ICICI Lombard Accident Insurance

PERSONAL ACCIDENT INSURANCE

Life is full of uncertainties and UN expected events. Accidents can happen at home, at work, even at play. The death or injury of a breadwinner can create serious financial problems for any family. It is in situations like these for which you need to be prepared. This insurance policy is essential for each and every individual who seeks to indemnify him/herself and dependents against personal accident.

COVERAGE

This policy insures you against accidental death or permanent total disability. Permanent total disability means an irreversible loss of limbs or function of the limbs or senses organs.

ICICI Lombard provides a lump sum benefit payment on death, or permanent and total disability, due to accident, on the basis of loss incurred as per the table below.

INJURY RESULTING IN LOSS OF	COVERAGE
Death	100% of SI
Both hands or feet or sight	100% of SI
One hand and one foot	100% of SI
Either hand or foot and sight of one eye	100% of SI
Hearing of both ears	100% of SI
Speech	100% of SI
Either hand or foot	50% of SI
Sight of one eye	50% of SI
Loss of function of one hand and one	50% of SI
Foot without separation	50% of SI
Quadriplegia (all four limbs paralysed)	100% of SI
Paraplegia(both legs paralysed	100% of SI

An individual can take cover up to sum insured of Rs. 3,00,000/- under this policy.

An accident would include events like

·                      Collusion/fall on rail, road or by other means.

·                      Injury due to bursting of gas cylinder 

·                      Snake -bite, frost bite, dog bite.

·                       Burn injury, drowing, poisoning etc.

 

ADVANTAGES

·                      No health checkup is required

·                     The policy is renewable till the age of 70 years

 

PREMIUM

This policy is available at a nominal rate of Rs100 for per lac sum insured for a period of one year. The premium charged covers both accidental death and permanent total disability risk.

 

CLAIM PROCESS

In event of insured's death, completed claim form with all required documents will have to be sent to ICICI Lombard office, Mumbai

Documents required to be submitted for settling the claim:

·                     Completed and signed claim form

·                     Attested copy of FIR

·                     Attested copy of spot panchnama

·                     Attested copy of Inquest panchnama

·                     Attested copy of post -mortem report

·                     Attested copy of death certificate

·                     Proof of insurance

·                     Treatment papers, medical reports

·                     Disability certificate indicating the percentage of disablement from civil surgeon.

·                     Any other documents which is necessary for proving the claim.