Objective

A personal accident policy which aims to cover medical expenses and provide daily cash amount along with basic cover to relieve insured and family members from financial setback.

Suited for

Personal accident policies are suitable for regular vehicle drivers and those involved in risky jobs.

What does it do?

This is a standalone personal accident policy that will pay in an unfortunate instance of death or permanent total disability caused due to an accident. On paying extra premium, the insurer can also provide for medical expenses and daily cash in case of hospitalisation.

Pros

Additional cover for hospitalisation expenses and daily cash benefit will enhance the cover.
This policy can be bought online.

Cons

It does not cover temporary disablement.

Our View

The hospitalisation expenses and daily cash benefit is useful only if one lacks an adequate basic health policy. If a person has a satisfactory basic hospitalisation cover, a plain personal accident policy will suffice. Hence, make a need based selection of cover.

Eligibility

Entry Age (years)

Minimum

18

Maximum

80

Maximum Policy Renewal Age (years)

80

Coverage Type

Individual

Policy Term (years)

1/3/5

Sum Insured (Rs)

Maximum

25 lakh

Minimum

3 lakh

Pre Policy Medical Check Up

Not required

Policy Termination

Either of the policyholder or insurer can terminate the policy by giving a 15 days notoce

Customer Service

Address

ICICI Lombard General Insurance Co. Ltd.
401-402, Interface Bldg; No.11,
Link Road, Malad (West),
Mumbai - 400064.

Mail to

customersupport@icicilombard.com

Call to

1800 2666

Network Hospitals

Https://www.icicilombard.com/Content/ilom-en/Hospital_list/search.asp

Scope Of Cover

Accidental Death

covered

Accidental Permanent Total Diability

covered

Optional Benefits (require payment of extra premium)

Accidental Hospitalisation Expenses

reimburses as per limits given below:upto Rs 10000 for 3 lakh coverupto Rs 25000 for 5 lakh coverupto Rs 50000 for 10 and 15 lakh upto Rs 1 lakh for 20 and 25 lakh cover

Accidental Hospital daily Allowance

covered; pays daily cash upto maximum of 30 days. Rs 1000 per day for sum insured upto 5 lakh and Rs 2000 per day for higher Sum insured

Exclusions and Waiting Period

Pre-existing disease

not covered

General exclusions

accident caused due to adventourous sporting such as bunjee jumping, biking, etc.