Personal accident policies provide protection against death or disability caused due to an accident. Bharti AXA Smart Personal Accident Insurance is one such policy cover that provides lump sum benefits against unexpected accidents. This policy comes with a range of flexible options that allows policyholders to choose the level of benefits they can obtain. In addition to death and disability benefit, this personal accident policy also provides a range of other benefits including education grant for children, accidental hospitalisation cover, legal expenses cover, etc.
People who meet the following eligibility criteria can apply for Bharti AXA Smart Personal Accident Insurance Policy:
Some of the notable features of Bharti AXA Smart Personal Accident Insurance can be given as follows:
The benefits available under Bharti AXA Smart Personal Accident Insurance can be given as follows:
|Benefits||Extent of Coverage|
|Accidental death of the insured person||Lump sum payment of the basic sum insured amount|
|Permanent total disablement of the insured person||Lump sum payment of 150% of the accidental death sum insured amount|
|Permanent partial disablement of the insured person||Benefit varies based on the level of damages sustained by the insured|
|Temporary total disablement||1% of the sum insured per week for a maximum of 104 weeks (only for sum insured Rs.5 lakh and above)|
|Double indemnity for accidental death or permanent total disablement while traveling in a public transport||Available for basic sum insured Rs.10 lakh and Rs.20 lakh|
|Hospital daily cash||Rs.200 to Rs.1,000 per day (for sum insured Rs.5 lakh and above)|
|Transportation of mortal remains||1% of the sum insured amount|
|Funeral expenses||Rs.2,500 to Rs.5,000 (for sum insured Rs.5 lakh and above)|
|Accidental hospitalisation medical expenses (optional)||Up to 20% of the basic sum insured amount|
|Education grant for children||Rs.10,000 per child subject to a maximum of 2 children|
|Legal expenses related to accidental death or injury||Rs.5,000 (only for sum insured Rs.5 lakh and above)|
Certain benefits like hospitalisation daily cash benefit, medical expenses cover, legal expenses cover, etc. can be obtained by paying additional premium.
Some of the key exclusions of Bharti AXA Smart Personal Accident Insurance can be listed as follows:
The claim procedure for this policy cover is simple and straightforward. It begins with intimation to the company following an accident that may result in a claim. Claims can be notified by contacting the company’s helpdesk. The company will require various documents from the insured in order to proceed with the claim process. The documents required for this can be listed as follows:
Once these documents are submitted to the insurer, the claim process will begin. The company will verify the validity of the documents before accepting the request. Following the acceptance of the claim, the company promises to provide the settlement amount within a maximum of 10 days from the date of receipt of the last necessary document.
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