Saral Suraksha Bima

If an insured passes away due to an accidental injury within 12 months of the incident, the policy will then pay 100% of the total sum insured as a benefit to the nominees.

In the unfortunate event of suffering a permanent total disablement caused by an accident during the policy period, the insured will get 100% of the total sum insured.

For the policyholders who get a partial disability as a result of an accident, the policy provides benefits as per the percentage specified in the policy schedule for a particular injury.

If an accident renders the insured person unable to work, they get compensation at 0.2% of the base sum insured every week until they are fit to get back to employment.

This policy is also designed to support the education of dependent children under 25 years old by providing a one-time grant equal to 10% of the base sum insured following an unfortunate accident.

If you opt for this optional benefit, the policy reimburses eligible hospitalisation expenses incurred due to an accidental injury, subject to the selected sum insured, policy terms, conditions, and applicable coverage limits.

The policy provides financial protection against accidental death, permanent total disablement and permanent partial disablement. This helps you and your family manage any unexpected financial challenges which arise from accidental injuries.

You can select a suitable coverage amount that ranges from ₹2.5 lakh to ₹1 crore. This allows you to select a protection which aligns with your financial responsibilities.

You can enhance your protection with an optional cover for hospitalisation expenses which result from accidents. This reduces the financial burden of medical treatment and recovery after an unforeseen incident.

This policy offers an optional temporary total disability benefit. It provides financial assistance when an accidental injury temporarily prevents you from working and earning your daily income.

An optional educational grant supports the dependent children financially in the event of an accidental death or permanent total disability of the insured. This helps to ensure continuity in their education.

You can earn a cumulative bonus of 5% on the sum insured for every claim-free policy year. This is up to a maximum of 50% without an increase in the base coverage cost.

This is available on both an individual and a family basis. The policy can cover your spouse, dependent children, parents and parents-in-law under a single accident insurance solution.

For instance, adults who are aged 18-70 years and eligible dependent children can be covered, with flexible premium payment options including yearly, half-yearly, quarterly and monthly instalments.

As a standard personal accident insurance product developed under IRDAI guidelines, the policy offers transparent coverage terms. This makes benefits easier to understand and compare across insurers.