No matter how careful we are, there's no predicting when one will end up with a broken bone. You don't necessarily have to be a sportsperson to have bone injuries, common people trip & fall all the time & sometimes end up with fractures too. Fracture cover is a pocket-size insurance that provides a lump sum benefit depending on the body part fractured and nature of fracture. This fracture treatment insurance also provides for income loss in case of permanent partial disablement besides providing a fracture cover.
The insured gets a Sum Insured of Rs. 50,000 in case of Permanent Partial Disability due to an accident and an additional amount of Rs. 50,000 in case of a fracture.
The insured gets a Sum Insured of Rs. 50,000 in case of Permanent Partial Disability due to an accident, an additional amount of Rs. 50,000 in case of a fracture and income replacement (in case of income loss due to disability) of Rs. 1000/week.
Filing claims was never so simple. Just follow these steps and you’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.
Link to redirect customers to links category.
Need further assistance? Reach out on the Toll-Free Number: 1800-209-5858 to connect with an insurance expert.
3 reviews
With the super-fast buying process on Finserv MARKETS, getting the Avid Adventure Cover was so simple! I could plan my treks and sports activities without worrying about the unwanted expenses of injuries. Big relief!
Posted on 20 Jan 20
Along with a simple buying process, the customer service is very good. The executive explained the entire process and helped me understand the plan.
Posted on 06 Mar 20
I was looking for an affordable and pocket-friendly product that would cover fractures. This is when I came across the Fracture cover. With affordable rates and a quick buying journey, it was the plan that fit my need perfectly.
Posted on 16 Feb 20