Personal Accident Insurance

Personal Accident Cover

Accidents are uncertain and unfortunate. Personal Accident Insurance offered through Bajaj Finance Ltd. Get a financial coverage against bodily injury, disability, or death caused due to accidents. Cover your hospital bills and get a hospital confinement allowance as a compensation for your loss of running income.

Features & Benefits

  • Stay financially secure

    Cover the financial liability arising due to a personal accident or an injury. Keep your savings intact by paying the medical expenses using the Personal Accident Insurance claim.

  • Medical expenses covered

    Get a reimbursement of up to 40% of valid claim amount or actual medical bills, whichever is less.

  • Hospital confinement allowance

    Your regular income is disturbed due to an accident? Receive Rs.1000/day allowance for up to 30 days of hospitalization.

  • Children education bonus

    Not just your medical expenses, but your children’s education fee is also covered under this insurance plan. In case of death or a permanent disability, get 10% of capital sum insured or get Rs.5000/child below the age of 19 years, whichever is less.

  • High disability compensation

    In case of a permanent total disability, get up to 125% compensation of the sum insured.

  • Claim-free bonus

    Get a cumulative bonus of 10 to 50% for every claim-free year.

  • education loan online

    Quick disbursals

    Get faster claim disbursals, processed within seven working days from the date of fulfilling all the requirements.


If you are Bajaj Finserv’s loan customer you can easily get a Personal Accident Insurance. To apply for this plan, you need to be:

• Between the age of 18 to 65 years.
• Dependents must be between the age of 5 to 21 years.


Here are the major exclusions for a Personal Accident Insurance plan:

• War or terrorism-related injuries.
• Self-injury or suicide.
• Pre-existing injury or disability.
• Injury due to adventurous activities.
• Hospitalization for treatment of illness or disease.

Disclaimer - *Conditions apply. This product is offered under the Group Insurance scheme wherein Bajaj Finance Limited is the Master policyholder. The insurance coverage is provided by our partner Insurance Company. Bajaj Finance Limited does not underwrite the risk. IRDAI Corporate Agency Registration Number CA0101. The above mentioned benefits and premium amount are subject to various factors such as age of insured, lifestyle habits, health, etc (if applicable). BFL does NOT hold any responsibility for the issuance, quality, serviceability, maintenance and any claims post sale. This product provides insurance coverage. Purchase of this product is purely voluntary in nature. BFL does not compel any of its customers to mandatorily purchase any third party products.”