Kotak Accident Care Personal Accident Plan
Accident is an unfortunate, unintentional and unpredictable event occurring in the life of an individual which harms the person physically. In order to protect themselves from such an event, ‘Kotak Accident Care’ has come up with a personal accidental insurance consisting of various benefits. AccidentCare, the best personal accident insurance plan of Kotak General Insurance that covers the following benefits which are mentioned in the benefit section.
| Plan Name | Kotak Accident Care |
| Policy type | Personal Accidental Plan |
| UIN | KOTPAIP22072V042122 |
Key Features
100% payout in case of Accidental Death
- 100% Payout in case of Permanent Total Disablement.
- Maximum payout of 50% in Permanent Partial Disablement.
Benefits
In case of Accidental Death of the insured, 100% of sum insured will be provided to the nominee as ‘Death Benefit’.
If an insured is suffering from Permanent Total Disablement due to an accident then that person is entitled to receive 100% of sum insured as payout. What constitutes Permanent Total Disability in this plan - Know more.
If the insured is suffering from Permanent Partial Disablement then the payout completely depends on the severity of the disability. Know more about the payout depending on the severity levels as mentioned here.
Weekly Compensation shall be provided in case of temporary total disablement. Payout will be provided as per plan opted and for a maximum period of 100 weeks.
This feature ensures uninterrupted education of the Insured Person’s unmarried dependent child under the age of 25. Payout shall be mentioned in the policy schedule.
In this feature the company pays the amount incurred for transporting the insured person to the hospital. Payout shall depend on the reasonable and customary charges incurred up to a specified limit mentioned in the policy.
In this feature the expenses incurred for transporting the insured person’s dead body from the place of death till his/her residence.
Funeral expenses refers to the cost of carrying and organizing a funeral. When an insured dies because of an accident then in such a case a certain % of sum insured is provided by the company as funeral expenses.
This feature pays the expenses incurred for treatment of the fractured/broken bones because of an accident. Payout generally depends on the severity of the injury mentioned in the policy schedule. Maximum payout will be equal to the ‘Accidental Death’ sum insured.
Burns Benefit: This feature pays the expenses incurred for treatment of the burns inflicted on the insured’s body because of an accident. Payout generally depends on the severity of the injury mentioned in the policy schedule. Maximum payout will be equal to the ‘Accidental Death’ sum insured.
Modification of Residence/Vehicle: This feature helps in modification of residential accommodation or vehicle. Insured gets payout in the case of ‘Permanent Total Disablement’ and ‘Permanent Partial Disablement’.
Compassionate visit: In this feature, travel expenses will be covered by the company for an immediate relative to visit the place where the insured is hospitalized. This feature can be availed only where insured faces these 4 type of injuries due to an accident:
- Accidental Death
- Permanent Total Disablement
- Permanent Partial Disablement
- Temporary Total Disablement
Accidental Hospital Daily Cash benefit: This feature provides daily monetary benefit to the insured for accidental hospitalization. It can be availed only when the hospitalization confinement occurs within 7 days of the accident.
Accidental Hospitalization Expenses Reimbursement: In this feature the insured is eligible for hospitalization Reimbursement benefit. Medical expenses that tend to be reasonable and necessary and certainly arising due to an accident within the policy period are covered in this feature. This feature can be availed only if the hospitalization takes place within 7 days from the date of accident.
Convalescence Benefit: This benefit pays a lump sum amount of Rs.10,000 on hospitalization for a minimum of 10 consecutive days.
Eligibility
| Entry Age | Minimum - 5 years Maximum - 65 Years |
| Renewal | Lifelong renewal |
| Policy Period | 1, 2, 3 years |
Exclusions
- Mainly consists of Intentional self-injury, suicide or attempted suicide influence of intoxicating liquor or drugswar/ war like activities.
- Venereal disease or insanity or mental, nervous or emotional disorder.
- Breach of law circumcision or strictures, vaccination, inoculation, sex change, beauty treatment dental treatment, eye treatment, plastic surgery unless as a consequence of an Injury.
- Participation in Professional Sports, bodily contact sport or any other hazardous or potentially dangerous sport for which the Insured Person is untrained, unless specifically covered under the Policy
- Ionizing radiation or contamination by radioactivity from any nuclear fuel/ nuclear waste
- Nuclear weapon materials.
Kotak Accident Care Personal Accident Policy will protect you from such uncertainties in such a way. This is the reason you need to buy a Personal accident plan in order to sustain from financial burden.
