Personal Accident Insurance

This policy offers compensation in case of death or bodily injury to the insured person, directly and solely as a result of an accident, by external, visible and violent means.

The policy operates worldwide and is a 24 hours cover.

This policy is basically designed to offer some sort of compensation to the insured person who suffers bodily injury solely as a result of an accident which is external, violent and visible. Death or injury due to any illness or disease is not covered by the policy.

Death cover wherein 100% of the capital sum insured is payable.

Permanent Total Disablement
  • Loss of two limbs / both eyes / one limb and one eye wherein 100% of the capital sum insured is payable.
  • Loss of one limb or one eye wherein 50% of the capital sum insured is payable.
  • Permanent Total Disablement other than above e.g. paralysis due to an accident, wherein 100% of the capital sum insured is payable.
Permanent Partial Disablement
  • Where a part of the body becomes permanently disabled due to an accident, e.g. total and irrevocable loss of use of a finger due to an accident. In such cases, a percentage of the capital sum insured as specified in the policy is paid.
Temporary Total Disablement
  • where the insured person becomes temporarily disabled from undertaking any work as a result of an accident for e.g. fracture of legs. In such cases, a weekly payment of 1% of the capital sum insured subject to a maximum limit, is paid for the number of weeks or part thereof (maximum 100 weeks), during which the insured person is totally disabled.
  • Death, injury or disablement of Insured Person as a result of
  • From intentional self-injury, suicide or attempted suicide
  • Whilst under the influence of drugs or liquor
  • Directly or indirectly caused by venereal diseases
  • Insured committing breach of law with criminal intent
  • War, invasion, act of foreign enemy, hostilities (whether war be declared or not) civil war, rebellion, revolution, insurrection, mutiny, military or usurped power, seizure, capture, arrests, restraints and detainment of all kinds
  • Childbirth or pregnancy or in consequence thereof
  • Claims arising out of any sickness or disease

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