Buy Personal Accident Cover (18-55) years at just Rs 423/year

What is Personal Accident Cover (18-55 years)?

An accident can lead to psychological as well as financial stress. This goes for both, the individual who suffers from the accident, as well as their family. To prevent the financial loss that comes with such unforeseen situations, you can avail the Personal Accident Cover (18-55 years), a plan offered by Bajaj Finserv that aims to keep you safe and financially secure.

At a premium of just Rs. 423/year, the Personal Accident Cover (18-55 years) gives you an insurance coverage of up to Rs. 5 lakhs in case of your unfortunate death in an accident. The policy also covers permanent total disablement or permanent partial disability that you may consequently face.

How to Apply for the Personal Accident Cover (18-55 years)?

The application process for this insurance plan is simple and hassle-free. Follow the few simple steps below to get covered:

  • Click on Buy Now

    On the product page, select ‘Buy Now’.

  • Fill in the Details

    Enter the required details in the online application form.

  • Make the Payment

    You can make the payment through UPI, Net Banking or any other online method.

That’s it! You will receive your membership details on your registered email ID and mobile number.

Eligibility Criteria

To opt for the Personal Accident Cover (18-55 years), you need to meet the basic eligibility requirements below:

  • You can only avail this policy if you are at least 18 years old and less than 55 years old.

What's Covered under the Personal Accident Cover (18-55 years)?


Here are the following benefits that you can avail from the Personal Accident Cover (18-55 years):

 

Accidental death 

 

In the event of your accidental death, the entire insured amount will be given to your nominee.

 

Permanent total disablement 

 

You will get the full sum insured if you are permanently and completely disabled after the accident.

 

Permanent partial disablement 

 

If you are permanently partially disabled, then you will get the sum insured as per certain conditions that have been explained below:

  • In case of loss of vision in one eye which is irreparable or if there is a loss of one foot or hand - the sum insured will be 50%.

  • In case of any loss of speech or hearing in both ears- sum insured 50%.

  • Any loss of toes and fingers in one or both feet or fingers in one or both hands- sum insured will range between 2% to 40%, depending on the severity of the condition. 

  • Cover for any loss in phalanges will also range between 5 and 25%.

 

Policy Plan Details & Specifications

Following are the details that provide you with the policy specifications of the Personal Accident Cover 18-55 years Insurance Plan:

  • Coverage limit

Coverage of up to Rs. 5 Lakhs at just Rs.423 /annum. Under the Personal Accident Cover 18-55 years Insurance Plan, you will be covered for 30 days.

  • Validity

The validity of the Personal Accident Cover 18-55 years Insurance Plan is One year.

What’s not Covered? 

Here are the details of what is not covered in the Personal Accident Cover (18-55 years): 

  • Pre-Existing Disease 

If you suffer from any pre-existing illnesses or diseases that require treatment, they will not be covered under the Personal Accident Cover 18-55 years Insurance Plan.

  • Suicide or attempted suicide

If you attempt to commit suicide or intentionally self-injure, such injuries will not be covered under the Personal Accident Cover (18-55 years),  irrespective of whether you are medically sane or insane.

  • Sexually transmitted disease

If you are disabled as a result of any sexually transmitted disease or any direct or indirect venereal disease, expenses for such treatment will not be taken into consideration. Moreover, death due to such STDs is not included under the Personal Accident Cover (18-55 years).

  • Accidental In-patient hospitalisation 

If there is a death of the insured individual during hospitalization,  it will not be considered under the Personal Accident Cover 18-55 years Insurance Plan.

How to Make a Claim

Raise a claim by contacting the insurer using the following steps given below:

  • E-mail

You can write a mail to care.healthinsurance@adityabirlacapital.com to file a claim.

  • Call

You can also get in touch with the insurer through their toll-free number 1800-270-7000.

 

Customer Care Details

Write to us and connect with us on the following mail ID with any queries. insuranceconnect@bajajfinservmarkets.in. We will assist you at every step of the process.

 

Frequently Asked Questions

  • ✔️What is the Personal Accident Cover 18-55 years Insurance Plan?

    The Personal Accident Cover 18-55 years Insurance Plan by Bajaj Finserv will keep you financially protected during any accident or any sort of injury that may lead to permanent or partial disability.

  • ✔️What are the insurance coverage and premium of the Personal Accident Cover 18-55 years Insurance Plan? When can I renew my plan?

    The insurance coverage is Rs. 5 lakhs and the premium is just Rs. 423/annum. The validity of the Personal Accident Cover (18-55 years) is one year subject to renewal and repurchase of the plan.

  • ✔️If I require treatment from a previous injury will the medical cost be covered under this policy?

    No. Unfortunately, the Personal Accident Cover (18-55 years) does not cover treatment for any illnesses or injuries that you may already have when you purchase the insurance plan.

  • ✔️What is the minimum age requirement for this plan?

    The minimum age for you to avail the Personal Accident Cover (18-55 years) is 18 years and the maximum age limit is 55 years. Anyone below 18 years and above 55 years will not be eligible to avail this plan.

  • ✔️What is covered under the Personal Accident Cover 18-55 years Insurance Plan?

    Under the Personal Accident Cover (18-55 years), you can avail a wide range of benefits. You are eligible to get the entire sum insured in case of any accidental death. Moreover, you will be covered under the Personal Accident Cover (18-55 years) if you face any kind of permanent total disability and will receive the entire sum insured. If you face any permanent partial disability while you are covered under the Personal Accident Cover (18-55 years), you will be eligible to get a certain percentage of the sum insured under certain terms and conditions listed above.