Suvidha Insurance Broking Pvt. Ltd. is an IRDA approved Insurance Broker (Direct General) (Licence No. DB-218/03; 264) for non-life sectors of insurance authorized to provide risk management and other insurance related services.

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Email insurance@suvidhainsurance.com
Phone +91 89103 20845
Location 174, Chittaranjan Avenue, 5th Floor, Kolkata-700 007

Group Personal Accident Insurance

Home Group Personal Accident Insurance

Group Personal Accident Insurance

The compensation is made against Accidental Death, Loss of limbs and eyes, Permanent Total Disablement and Permanent Partial Disablement and Loss of Earnings.

Scope of Cover
  • The Policy pays to the Insured, if any of the Insured Persons sustain any bodily injury resulting solely and directly from accident, caused by external, violent and visible means, to the extent and in the manner provided by the policy on 24 hours basis and on worldwide basis.
  • Weekly compensation Benefit: 1% of Capital Sum Insured (CSI) or Rs.5,000/- and maximum for 104 week;
  • Repatriation of Remains: 2% of CSI or Rs.2,500/- whichever is less;
  • Medical Extension: 40% of compensation paid in settlement of a claim or 10% of the CSI, whichever is less;
  • Education Benefit: 10% of CSI upto 2 Children;
  • The Insurance Policy does not cover losses arising out of suicide, self-injury, venereal diseases, war and nuclear perils and pregnancy
    • Premium
  •  The Premium chargeable for the policy depends on occupation of the Insured person and the Table of benefits availed.

    • Table of benefits:

    Benefit No.

    Description

    Table No.

    Benefits Covered
    1. Death Only – 100% I 1
    2. Loss of two limbs, two eyes, one limb & one eye – 100%
    3. Loss of one limb & one eye – 50%
    4. Permanent total disabilities from injuries other than those named above (PTD …. 100%) IA 1 to 4
    5. Permanent partial disabilities (percentage details as given in the Tariff) II 1 to 5
    6. Temporary Total Disablement at 1% of CSI upto 104 weeks (Max. weekly benefits not to exceed Rs.5,000/-) III 1 to 6

    Meaning:

    1. Death:

    The entire sum insured is payable.

    2. Permanent Total Disablement -(PTD):

    Permanent Total Disablement means injury which permanently, totally and absolutely disables the person from engaging in any employment or occupation of any nature. This includes loss of limbs, eyes and other injuries. Here again the total sum insured is payable.

    3. Permanent Partial Disablement - (PPD):

    Permanent Partial Disablement is defined as injury which causes total and irrecoverable loss of body parts such as toes, fingers, etc., and also loss of hearing or vision. These injuries are assumed not to cause total loss of employment or occupation. The percentage of disability compensation as detailed in the policy ranges from 1% for a toe to 20% for all toes, 40% for four fingers and a thumb and 50% for loss of hearing in both ears.