What compensation is provided under the Individual Personal Accident Policy?

Under the Individual Personal Accident Policy:

If the accident results in death, the full Capital Sum Insured must be paid to the Insured’s beneficiaries.


In the accident results in permanent disablement that involves the total loss of both eyes or two limbs or one eye and one limb, the full Capital Sum Insured is payable.


In case the accident results in loss of one eye and one limb, then only 50 percent of the Capital Sum Insured will be paid.


In case the accident results in partial disablement of certain parts of the insured’s body, only a specified percentage of the Capital Sum Insured will be paid.


In case there is disablement excluding injuries that are not visible or verifiable through medical tests like sprains, muscular spasms, etc ALL the benefits listed above have to be paid PLUS 1 percent of the Capital Sum Insured subject to a maximum of Rs.3000 per week over the Capital Sum Insured. However the total period of compensation will not exceed 104 weeks or 2 years approximately. Avdhoot Investment