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SPECIALLY DESIGNED FOR TEAM LIFE CARE CO. (I) PVT. LTD BY BAJAJ ALLIANZ.

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Presentation on theme: "SPECIALLY DESIGNED FOR TEAM LIFE CARE CO. (I) PVT. LTD BY BAJAJ ALLIANZ."— Presentation transcript:

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2 SPECIALLY DESIGNED FOR TEAM LIFE CARE CO. (I) PVT. LTD BY BAJAJ ALLIANZ.

3 Benefits of the policy Personal Accident and Accidental Hospitalization and Accidental Hospital Cash covered under Single Policy Death – 100% of Sum Insured Highest Compensation of 125% of the Sum Insured in case of Permanent Total Disability Accident Hospital Cash Permanent Partial Disability – As per the PA Table

4 Underwriting Guidelines Age of Entry for Proposer– 18 to 65 years Policy can be renewed up to age 65 years. If a policy is given at 65 years, it would be valid only for 1 year and can not be renewed further. No Proofs are required for this policy. However, proofs are required at the time of claim. All proposals with positive / medical declarations must be referred to HAT. This policy can not be offered to physically challenged individuals. Only single policy per head.

5 Sum Insured Details Coverage (Personal Acc)Sum Insured Basic Accident Coverage (Accidental Death)Rs.100,000 Wider Accident Coverage ( Accidental Death + Total Permanent Disability + Permanent Partial Disability) Rs.300000 Accident Hospitalization (reimbursement only)Rs.200,000 Accident Hospital Cash (benefit basis) Rs.2000/- per day(30days)

6 Additional Benefits ACCIDENTAL HOSPITALIZATION COVERAGE. (reimbursement only) (India only) Covers expenses of hospitalization due to accident up to sum insured of Rs. 2,00,000. Minimum hospitalization should be for 24 hours HOSPITAL CASH (India only) Provides cash benefit (Rs. 2000) for each day of hospitalization. Cash benefits are paid for 30 days of hospitalization in a year. TRANSPORTATION: if claim is accepted under section 1 (death), then BAGIC will pay towards the actual cost of transporting the remains of you/your family member(s) from the place of death to a hospital, cremation ground or burial ground. The amount is limited to the lower of Rs.5,000/- and 2% of the sums assured.

7 Additional Benefits CHILDREN‘S EDUCATION BENEFIT If claim is accepted under death or PTD, then BAGIC will make a onetime payment of Rs.5,000/- each towards the cost of education of up to 2 of your dependent children who were under the age of 19 at the date you were covered under the policy met with accidental bodily injury. AMBULANCE CHARGES for carrying you from the site of accident to the nearest hospital subject to a limit of Rs. 1000 per claim.

8 Premium Detail Premium for this policy is Rs. 1500/- including 12.36% S.T DD should favour Bajaj Allianz General Insurance Co. Ltd. payable at Bangalore

9 Exclusions Accidental bodily injury:  Through Suicide, attempted suicide or self inflicted injury or illness.  While under influence of liquor or drugs.  Through deliberate or intentional, unlawful or criminal act, error or omission.  Aviation or Ballooning.  Participating as the driver, co-driver or passenger of a motor vehicle during motor racing or trial runs.  Result of curative treatments or interventions carried out  Participation in any naval, military or air force operations whether in the form of military exercises or actual war  Your consequential losses of any kind or your actual or alleged legal liability  Venereal or sexually transmitted diseases.  ! HIV (Human Immunodeficiency Virus)  Pregnancy, resulting childbirth, miscarriage, abortion, or complications arising out of any of these.  War (Whether declared or not)  Nuclear energy, radiation

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