In an increasingly competitive business scenario, every organisation has to prepare
for the unexpected. It applies not just to the area you operate in, but also to
your employees. After all, non one can afford to lose people, whether to illness,
accidents or demotivation.
HDFC ERGO’s Personal Accident Policies are designed to empower your Organisation.
With a choice of comprehensive insurance plans that provide powerful incentives
for you and peace of mind for your people.
With HDFC ERGO Group Personal Accident Insurance Policy, you can choose the benefits
you want for each class of employee which can either be a flat amount or a multiple
of the employee’s salary.
The policy covers:
- Standard Benefits:
- Accidental Death - Covers the insured in case of loss of life in an accident
- Permanent Disablement - Pays a benefit if the insured is permanently disabled in
an accident.
- Hospital Cash: Pays a daily benefit if the insured needs hospitalisation
as an in-patient following an accident.
- Medical Insurance Premium Indemnity: Pays medical insurance premiums
for the surviving spouse and dependent child, in case of accidental death of the
insured covered under the policy.
- Reconstructive Surgery: Pays the costs of reconstructive surgery
following an accident.
- Temporary Total Disablement: Pays a weekly benefit if an accident
causes disablement that prevents the insured person from engaging in or giving attention
to his/her usual occupation
- Mobility Extension: Pays 95% of costs of a wheel chair, vehicle
and/or lifts or ramps needed by an insured who is permanently disabled in an accident
- Ambulance Cost: In case of bodily injury suffered by the Insured
then the Company agrees to pay the actual ground ambulance costs incurred by the
Insured.
- Last Rites Cost: If death results due to bodily injury or sickness
of the insured person, the Company agrees to pay to the Insured Person’s Beneficiary
or legal representative the Compensation towards the cost of the last rites of the
Insured Person.
- In-hospital Medical Expenses: Pays a reimbursement for medical
expenses incurred if the insured requires hospitalisation as an in-patient due to
an accident.
- Emergency Medical Expenses (Accident only): Reimburses the costs
of medical expenses incurred by an insured person within 12 months of the date of
loss resulting from an accident
- Dependent Child(ren) Education: Pays the education fees for the
insured person’s dependent child(ren) if an accident causes the insured’s death
within 12 months of the date of loss
Please note that all benefits are subject to a maximum amount as stated in the policy.
In addition, some benefits are subject to a deductible or a franchise which will
be taken into consideration when handling a claim. These will be clearly noted in
any quotation released or any policy issued.
Mentioned below are some standard exclusions:
- Self inflicted injury
- Participation in a criminal act
- Participation in a hazardous sport
- Intoxication
- AIDS/HIV
- Terrorism
- War or Civil War
Please read your policy contract for a full list of exclusions, terms and conditions.