Personal Accidental Insurance

We may think we have complete control of our life, but life never ceases to surprise us. Accidents creep up on you suddenly. There is no almost no way in which we can predict or control something dangerous is going to happen to us. But what we can control is to ensure that if an accident does occur, if it maims you or is fatal, your family isn’t left behind scrambling for finances. Be it for your treatment and care, loss of job due to accident-related injuries or death, investing in a personal accidental health insurance policy is a prudent choice to make. Such a policy steps in to help ease your financial burdens, stepping in for loss of salary or procedures and as a financial cushion for your family members.
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What is Personal Accidental Insurance?

A personal accident coverage is a type of insurance policy that offers you protection against death or disability caused due to an accident. An accident insurance policy will assist you in paying for out-of-pocket expenses that might be incurred after an accident. Medical expenses include emergency treatments, hospital stays, medical exams, as well as travel and lodging expenses.
personal accident coverage

Why do you need Personal Accidental Insurance?

You cannot predict an accident. It can happen to anyone, anywhere and could lead to minor or serious injuries. Purchasing Accidental Insurance can prevent financial crises in the event of such uncertainty. You and your family will receive financial assistance in the event of accidental death, bodily injuries, and disabilities (partial, permanent, or temporary). Accidental death, bodily injury, impairment or mutilation are covered under Personal Accident Coverage if you suffer any of the above. If you are injured while travelling by rail, air, road, or drowning, or if you were injured in an accident, you will be compensated.

  • Yes, with this policy, in case of an accident, you need not shelve out any money as all expenses for hospitalization, treatment & procedures will be taken care of.
  • If anything untoward was to happen to you during an accident, this policy will step in as a financial backup for your family. Therefore, you will not have to dip into your personal savings.
  • Now you cannot decide where accidents happen. If you are abroad or outside of your hometown, this personal accidental health insurance policy ensures you get the best treatment anywhere.

5 reasons to buy Personal Accidental insurance from Bajaj Finserv Health

  • Expenses

    1

    Healthcare expenses
    The plan covers your regular healthcare expenses like doctor consultation fees, lab test fees, preventive health check-ups, etc.

  • OPD Doctor Consultation

    2

    Doctor consultation
    You get free online doctor teleconsultations. If you do not want to step out of the house or need medical intervention 24/7, you can consult top specialists online.

  • Network Discounts

    3

    Network discounts
    You can avail network discounts across Bajaj Health’s vast network PAN India for doctor consultation, hospitalization, lab tests, hospital room rent, buying medicines, dental care, eye wear and more.

  • Cashless treatment

    4

    Cashless treatment
    You can avail cashless treatment at network hospitals or get bills reimbursed at non-network hospitals, clinics, etc

  • Claim Settlement Ratio

    5

    Easy Claim Settlement
    Claim settlement process is fairly easy and hassle-free. Claim settlement ratio is 92.1%

Features of best accidental insurance plan in India

Your accidental insurance plan needs to have certain features before you decide to purchase the policy. It is very important to understand even the tiniest details of your insurance policy and the features it offers to protect you and your family. Here are some key features of an accidental insurance policy:

  • Premium Amount : The amount you pay on a regular basis to the insurance company for maintaining the validity of the insurance coverage is the premium amount. When choosing an accidental insurance policy make sure you go for a fairly priced policy that offers a good coverage package for the insured sum.
  • Coverage:A policy's coverage describes how much risk a policy will cover if you are to encounter an unfortunate event. Any daily activity which may cause an accident at home or at the workplace or anyplace for that matter should be covered under the policy. If your policy offers a wide range of coverage, you and your family will be better protected.
  • Exclusions:You must pay extra attention to events that are excluded from the policy coverage. An insurance policy that excludes the risk of an event that might occur due to occupation and other reasons should not be chosen.
  • Type of Policy : There are Individual and Family floater plans available for Personal Accident Insurance. A Family-Floater plan is ideal if you have a family or dependents. Medical expenses arising from accidents will be covered for you and your family. In addition, you can renew all your family members' policies at once every renewal cycle.
  • Claim Settlement Process:Ensure that the company's claim resolution process is quick and hassle-free. To file a claim, you must follow a certain procedure and provide certain documentation.

