments or interventions that the Insured Person(s) carry out or have carried out on his/her body.
g) Arising out of the participation of the Insured Person(s) in any naval, military or air force operations whether in the form of military exercises or war games or actual engagement with the enemy, whether foreign or domestic.
2. The Insured Person(s) ‘consequential losses of any kind or their actual or alleged legal liability.
3. Venereal or Sexually transmitted diseases
4. HIV (Human Immunodeficiency Virus) and/or any HIV related illness including. AIDS (Acquired Immune Deficiency Syndrome) and/or mutant derivatives or variations thereof however caused.
5. Pregnancy, resulting childbirth, miscarriage, abortion, or complications arising out of any of these.
6. War (whether declared or not), civil war, invasion, act of foreign enemies, rebellion, revolution, insurrection, mutiny, military or usurped power, seizure, capture, arrest, restraint or detainment, confiscation or nationalisation or requisition of or damage by or under the order of any government or public local authority.
7. Nuclear energy, radiation.

@playdime don't think normal death is covered with this
Thanks. May be @VimAl_Raj is taking about another policy(?) With all these features that includes natural death.
Wingman Wingman
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The post office guys seats in near railway station for this policy.
Hunk Hunk
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Gotta check 

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