Reliance Personal Accident Insurance Policy

Policy Benefits

• Accidental death or disability is covered up to the limits specified.
• 100% coverage is provided for accidental death, permanent total disability, & loss of two limbs/two eyes or one limb and one eye.
• 50% coverage is provided for loss of one limb or one eye.
• A specified percentage of the sum insured is paid in case of Permanent Partial disability.
• Family package cover can also be availed under this policy. Spouse, if earning is covered up to the capital sum insured (CSI) and if not earning, spouse is covered up to 50% of CSI or Rs 1 Lac, whichever is less. Children aged 5 to 25 years are covered up to 25% of CSI or Rs 50,000 per child whichever is lower.
• A 5% increase in the Capital Sum Insured (for death/permanent total disability) upon completion of each claim-free policy year, up to a maximum of 50%.
• Education grant for children is also provided for two children, in the unfortunate event of death of the policyholder.
• Medical expenses incurred following an accident are covered up to the limits specified in the policy. It is available on payment of the 20% additional premium.
• Transportation cost of the dead body is covered up to the limits specified in the policy.

Value Added Benefits

• Worldwide and round the clock insurance protection is available.

Sub Limits

• 100% coverage is provided for accidental death, permanent total disability, & loss of two limbs/two eyes or one limb and one eye.
• 50% coverage is provided for loss of one limb or one eye.
• 1% to 75% coverage is provided for Permanent Partial disability, depending the conditions specified
• Medical expenses arising due to accident are reimbursed up to 40% of the compensation paid or 20% of capital sum insured.
• Education grant is also capped. If the insured has one dependent child below 25 years, 10% of CSI to a maximum of 5,000 is paid. If the insured has two dependent child below 25 years, 10% of CSI to a maximum of 10,000 is paid
• Cost incurred towards the transportation of dead body to the place of residence is reimbursed up to Rs 2500.

Waiting Period Clause

No waiting period is applicable under this plan.