Get insured as per your current need
Children love playing and keep getting hurt every now & then. It is hence understandable that you worry about their safety. While you can’t help your child from getting injured during accidents, you can be prepared to deal with the financial impact of an injury by having a Child Personal Accident insurance in place.
In case your child is involved in an accident which results in his Permanent Partial Disability, you get a sum insured of up to Rs. 1 Lakh that can help you deal with your child’s medical expenses.
If your child has been involved in a personal accident and ended up with a fracture, then this child personal accident insurance also provides a sum insured of up to R s. 1 Lakh to help pay for your child’s health care treatment costs.
Filing claims was never so easy. Just follow these steps and your're done.
If you meet with any Accidental Bodily Injury that may result in a claim, then as a condition precedent to our liability:
a. You or someone claiming on your behalf must inform us in writing immediately and in any event within 30 days from the date of the accident and submit all documents to us within 30 days from the date of intimation.
b. You must immediately consult a Doctor and follow the advice and treatment that he recommends.
c. You must take reasonable steps to lessen the consequence of Bodily injury.
d. You should allow examination by our medical advisors if we ask for this.
e. You or someone claiming on your behalf must promptly give us documentation and other information we ask for to investigate the claim or our obligation to make payment for it.
f. In case of your death, someone claiming on your behalf must inform us in writing immediately and send us a copy of the post mortem report (if conducted) within 30 days.
*Note: Waiver of conditions (a) and (f) may be considered in extreme cases of hardship where it is proved to Our satisfaction that under the circumstances in which the Insured Person was placed, it was not possible for the Insured Person or any other person claiming on his/her behalf to give notice or file claim within the prescribed time limit.
Period in Risk |
Premium Refund |
||
Policy Period 1 Year |
Policy Period 2 Year |
Policy Period 3 Year |
|
Within 15 Days |
Pro-Rate Refund |
||
Exceeding 15 days but less than 2 months |
75.00% |
80.00% |
85.00% |
Exceeding 2 months but less than 4 months |
60.00% |
75.00% |
80.00% |
Exceeding 4 months but less than 6 months |
45.00% |
65.00% |
75.00% |
Exceeding 6 months but less than 8 months |
30.00% |
60.00% |
70.00% |
Exceeding 8 months but less than 10 months |
15.00% |
50.00% |
65.00% |
Exceeding 10 months but less than 12 months |
0.00% |
45.00% |
60.00% |
Exceeding 12 months but less than 14 months |
|
35.00% |
55.00% |
Exceeding 14 months but less than 16 months |
|
30.00% |
50.00% |
Exceeding 16 months but less than 18 months |
|
20.00% |
45.00% |
Exceeding 18 months but less than 20 months |
|
15.00% |
40.00% |
Exceeding 20 months but less than 22 months |
|
5.00% |
35.00% |
Exceeding 22 months but less than 24 months |
|
0.00% |
30.00% |
Exceeding 24 months but less than 26 months |
|
|
25.00% |
Exceeding 26 months but less than 28 months |
|
|
20.00% |
Exceeding 28 months but less than 30 months |
|
|
15.00% |
Exceeding 30 months but less than 32 months |
|
|
10.00% |
Exceeding 32 months but less than 34 months |
|
|
5.00% |
Exceeding 34 months but less than 36 months |
|
|
0.00% |
However, if any claim has been made then no refund will be given for cancellation of policy.
Need further assistance? Reach out on the Toll-Free Number: 1800-209-5858 to connect with an insurance expert.
3 reviews
I got the child personal accident cover when my child starting going to school. With his constant pranks, he kept tripping and hurting himself. With the child personal accident cover in place, my child's fracture treatment costs were taken care of. Thank you Finserv MARKETS.
Posted on 02 Apr 20
When my child was born, I wanted complete financial protection for her. Along with other investments, I bought the child personal accident cover to ensure that her injury treatments are covered. With Finserv MARKETS, the process was very quick and took just a few minutes to buy the product.
Posted on 28 Feb 20
When my son got injuried while playing, The child personal accident cover was a big help. The claim process was so easy and quick that the entire process of treatment was carried out smoothly.
Posted on 23 Jan 20