IFFCO Tokio Individual Accident Insurance
“Life is too short to worry for uncertain events.” Individual accident insurance policy plan will cover your expenses in case of untimely death, bodily injury and permanent disablement. This policy provides an umbrella of financial stability to your family in difficult times.
It covers accidental death, total permanent disablement and loss of sight.
It covers education benefit, employment benefit and ambulance benefit.
This policy is available on individual basis, family basis and group basis.
For temporary total disablement, benefit is given up to 1% of sum insured per week or maximum up to Rs 6000.
For partial disablement in case of an accident, benefit is given up to 5% to 40% of sum insured.
Details about Premium
Premium depends on age, coverage and sum insured chosen.
Free look period: If the policy holder is not happy with the terms and conditions of policy, he/she can cancel the policy giving the reason for cancellation of policy. Policy can be withdrawn within 15 days from the date of commencement.
Grace period:If the payment is due on renewal of the policy, grace period of 30 days is given to the policyholder to make the payment.
Portability: Thepolicy can be transferred as per IRDA regulations.