Buy the Accident Loss of Earning Benefit Cover at just Rs. 244/year

What is the Accident Loss of Earning Benefit Cover?

Accidents can be caused due to an unforeseen situation which can not only result in disability or hospitalisation, but also impact your primary income source.

In order to provide you with financial support in such an unfortunate situation, Bajaj Markets brings to you the FlexiCare Group Insurance policy – Accident Loss of Earning Benefit Cover from Manipal Cigna Health Insurance. It offers coverage up to an amount of Rs. 50,000/month at a premium of just Rs. 244/year, if you meet with an accident resulting in hospitalisation, coma, or a disablement.

 

How to Apply for the Accident Loss of Earning Benefit Cover

The application process for this plan is simple and straightforward. Here’s how you can get started:

  • Click on ‘Buy Now’

    Select the ‘Buy Now’ button

  • Fill in your details

    Add your required details

  • Make the payment

    Choose payment method as per your convenience

After this, you will receive your membership details and welcome pack on your registered email ID.

 

Eligibility Criteria

To opt for the Accident Loss of Earning Benefit Cover plan, you need to meet the basic eligibility parameters listed below:

  • Applicants must be an Indian resident.
  • Applicant’s age should be between 18 and 65 years.

 

What's Covered Under the Accident Loss of Earning Benefit Cover

  • Benefit of Monthly Cash

    If the insured person meets with an accident which results in an illness or a major injury, during the policy year because of an even that has been mentioned under the policy and that injury results in hospitalisation, total or partial permanent disablement or even a coma, then they shall receive an insured sum of up to Rs. 50,000. Also note that this will be applicable if these unforeseen circumstances result in the policyholder’s incapability of being able to engage in their primary occupation leading to the loss of the primary income source. This claim amount shall be paid according to the limit that has been mentioned in the schedule of the policy or the certificate of insurance. Note that you can claim the insured amount once in a policy year. Also, the payout is capped at the Actual Salary according to the date of event.

Policy Plan Details & Specifications

Here are the major plan details and specifications:

Sum Insured

Sum Insured

₹50,000

₹244

 

 

What’s Not Covered under the Accident Loss of Earning Benefit Cover

Here’s what’s not covered under the Accident Loss of Earning Benefit Cover policy:

  • Hospitalisation that lasts less than forty eight hours will not be considered.

  • You cannot enjoy this benefit if you’re not a salaried employee.

 

How to Make a Claim

You can contact the insurer to raise a claim in any of the ways indicated below:

  • Email ID: servicesupport@manipalcigna.com
  • Toll-free phone number: 1800-102-4462

 

Frequently Asked Questions

  • ✔️How much does the Accident Loss of Earning Benefit Cover cost?

    This insurance plan costs Rs. 244 per year covering up to an amount of Rs. 50,000 and is valid for a period of one year. 

     

  • ✔️Can my membership be cancelled anytime?

    Yes, your membership can be cancelled any time as per your wish. You can call our 24-hour helpline for assistance or send us an email. In case you wish to cancel within 30 days from the date of commencement of your membership, you will receive a full refund of your payment. However, note that it is only applicable if you haven’t made any claim.

     

  • ✔️What’s the eligibility criteria for the Accident Loss of Earning Benefit Cover?

    Indian residents between the ages of 18 and 65 are eligible for this policy plan. 

     

  • ✔️What’s the claim process for the Accident Loss of Earning Benefit Cover?

    You can raise a claim by contacting the insurer by writing to them at servicesupport@manipalcigna.com or calling them on their toll-free phone number- 1800-102-4462.