Universal Sompo Individual Personal Accident Policy

Min - 5 years Max - 65 years 65 to 75 year applicants may be enrolled with 20% loading on premium

Individual/Family

Single Premium. 0.4% to 2% of Sum Assured.

Basic - 10 times yearly income Wider - 5 times yearly income Comprehensive - 5 times yearly income (Rs.5 lakhs max)

1 year

Lifetime renewability option

1. - Death benefits
2. Wider cover - Death, Permanent Total Disability and Permanent Partial Disability benefits
3. Comprehensive - Death, Permanent Total Disability, Permanent Partial Disability and Temporary Total Disability benefits

1. Medical Expenses - 25% additional premium. 40% or lower of actuals of personal accident claim.
2. Hospital confinement allowance - Rs.500 daily hospital allowance up to 30 days. Rs.300 additional premium per member.

1. Family package discount as per 10% of premium for more than 3 members, 12.50% for more than 4 members and 15% for more than 5 members.
2. If policy is renewed within 7 days of lapse, loyalty discount of 5% in 1st year, 10% in 2nd year and 15% in 3rd year.

1. 1% of capital sum assured as funeral expenses up to Rs.2,500
2. Ambulance charges up to Rs.1,000
3. Death or permanent total disability will have education fund with 5% of capital sum assured up to Rs.15,000
4. Loss of employment due to permanent total disability will receive 2% of basic sum assured up to Rs.25,000
5. Clothing damages expenses up to Rs.1,000

1. Injuries resulting from invasion, war or act of foreign enemy, civil rebellion.
2. Participation in motor speed events.
3. Air travel except as a passenger on recognized airlines, charter aircraft.
4. Nuclear fission or nuclear waste damages.
5. Hazardous properties of nuclear components or nuclear assembly.
6. Damages arising out of biological or chemical contamination and bombs, missiles, grenades, explosives as an act of terrorism.