Benefits of Personal Accidental health insurance in India

An accident happens suddenly. It does not inform or consult you and there is no warning nor time. At times the accident maybe minor and sometimes, unfortunately, there is serious harm to your life and your family’s life. In a situation of this type, there is an impact on your life’s savings as the treatment can be very expensive and if, you are disabled during the accident, it will alter your career potential. Therefore, to safeguard you and your family from financial ruin, it is vital that you get a personal accidental policy. In case, you happen to die due to an accident, the insurance company as to pay 100% compensation as per the sum assured to your nominees. If, in case of loss of vision, limbs or speech ability, you will be compensated accordingly.
Here are some benefits of having a personal accidental policy:
benefit-img_<h4>Financial security and peace of mind</h4>

Financial security and peace of mind

benefit-img_<h4>Minimum documentation</h4>

Minimum documentation

benefit-img_<h4>Zero medical tests</h4>

Zero medical tests

benefit-img_<h4> Domestic as well as International cover</h4>

Domestic as well as International cover

benefit-img_<h4>Easy Claims</h4>

Easy Claims

benefit-img_<h4>Ambulance Assistance</h4>

Ambulance Assistance

BMI

The Higher your BMI Higher your Chance to get Diseases

Keep your health in check with our BMI Calculator

Height (cm)
Weight (Kgs)

Why just health insurance? Get a complete Personal Accidental Insurance package!

Accidents do not announce themselves. It can be a perfect, happy, sunny day that can end in a mishap. Therefore, being prepared is being smart. While a normal health insurance policy covers your hospitalization care for accident-related injuries, personal accidental health insurance package is curated policy crafted to cater to you healthcare and hospitalization care, pre-and post, due to an accident. Furthermore, it acts as a financial backing for your family.

A Personal Accidental Policy is a prudent choice.

If you are a vehicle owner, this is a mandate by the government of India. As it is specially curated to cater to accident-related injuries or even death, it helps to ease the financial burden. The stress of managing high medical expenses is taken care of.

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How to choose the right personal accidental insurance package for you?

Individuals should have personal accident insurance policies. Despite our best efforts, accidents still happen. They can result in death or permanent disability. Personal accident insurance is as important as life insurance and health insurance in this situation. To make sure you select the right personal accidental insurance package, you need to ensure it offers:

  • Quick & Easy Claim Settlement
  • Domestic & International Coverage
  • Financial Benefits for Family
  • Affordable Policy Premium
  • Pre-and Post-hospitalization Care

Your 9-point Checklist for Selecting the Best Personal Accidental Insurance Plan

  • checklist-icons_Family members

    Financial security of family

  • checklist-icons_ Cover amount

    Extensive coverage at a lower premium

  • checklist-icons_OPD Doctor Consultation

    No requirements of medical tests and documents

  • checklist-icons_insurance coverage in India

    Worldwide coverage

  • checklist-icons_Eligible age

    Get the most reliable plans for individual and family

  • checklist-icons_Claim Settlement Ratio

    Avail easy claim process

  • checklist-icons_Call us

    7 days support assistance

  • checklist-icons_Apply Now for Diabetes Health Insurance

    Customizable plans

  • checklist-icons_child education benefits

    Child education benefit

Myth Buster
Don't panic, just build your own package

Here are the coverage offered by Bajaj Finserv Health

What's Covered?
What's not Covered?
Age of eldest member

Permanent Total Disability or PTD

You will be entitled to a pay out of 200% of your insured amount in case of a permanent total disability (PTD) due to a mishap or an accident.

