An accident does not come with prior notice, and any injury due to an unforeseen personal accident can lead to a financial burden. Having a policy that covers the medical expenses in such times of need can be helpful. Bajaj Finserv brings you the Group Activ Secure Policy – Personal Accident Cover from Aditya Birla Health Insurance Co. Ltd., which provides insurance coverage against accidental death, permanent total disablement and permanent partial disablement.
|Premium including taxes (Rs.)||Sum insured (Rs.)|
Individuals between the age of 18 and 55 years can purchase the policy.
Policy validity: The tenor for the Group Activ Secure policy will be 1 year.
The policyholder will get the entire sum insured in case of accidental death.
Permanent Total Disablement (PTD)
In this case, the policyholder will get the entire sum insured.
Permanent Partial Disablement (PPD)
In the case of PPD, the sum insured will be applicable based on the table given below:
|Sr No||Table of benefits||Percentage of the sum insured payable|
|Type of Permanent Partial Disablement|
|i)||Total and irrecoverable loss of sight in one eye||50%|
|ii)||Loss of one hand or one foot||50%|
|iii)||Loss of all toes in either foot||10%|
|iv)||Loss of great toe in either foot||5%|
|v)||Loss of toes other than great if more than one toe lost on each foot||2%|
|vi)||Total and irrecoverable loss of hearing in both ears||50%|
|vii)||Total and irrecoverable loss of hearing in one ear||15%|
|viii)||Total and irrecoverable loss of speech||50%|
|ix)||Loss of four fingers and thumb of one hand||40%|
|x)||Loss of four fingers||35%|
|xi)||Loss of thumb - both phalanges||25%|
|xii)||Loss of thumb - one phalange||10%|
|xiii)||Loss of index finger:|
|(a) three phalanges||10%|
|(b) two phalanges||8%|
|(c) one phalange||4%|
|xiv)||Loss of middle/ring/litile finger:|
|(a) three phalanges||6%|
|(b) two phalanges||4%|
|(c) one phalange||2%|
You can raise a claim by reaching out to the insurer via one of the following ways:
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 under Aditya Birla Health Insurance Co. Ltd. Group Activ Secure Policy, UIN: IRDAI/HLT/ABHI/PH(G)/V.I/18/2016-17. Please refer insurer's website for Policy Wordings. Purchase of this product is purely voluntary in nature. BFL does not compel any of its customers to mandatorily purchase any third party products."
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