What Is Group Personal Accident Insurance Policy?

What is Group Insurance Scheme?

Group Insurance is a type of insurance which covers a group of people. There is a group insurance plan available in insurance company for group of family members or employees of a company or members of a particular profession, commonly against illness or death.

What is Group Insurance?

Group Insurance is a type of insurance that covers a group of people. There is a group insurance policy available in the insurance companies for a group of family members or employees of a company or members of a particular profession, commonly against illness or death.

What does this Personal Accident Insurance Policy Not Cover?

• Any claim in the same period of insurance exceeding the capital sum insured
• Payment of compensation due to death or disablement arising out of Suicide attempted suicide etc.
• Pregnancy and/or childbirth
• War and nuclear perils
• Ionizing radiation or radioactivity
• HIV / AIDS / or death due to any disease
• Natural death (not under the influence of intoxicating liquor or drugs)

What is Personal Accident Insurance?

Personal accident insurance is the least opted insurance in our country. This is due to the lack of awareness regarding the benefits offered by this product. This is also the cheapest insurance product available in the market with an exclusive range of coverage. Under personal accident insurance financial coverage is provided if the policyholder meets with death or disability.

How to cancel Personal Accident Insurance Online?

Personal accident insurance is the least opted insurance in our country. This is due to the lack of awareness regarding the benefits offered by this product. This is also the cheapest insurance product available in the market with exclusive range of coverage. Under the personal accident insurance financial coverage is provided if the policyholder meets with death or disability. Go to mParivahan website to cancel your personal accident insurance online if need help:1800-123-4003.

What is Liability Insurance?

Liability insurance is a type of insurance that offers protection to businesses and individuals from risk that they may be held legally or sued for negligence, malpractice or injury. Liability insurance protects the insured customers from legal payouts and costs for which the policyholder is deemed responsible. Liability is the responsibility of the insured customer for the damages caused to the third party due to the negligence, malpractice or injury.