Objective

A plain accidental policy that aims to provide financial relief to insured member or his family in event of accidental death or disability.

Suited for

This policy is useful for those who have high exposure to risk of accidental injuries, on the job or otherwise.

What does it do?

Like other standalone personal accident policies, it pays a lump sum amount in case of accidental death of insured person. Under family plan, the death benefit varies for each insured family member subject to certain limits. Apart from death, this policy also covers permanent partial disability for up to 100 per cent of sum insured and permanent total disability for up to 125 per cent of sum insured. Child education benefit for continuing education of deceased's children is an added advantage. If the insurer accepts claim under accidental death, it also makes a one time payment towards funeral expenses.

Pros

This policy can be bought online. It pays a premium discount on selecting a 2-year policy term.

Cons

It does not cover accidental temporary disability.

Our View

This policy provides narrow coverage at higher price. One can look for other accidental policies available at comparatively cheaper rates.

Our View

USP is that it offers a lifelong policy renewal. However, if you are not comfortable with high premiums, go for accidental policies from other insurers who cover you till 70 or 80 years of age at lesser premiums.

Eligibility

Entry Age (years)

Minimum

18; 5 years for children

Maximum

65; 21 years for children

Maximum Policy Renewal Age (years)

Life long renewal

Coverage Type

Individual / Family

Policy Term (years)

1/ 2

Sum Insured (Rs)

Maximum

25 lakh

Minimum

5 lakh

Discount

Discount on selecting 2 years policy term

No Claim Bonus

5% for each claim free years upto maximum of 25% of the sum insured

Free look Period

15 days

Grace Period for Policy Renewal

30 days

Policy Termination

Either of the insurer or ipolicyholder may cancel this policy by giving a 30 days notice period.

Customer Service

Address

Corporate Office:
Max Bupa Health Insurance Company Limited,
2nd Floor, Salcon Ras Vilas
D-1, District Centre, Saket,
New Delhi 110017

Call to

1800 3010 3333 (toll free)

Scope Of Cover

Accidental death

covered for upto 100% of sum insured

Permanent Partial Disability

covered for 25% upto 100% of sum insured depending on the degree of disability

Permanent Total Disability

covered for upto 125% of sum insured;

Child Education Benefit(for family plan where children are covered)

pays lower of 5% of sum insured or Rs 50000 in case of accidental death or Permanent Total Disability

Funeral expenses

pays Rs 5000

Exclusions and Waiting Period

Pre-existing diseases

not covered