India witnessed 4,37,396 road accidents in 2019, out of which 4,39, 262 people sustained injuries. Although survival after an accident may bring some relief to your loved ones, you may still be unable to perform day-to-day tasks and resume your work leading to loss of income. The financial burden may be exacerbated further if you have to pay EMIs taken by you before the accident.

This is where the  Accident-EMI Protection-Single EMI available on Finserv MARKETS offered by them in partnership with ManipalCigna Health Insurance Company comes to your rescue. This  Accident-EMI Protection-Single EMI Policy provides you with a single EMI accident insurance by helping you to contribute to your existing loan account, as you recover from your injuries.

Scheme Details:








Sum Insured (Rs.)






Premium incl. GST (Rs.)






Features & Benefits

  • High Coverage Amount

    This affordable backpacker insurance offers a high coverage amount. You pay only Rs 699 for 10 days and ensure coverage of up to Rs 1,50,000 for hotel and travel costs in the event that you lose your cash and cards.

  • Multiple Payment Options

    For the adventurer in you who is constantly on the go, we provide a number of payment options. You can buy this backpacker insurance by transferring the amount online, through UPI, mobile wallets and debit and credit cards.

  • Temporary Mobile Replacement

    If your smartphone is stolen during your trip, the cover provides a temporary one for seven days. You simply have to call the helpline number and the phone will be delivered to you.

What’s Covered?

Under this policy the insured person is covered for the benefit in which due to an accident situation, when he/she cannot continue to perform each and every duty that pertains to employment or engaging in occupation. We will contribute towards the Equated Monthly Instalment (EMI) of his/her existing insurance linked loan account up to the limit specified under Sum Insured Opted.


What’s Not Covered?

Sports injuries: If you suffer from an accident due to involvement in adventure sports activities, no coverage will be given. 

How to Apply

  • Visit Finserv MARKETS

    Visit our website and go to the Pocket Insurance and VAS products page

  • Select Product

    Choose Accident-EMI Protection-Single EMI Plan from the wide array of products

  • Fill Details

    Fill in your details like name and phone number in the online form.

  • Make your payment

    Pay for your insurance using your preferred mode whether UPI, mobile wallets or debit and credit card.

Claim Process

Filing a claim for a Single EMI accident insurance is simple.

  • Call the toll-free number 1800-102-4462 and talk to a ManipalCigna Health Insurance Company customer executive about how to file a claim if you are doing so for the first time.
  • You can also send a mail to servicesupport@manipalcigna.com and enquire about the claim filing process.

Manage your queries here

  • ✔️What is the premium payable for covering an EMI of Rs 50,000?

    You need to pay just Rs 59 for the Accidental EMI Protection plan in this case

  • ✔️Can I also insure an EMI as less as Rs. 5000 or Rs. 10,000 with this plan?

    Yes, you just need to pay Rs.24 and Rs. 29 respectively per year.

  • ✔️I have purchased a car on loan and would like to buy this plan. My EMI would range somewhere between Rs. 20,000 to Rs. 25,000. Please advise which plan will suit me?

    The plan has two cover options for EMI of Rs. 20,000( Premium- Rs. 39) and Rs. 25,000( Premium- Rs.44)

  • ✔️Does this Accidental EMI protection plan also cover disability?

    Yes, you are provided financial protection against disability as per policy guidelines

  • ✔️My home loan is between Rs. 25,000 to Rs 50,000 per month. Can I buy this plan?

    The policy does not offer a sum insured for an EMI amount in this range currently.