Accident EMI Protection Plan – Two EMIs

Accidents or medical emergencies can happen anytime, disrupting your monthly instalments. Treatment often involves significant expenses and can put a huge dent on your finances.

In this regard, to circumvent your financial stress, you can opt for an accident protection plan that will allow you to pay up to two EMIs during your disability or injury in an accident. The plan comes at a nominal premium starting at Rs. 29 for yearly coverage. With the help of such covers, you can mitigate the adverse effects on your financial stability due to disablements.

To choose an accident protection plan, you need to meet the following eligibility criteria listed below:

• Applicants must be an Indian resident

• One must fall within the age bracket of 18-65 years

• Income substitution

Suppose you encounter an accident which results in disability or injury and are not in a physical condition to work for at least a month; in that case, this plan will offer coverage of up to 2 EMIs payable by you.

• Advantage of cash

Under this plan, you can claim a portion of the cash in proportion to the EMI payable to the existing insurance-linked loan account.

The table below gives you details and specifications about the accident protection policy:

Plan validity: 1 year

This policy will not offer coverage for the following circumstances:

• Any kind of pre-existing disease is not covered under this accident protection plan.

• An accident due to adventure sports is not covered as per policy specifications.

To raise a claim against the accident protection insurance policy, you can select any of the following methods:

• To contact the insurer, dial 1800-102-4462.

• For any queries, you can send an email at servicesupport@manipalcigna.com by mentioning your policy number and other essential details.

If you have questions or doubts regarding the policy, feel free to reach out to us at insuranceconnect@bajajfinservmarkets.in.