Lump-sum coverage| Effortless Claim Procedure|Accidental Death Insurance Coverage upto ₹3 Lakhs starting @₹214

What is an Accidental Death Insurance Policy?

An accidental death leaves a severe financial impact on the dependent members. Moreover, if the individual was the sole bread earner, it becomes difficult for the family members to recover from the shock of a sudden loss of income. But, individuals can ensure their families' financial security by purchasing the Accidental Death insurance plan starting at just Rs. 214. As a policy benefit, nominees get the sum insured if the insured individual passes away due to an accident.

Key Features and Benefits of Accidental Death Insurance

Let’s first know about the benefits you can obtain from this insurance policy:

Affordable Fee

Customers can easily purchase this policy because of its low fee, starting from Rs. 214. Thus, one can easily manage to secure the financial standing of the dependent members in case of an unfortunate incident.

Lump-Sum Coverage

Nominees get a lump sum amount as death benefit if you were to die in an accident, unfortunately. As a result, family members will be able to comfortably meet their expenses even after the demise of the insured individual.

Effortless Claim Procedure

Nominees can claim the death benefits of this plan by contacting the insurer's customer care support. A dedicated team is readily available to assist them thoroughly regarding the claiming procedure.

Now that you know the key features, consider knowing the application procedure of this accidental death insurance policy.

How to Apply for Accidental Death Insurance Policy?

Follow these below-mentioned steps to purchase this policy:

  • Click to Buy

    Click on ‘Buy Now’ on the product page

  • Fill in Your Details

    Enter the required details

  • Make Your Payment

    Complete your purchase by making an online premium payment

This way, you can easily purchase this plan from our website. The details will be sent on your registered email id.

Eligibility Criteria & Documents Required for Accidental Death Insurance

Before applying for this plan, you should also be aware of the eligibility criteria and documents you need to keep handy.

 

  • Eligibility Requirements:

You need to meet these eligibility parameters to purchase this policy:

 

  • Age: 18-65 years

  • Citizenship: Indian

  • Required Documents

You need to stay prepared with the following documents to apply for the Accidental Death Policy:

 

  • Age proof (PAN card, birth certificate, driving licence, passport, Voter card etc.)

  • Address proof (Electricity bill, telephone bill, ration card, bank account statement etc.)

  • Income proof (Salary slip)

  • Passport size photographs

  • Duly filled application form

 

Also Read: Cancer Indemnity Cover

 

Policy Plan Details of Accidental Death Cover Policy

What’s Covered under the Accidental Death Insurance Policy?

The Accidental Death Cover insurance policy will provide the sum insured after the accidental demise of the insured person.

Here are all the details that you need to know about this policy:

 

Fees

Sum Insured

Validity Period

Rs. 214

Rs. 1 Lakh

1 year

Rs. 404

Rs. 2 Lakhs

1 year

Rs. 594

Rs. 3 Lakhs

1 year

This way, the amount of sum insured changes according to the premium. Therefore, choose a plan according to the amount that you wish to pay.

Accidental Death Insurance Policy Exclusions

Apart from knowing this plan's benefits and coverage, you must know what it does not include, so your claim is not rejected. Here are the exclusions of this plan:

 

  • This policy does not cover the death caused due to any pre-existing diseases.

  • The policy benefits get terminated after claiming it once.

How to Make an Accidental Death Insurance Claim?

You need to contact the policy provider through its customer care number or email ID to claim coverage. You will get prompt responses from the customer care team once they get your request.

 

Documents Required for Processing an Accidental Death Insurance Claim

You need to submit the following documents for claiming the death benefit:

 

  • Death certificate of the insured individual

  • Original FIR

  • Post mortem report

  • Policy papers

  • ID proof of the individual

Accidental Death Cover Customer Care Details

You can connect with us at Bajaj MARKETS by writing to us at: insuranceconnect@bajajfinservmarkets.in

 

Also Read: Domestic Travel Insurance- Accidental Hospitalization & Emergency Evacuation

Accidental Death Insurance FAQs

  • ✔️Who will get the policy benefit after the insured individuals die in an accident?

    The nominee of the insured individuals will get coverage of this Accidental Death Cover if the person dies due to an accident. 

  • ✔️Can I get any reimbursement for permanent or total disability due to an accident under this Accidental Death Cover?

    No, Accidental Death Cover does not provide coverage for a personal or temporary disability caused due to an accident. 

  • ✔️What happens if the validity period of Personal Death Cover is over?

    Individuals need to apply for the policy again after the validity terminates or after the policy benefits have been claimed. It will extend the benefits under this plan for one more year. 

  • ✔️What are the different payment modes for buying this Accidental Death Cover?

    You can complete buying this Accident Death Cover by paying the fee through credit/debit card and mobile wallets.

  • ✔️Can I increase the validity period of the Accidental Death Cover?

    No, it comes with a fixed validity period of 365 days. After its expiry, you have to buy the policy again to get all its benefits.