Overview:
The Care Secure Personal Accident Insurance Plan offers robust protection against accidental injuries, providing financial support to the insured’s family in the event of accidental death or disablement. This comprehensive policy includes coverage for critical needs like child education, reconstructive surgeries, and more, ensuring peace of mind and security.
Key Highlights:
- um Insured: ₹1 lakh to ₹25 crore
- Policy Tenure: 1 year, 2 years, 3 years
- Network Hospitals: 19,000+
- Incurred Claim Ratio (2020-21): 55.15%
- Claim Settlement Ratio (2019-20): 95.2%
- Discounts: 5% family discount, Up to 10% multi-year policy discount
Benefits:
- Accidental Death Benefit: Provides a death benefit to the family if the insured dies due to an accident.
- Child Education Benefit: Covers educational expenses for the policyholder’s child in case of accidental death or permanent disability.
- No Waiting Period: Immediate coverage for accidental claims without any waiting period.
- Disappearance Benefit: Compensation if the insured goes missing after a common carrier accident and cannot be found within a year.
- Loyalty Benefit: Offers up to 50% increase on policy renewal for accidental death, permanent total disablement, and partial disablement.
- Cashless Hospitalization: Access to cashless treatment in over 19,000 network hospitals.
- Tax Benefits: Premiums qualify for tax deductions under Sec 80D of the Income Tax Act.
Eligibility Criteria:
- Minimum Entry Age: 18 years for adults, 91 days for children
- Maximum Entry Age: 70 years for adults, 24 years for children
- Coverage Type: Individual
- Relationships Covered: Includes spouse, children, parents, and other relatives
- Renewability: Lifelong
Types of Plans:
- Secure 1: Sum insured of ₹1 lakh to ₹10 lakh
- Secure 2: ₹10 lakh to ₹30 lakh
- Secure 3: ₹30 lakh to ₹3 crore
- Secure 4: ₹3 crore to ₹25 crore
- Secure 5: ₹1 lakh to ₹30 lakh
- Secure 6: ₹1 lakh to ₹25 crore
Coverage Includes:
- Accidental Death
- Permanent Total Disablement
- Permanent Partial Disablement
- Fractures
- Child Education
- Major Diagnostic Tests
- Disappearance
- Mobility Cover
- Burns
- Domestic Road Ambulance
- Nursing Care
- Reconstructive Surgery
- Repatriation of Mortal Remains
Optional Covers:
- Accidental Hospitalization: Covers hospitalization expenses and a daily allowance for up to 5 days.
- Permanent Total Disablement Improvement: Doubles the amount payable for permanent total disablement.
- Accidental Hospitalization Expenses
- Convalescence Benefit: Lump sum for extended hospital stays.
- Accidental OPD Cover
- Common Carrier Mishap Cover: Additional coverage for accidents involving common carriers.
Exclusions:
- Pre-existing diseases
- Intentional self-injury
- Injuries due to alcohol or drug addiction
- HIV/AIDS
- Congenital anomalies
- Bacterial infections
- Mental illness
- Infertility and sterility
- Alternative treatments
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