Royal Sundaram Individual Personal Accident Policy

Policy Benefits

• Accidental death (AD) caused due to bodily injury is payable up to 100% of the Capital Sum Insured (CSI).
• Loss of sight of both eyes/both hands/two entire feet/ one hand and one foot/sight of one eye/one hand or one foot is payable up to 100% of CSI.
• Loss of sight of one eye/one entire hand/one foot is payable up to the sub limit specified in the schedule.
• Permanent total disablement (PTD) is payable up to 100% of CSI.
• Permanent partial disablement (PPD) is payable up to a specific percentage as mentioned in the sub limit.
• Temporary total disablement (TTD) is payable as mentioned in the sub limit. This benefit is applicable for a maximum of 104 weeks.
• Transportation expenses incurred towards Carriage of Dead Body is covered.
• In case of AD/PTD, Educational Grant is payable to each dependent children aged below 25 years.
• In case of hospitalization for more than 25 days, Recovery Benefit is payable up to the sub limit specified. This benefit is applicable once during the entire policy period.
• Medical expenses arising due to an accident are covered on payment of additional premium.

Value Added Benefits

• Earn cumulative bonus as 5% increase in CSI for each completed claim free policy year, to a maximum of 25% increase in CSI or Rs 25 Lacs whichever is less.
• Get 10% discount on premium amount for covering 3 or more family members.
• Avail 24x7 worldwide coverage for accidents and get covered against accidental bodily injuries.
• Wide range of sum insured options are available under this policy.
• Enjoy instant policy issuance and quick claim settlement procedure.
• Lifelong renewability can be availed under this policy.

Sub Limits

• Cost sharing/co-pay is not applicable under this policy.
• Loss of sight of one eye/one entire hand/one foot is capped up to 50% of CSI.
• Permanent partial disablement is covered in a range of 1% to 75% of CSI or as assessed by the panel doctor.
• Temporary total disablement is capped up to 1% of CSI or Rs 3,000 per week, whichever is less.
• Carriage of Dead Body is payable up to 2% of CSI or Rs 5,000 whichever is less.
• Educational Grant is capped up to 10% of CSI or Rs 5,000 for one dependent child and it is up to 10% of CSI or Rs 10,000 for more than one dependent child.
• Recovery Benefit is capped up to 5% of CSI or Rs 50,000 or any other sum stated in the schedule under the relevant section.
• Medical expenses are covered up to 10% of the relevant sum insured or 40% of the valid claim amount, whichever is less.

Waiting Period Clause

No waiting period is applicable under this policy.