Age of eldest member

Permanent Partial Disability or PPD

If there’s any permanent partial disability or PPD from an accident, you will be eligible for the following insured amount payable to you

  • An arm at the shoulder joint-70%
  • An arm above the elbow pint-60%
  • An arm beneath the elbow joint-60%
  • A hand at the wrist-55%
  • A thumb-20%
  • An index finger-10%
  • Any other finger-5%
  • Meg above mid-thigh-70%
  • Meg up to mid-thigh-60%
  • Meg up to beneath the knee-50%
  • Meg up to mid-calf-45%
  • Afoot at the ankle-40%
  • A large toe-5%
  • Any other toe-2%
  • An eye-50%
  • Hearing of one ear-30%
  • Hearing of both ears-75%
  • Sense of smell-10%
  • Sense of taste-5%

Age of eldest member

Temporary Total Disability or TTD

In the event of any temporary total disability or TTD caused by any accidental injury in the body, you will be given a weekly benefit amount as per the insurance plan you have chosen. The benefits offered under this policy for TTD are limited to 50% for your spouse.

Choose personal accidental insurance coverage of your choice
5 lakhhealth insurance
5 lakh - Health insurance coverage
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Avail upto 180+ doctor consultation
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61+ lab tests packages
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Wellness benefit upto 38000 Rs.
10 lakhhealth insurance
10 lakh - Health insurance coverage
call-icon_0
Avail upto 180+ doctor consultation
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61+ lab tests packages
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Wellness benefit upto 56000 Rs.

Eligibility Criteria:

Minimum and Maximum Age Limit:People between the ages 18-55 can apply for this policy.

Minimum and Maximum Age Limit Of Dependent Children:Dependent children within the age of 5 years to 21 years will be covered for their education.

Eligibility Criteria:

  • Eligible age

    Minimum & Maximum age
    91 days minimum age

  • eligibility of children age

    Minimum & Maximum age for dependents
    5 to 21 years

Myth Buster
Don't worry about price, just check it

How to calculate health insurance premium?

  • Personal Details

    1

    Enter your name and mobile number.

  • Family members

    2

    Select the family members whom you want to insure.

  • Age of eldest member

    3

    Enter the eldest member's age

  • Premium Calculated

    4

    Get your premium

10 factors that affect your health insurance premium:

India’s Leading Company

Health Insurance is a must for any individual or family who are looking to secure their health and financial future. Owing to medical inflation in the recent years, the cost of medical treatment and procedures often drains one’s lifetime savings and acts a burden. However, getting a health insurance means adding a fall-back cushion to safeguard savings as well as get tax benefits.

As you apply for a health insurance plan, the insurance providers do a thorough check/assessment of your health. Basis your health status, they offer a premium amount for the plan.

Age

Your age is a major factor on which the health insurance premium will be decided. Most companies follow this mantra – the higher the age of the insured, the higher the premium to be paid. This is because older people are prone to illnesses. It is advisable to buy a health insurance plan when you are younger to enjoy more benefits and pay a lower premium.


occupation

Your occupation or the nature of your work will also determine the health risks you may be exposed to. Given our hectic lifestyles and sedentary jobs, you will be prone to stress, anxiety, etc. which will lead to other health issues. So, for example, if you have a high stress job, your premium will be higher.


Medical history

Medical history plays a vital role too in deciding the premium. If you have a chronic illness, or have suffered from any past major illnesses, or if family history points to any pre-existing illnesses, your health insurance premium will go up.


Copay feature

If you have a co-pay feature in your health insurance plan, then your premium will be lower as a certain percentage of the medical costs will be borne by you and the rest by the insurance provider..


Habits

Habits. Yes, your habits matter a lot. For example, if you are a smoker, you are at risk of serious illnesses like cancer. If you drink regularly, you are at risk of chronic diseases. So, your premium will be higher.


Duration

Duration of your policy will also affect your premium. If have a longer duration for your policy, you will pay less premium.


BMI

Your BMI or Body Mass Index also affects your premium. If your BMI is high, then you are at a higher risk of chronic or lifestyle illnesses. This means you will pay a higher premium.


Location

Location If you stay in locations where food, water, air quality is an issue, it will lead to serious health issues and therefore, your premium will be higher.


plan type

Your plan type affects your premium amount.


Why To Buy Personal Accidental Insurance Online?

The Bajaj Finserv Health Personal accidental insurance- The Premium Personal Guard is an all in one insurance that offers protection to you and your loved ones during any death, injury or disability caused due to any accidents.

