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Published byImogene Norris Modified over 9 years ago
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About us - HDFC Chubb General Insurance Joint venture with Chubb Corporation, USA - a leading property & casualty insurer –with $ 30 Billion in assets; –5th largest global insurance company; –the 3rd most respected financial company by the Financial Times Paid up capital at Rs 101 Crores with HDFC holding 74% & Chubb Corporation the remaining 26% HDFC & Chubb collectively bring an experience of over a 100 years in the financial sector
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HDFC Bank Limited – APP HC Accident Protection Plan Hospital Cash- APP- HC Offers 5 options from a minimum coverage of Rs. 15 Lacs to a maximum of Rs. 75 Lacs Offers to pay a benefit up to the maximum Sum Insured in the event of Accidental Death or Permanent Disability The cover provided is applicable 24 hours a day, 7 day a week, 365 / 366 days of the year The individual stands protected by this Personal Accident cover in India and any other location worldwide
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Accident Protection Plan - Hospital Cash Key benefits of the plan - –Accidental Death - Covers the insured in case of loss of life in an accident up to 100 % of the Sum Insured. –Permanent Disability - Pays a benefit up to the maximum Sum Insured if the insured is permanently disabled due to an accident. –Broken Bones - Pays up to the maximum Sum Insured in the event of bodily injury resulting in broken bones due to an accident
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Accident Protection Plan - Hospital Cash Key benefits of the plan (cont’d) Temporary Total Disability: Pays a weekly benefit up to maximum of 52 weeks if an accident causes disablement that prevents the insured person from engaging in or giving attention to his/her usual occupation.(1 week time deductible applicable) Last Rites: Pays a benefit towards the cost of the funeral of the insured person if an accident causes loss of life. Hospital Cash: Provides a daily benefit of Rs. 1,000 up to a maximum of 30 days in case of hospitalization due to an Accident.
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Accident Protection Plan- Hospital Cash Permanent Total Disability - Table of benefits
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Accident Protection Plan- Hospital Cash Broken Bones - Table of benefits
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Accident Protection Plan- Hospital Cash Broken Bones - Table of benefits (cont’d)
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Accident Protection Plan- Hospital Cash (Premium amount in Rs.)
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Accident Protection Plan- Hospital Cash Policy renewal & premium - Annual Paymode is –Standing Instructions / Cheque / Credit Card 5% benefit on renewal - Increase in Sum Insured on renewals on the basic Sum Insured for accidental death and permanent disability up to a maximum of 2 years
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Accident Protection Plan- Hospital Cash Negative List: –Armed Forces (Army / Navy / Air Force) –Para-military Forces (BSF, RAF, CRPF, etc) –Professional Sports Persons –Hazardous Sports (Bungee jumping, Jet-Skiing, Para-gliding, etc) –Merchant Navy –Airline Pilots –Off-shore Workers (Oil rigs / Drilling platforms)
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Recap on product Benefits –AD (100% of Sum Insured), PTD (up to 100% of Sum Insured) Broken Bones (up to the Sum Insured), Hospital Cash ( 1000 per day ), Last rites and Temporary Total disablement. –Annual policy with 5% additional benefit on Sum Insured at renewal Sum Insured –5 plans - Sum Insured Rs. 15 lakh to Rs 75 lakh –Premiums ranging from Rs. 2,695 to Rs.19,014 Payment methods –Direct Debit (HDFC Bank Accounts)/ Credit Card/Cheque
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Mandatory requirements on proposal form Name, address & contact number Date of birth & sex Beneficiary or nominee details Selection of plan - Sum Insured Payment instruction - Standing Instruction/Credit Card/Cheque Proof of income above 25 Lakhs sum insured Signature on proposal form - MOST IMPORTANT
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Claims HDFC Chubb provides a call-center to address any claim related calls This call-center is not limited to the geographic locations of our operations - All India coverage supported by a toll-free line 1 800 226 226 In the event of having to notify a claim, telephone calls shall be addressed by trained personnel and guidance will be provided All claims registered with HDFC Chubb shall be settled in 7 working days from the date of receiving complete documentation
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Thank you
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