IPPB Group Accident Guard Policy (GAG)I IPPB Tata AIG Group Accident Guard Policy :IPPB Group Accident Gaurd Policy (GAG)I IPPB Tata AIG Group Accident Gaurd Policy A new Group Accident Guard Policy product (General insurance) is launched & enabled in IPPB micro atm from 16th June 2022 This is a verygood insurance scheme provided to all IPPB customers. Insurance cover of Rs 10 lakh at just {399 including tax. Plus lot of additional benefits. Please go thorough the above pamplet & video once for login procedure. Requesting all micro atm end-users to kindly publicize this product & do atleast 1 policy & get activated.
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| IPPB Group Accident Gaurd Policy (GAG) I IPPB Tata AIG Group Accident Gaurd Policy |
What’s a Group Accident Insurance or Group Accident Guard?
Group accident insurance pays for accident related hospitalization expenses for a large group of people. It helps you to make a preparation in advance for unexpected accident related events. It gives you an advantage to avail the best accident related hospitalization treatment at top hospitals without any financial burden.
Why Do You Need Group Accident Insurance or Group Accident Guard?
Accidents are unplanned & can happen with anyone. In extreme cases, when a person dies due to an accident, his family receives a compensation amount by the group accident insurance policy. In case of a permanent disability & paralysis, that person also receives compensation to carry out the education expenses of one of his eligible children. It’s a great insurance plan to take care of accident related emergencies in advance.
What’s Covered in Group Accident Insurance or Group Accident Guard?
1. Accidental Death: If you die because of an accident within 1 year of the date of accident, you get covered. The cover limit is up to 100% of the SI amount.
2. Accidental Paralysis or Mutilation: If your body part or parts get paralysed or you lose a body part as a result of mutilation due to an accident within 1 year of the date of accident, you will be covered for the same.
3. Children’s education: In case of your death due to an accident or your loss of ability to earn due to disability from an accident, you will receive the entire SI amount for one of your eligible children studying full time.
4. Permanent Disability: If you get permanently disabled due to an accident within 1 year of the date of accident, you will be covered for the same. The cover limit is up to 100% of the SI amount.
5. Accidental Hospital Expenses: You get covered for any accident related hospitalization expenses, provided you are hospitalized for more than a day.
6. Daily Hospi-Cash: You get a daily fixed cash amount in case you’re hospitalized for more than a day. There’s a limit to this amount & the number of days for which you’ll be paid the same.
7. Transportation Benefits: In case an immediate member of your family has to travel for a distance which is more than 150 km to meet the hospitalized insured person, the insurance company takes care of the expenses.
8. Partial Disability: If you get partially disabled due to an accident within 1 year of the date of accident, you will be covered for the same. The cover limit is determined as per the percentage stated in the policy document.
9. OPD Cover: In case the patient has to travel to a diagnostic centre or any other place for further treatment based on his medical practitioner’s advice, such expenses are covered.
10. Funeral Expenses: If the insurance company has accepted the policyholder’s claim under the feature of Accidental Death benefit, then the insurer will provide an additional fixed amount for the deceased person’s funeral expenses.
IPPB Group Accident Guard Policy (GAG)I IPPB Tata AIG Group Accident Guard Policy
Key Features of IPPB TATA AIG Group Accident Guard Policy:
- Accidental Death Coverage of Rs.10,00,000
- Permanent Total Disability Coverage of Rs.10,00,000
- Permanent Partial Disability Coverage of Rs.10,00,000
- Accidental Dismembernment and ParalysiS Coverage of Rs.10,00,000
- Accidental Medical Expenses IPD Fixed upto Rs.60,000 or actual claims, whichever is lower
- Post Tax Premium Rs.399
- Accidental Death Coverage of Rs.10,00,000/-
- Permanent Total Disability Coverage of Rs.10,00,000/-
- Permanent Partial Disability Coverage of Rs.10,00,000/-
- Post Tax Premium Rs.399
- Accidental Medical Expenses OPD
- Fixed up to Rs.30,000/- or actual claims, whichever is lower
- Education Benefit
- 10% of SI or Rs.1,00,000/- or actual, whichever is lower for maximum 2 eligible Children
- In-Hospital Daily Cash
- Rs.1,000 per day up to 10 days (1 day deductible)
- Family Transportation
- Benefits 25,000/- or actual, whichever is lower
- Last Rites Benefit 5,000/- or actual, whichever is lower
- Accidental Dismemberment and Paralysis Coverage of Rs.10,00,000/-
- Accidental Medical Expenses IPD Fixed upto Rs.60,000/- or actual claims, whichever is lower
- Accidental Medical Expenses OPD Fixed up to Rs.30,000/- or actual claims, whichever is lower
- IPPB Group Accident Gaurd Policy (GAG) Official Notification:Download Here
- Our Website Home Page:Click Here
People also ask & FAQ :
| Insurance | Plan Name | Coverage amount |
|---|---|---|
| Bajaj Allianz General Insurance | Personal Accidental Plan | Rs. 10-25 lakh |
| HDFC Ergo General Insurance | Personal Accident Plan | Rs. 2.5-15 lakh |
| Niva Bupa Health Insurance | Accidental Plan | Rs. 5-25 lakh |
| Care Health Insurance | Personal Accident Plan | Rs. 15 lakh- 25 crore |
3. Is group personal accident insurance mandatory?
4. How is group personal accident premium calculated?
IPPB Group Accident Gaurd Policy Related Other Policy available :
- Group accident guard policy ippb | tata aig group accident guard policy download | tata group accident guard policy download | tata aig accident guard policy renewal | tata aig accident guard premium chart
- tata aig accident guard plus policy wording | accident guard plus policy tata aig | ippb general insurance