It is difficult to predict life, but you can certainly secure the future of your and your family’s. Financial problems can arise for families when the breadwinner is injured, disabled or dies from an accident. Bajaj Finserv’s Personal accidental insurance policy provides a peace of mind and total security with various included benefits.

Multiple options for sum insured : Options ranging from Rs 10 lakh to Rs 25 lakh for sum insured.

Easy and hassle-free claim settlement : The claim settlement team of Bajaj Finserv Health will provide assistance during the claim settlement process, making it much easier for you. Cashless transaction facilities are also provided at more than 6500+ network of medical sectors across India. As such, it is very handy in the event of hospitalization or treatment since the policy directly pays to the network hospitals, so you can focus on recovering and getting back on your feet without worrying about the bills.

Lifetime Renewals : Lifetime renewals are available for Premium Personal Guard policies.

Family Discount : A discount of 10% will be offered on insuring your family.

How to buy personal accidental insurance from Bajaj Finserv Health

  • Login

    1

    Step 1
    Log on to the website www.bajafinservhealth.in or download the ‘Bajaj Finserv Health’ app on your phone and sign up.

  • Search for Diabetes Insurance

    2

    Step 2
    Search for the personal accidental Insurance Plan.

  • Apply Now for Diabetes Health Insurance

    3

    Step 3
    Click on ‘Apply Now’ and enter your basic details.

  • Confirm Application

    4

    Step 4
    Check and confirm application by entering the OTP received on your mobile number.

  • Pay your premium

    5

    Step 5
    Pay the premium via credit/debit card, UPI, mobile wallet, etc.

  • Get Details on Whatsapp

    6

    Result
    You will receive the details of your membership via email/WhatsApp.

Myth Buster
All set to buy ?

Tax savings with Personal Accidental Insurance

In accordance with Section 80C, personal accident policies are not tax deductible. These policies include accident insurance, trauma insurance, and critical care insurance policies that pay premiums to cover physical injuries.

Explore Our Robust Network

You can avail all your health insurance benefits PAN India. Explore our vast network partners.

Explore Our Robust Network

You can avail all your health insurance benefits PAN India. Explore our vast network partners.

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Documents Required For Buying Personal Accidental Insurance

Documents
Death
  • The nominee must complete and sign the personal accident claim form.
  • The nominee must also sign the bank's NEFT form and the cancelled check.
  • Attested copy of death certificate
  • Attested copy of the FIR, if any
  • Attested copy of the post-mortem report, if conducted.
  • Attested copy of the viscera/chemical analysis report (if viscera is preserved).
  • Attested copy of the statement of witness (if any).
  • Burial certificate (wherever applicable).
  • Insured’s/claimant’s address proof.
  • Original policy copy.
  • A copy of your Aadhaar card, or any other government photo ID and PAN Card. This is not mandatory if your ID card is linked with the policy while issuance or in a previous claim.
Documents
PTD, PPD and TTD
  • Duly completed claim form signed by the nominee.
  • Attested copy of FIR, if any
  • Attested copy of the disability certificate from a civil surgeon of a government hospital stating percentage of disability.
  • X-ray/investigation reports supporting the diagnosis.
  • NEFT form and cancelled cheque duly signed by the nominee.
  • Original policy copy.
  • A copy of your Aadhaar card, or any other government photo ID and PAN Card. This is not mandatory if your ID card is linked with the policy while issuance or in a previous claim.
Family members
Children’s education benefits
  • A bonafide certificate from the school/college or certificate from the educational institution/birth certificate.
  • A copy of your Aadhaar card, or any other government photo ID and PAN Card. This is not mandatory if your ID card is linked with the policy while issuance or in a previous claim.

An Easy, Hassle-Free And Quick Procedure

How to Claim Your Healthcare Benefits?

We have 98% Claim Settlement Ratio!
how-to-claim-slide-1
India’s Leading Company
We have 98% Claim Settlement Ratio!
With the Bajaj Finserv Health Insurance plan, you can avail health benefits and hospitalization benefits across the vast Bajaj Finserv network partners PAN India.
1
STEP ONE
Download the Bajaj Finserv Health app or go to www.bajajfinservhealth.in and log in to your account.
2
STEP TWO
Go to your health plan and select the benefit you want to redeem or get reimbursed.
3
STEP THREE
Follow the steps and claim your health plan benefits instantly.

How to make cashless claims & reimbursements?

Cashless Claims
Reimbursement
Approach Hospital
Approach Network Hospitals
Approach Network Hospitals for complete cashless facility & once details are verified, send the duly filed pre-authorization form to the insurer
Verification of all details
Verification of all details
The insurer will duly verify the details of the pre-authorization request with policy benefits and intimate their decision to the healthcare provider
Myth Buster

One useful tip just for you!

Your personal accidental insurance policy will not cover injury or death due to illness or disease if these are linked to the nature of your job.

Myths Busted

Myth #1: Accident insurance policies are expensive.

Personal accident insurance is offered by several insurance companies. The premium for personal accident coverage is quite reasonable because of the high level of competition. Either purchase it as an add-on coverage or purchase an independent policy. If you suffer an injury or any untoward incident occurs in an accident, you can be assured of your financial stability.

Myth# 2: Personal Accident insurance is unnecessary.

You may not be covered for accident expenses by all life insurance policies. There are policies which even provide coverage for permanent disability and irreversible loss of limbs and sight, but which do not include coverage for temporary disability and the loss of income incurred due to an accident. A person who suffers an accident or breaks a bone and cannot work for several weeks is forced to use thousands of rupees from their savings to cover the costs of their treatment and lost income. In such a case, you are protected financially if you need to enter a hospital due to an accident covered by your personal accident insurance policy.

Myth #3: There Isn't Enough Protection With Personal Accident Insurance.

An accident insurance policy usually covers accidental death, partial/permanent disability, and partial/permanent total disability. Additionally, it provides benefits such as worldwide coverage, reimbursement of accidental medical expenses, and education funds for children if you cannot provide for your family. By protecting your loved ones from medical expenses incurred by an unavoidable accident, personal accident insurance lessens the financial burden on them.

Hear It From Our Customers
testimonial-icon
Female, 23
Pune
Shruti Shivhare
This has been very helpful to me and my family during the pandemic. I could reach out to the best doctors online and get the right treatment for my parents at reasonable pricing. Also, with preventive health check-ups as a part of the plan, it is a very good purchase.
testimonial-icon
Male, 23
Hyderabad
Kauser
This has been very helpful to me and my family during the pandemic. I could reach out to the best doctors online and get the right treatment for my parents at reasonable pricing. Also, with preventive health check-ups as a part of the plan, it is a very good purchase.

FAQs


Bajaj Finserv Health offers one of the best accidental insurance policies in India with a coverage amount of Rs 10-25 lakhs.


A standard life insurance policy pays your beneficiaries a death benefit. An accidental death policy, however, only provides coverage in case you die due to an accidental event. In the event of dismemberment, you would have lost part of your body as a result of an accident.


A beneficiary is someone who benefits from something and/or gains an advantage. Typically, a beneficiary is someone who is eligible to receive distributions from a trust, will, or life insurance policy.


An accident insurance policy pays for your medical expenses and other out-of-pocket costs arising from an accident. Among these are emergency treatments, hospital stays, medical exams, as well as transportation and lodging needs.


Ideally, you should file a claim as soon as possible following an accident, but you may need to notify your insurance company within 30 days.


You along with your spouse and dependent children upto an age of 21 years will be covered under this policy.


Yes, you need a FIR. In the absence of a FIR, no insurance company will consider your claim and without receiving a police report, no FIR will be filed. Accordingly, you must obtain a copy of the FIR at the earliest possible opportunity.


In most cases, AD&D insurance payments reflect the face value of the original life insurance policy, meaning that upon the accidental death of the insured, the beneficiary receives a benefit equal to twice the face value of the insurance policy.


You can get accident insurance to help cover medical expenses and other expenses incurred because of an accident. Expenses such as emergency treatment, hospital stays, medical exams, and transportation and lodging can be included.


In the event that you cannot get your money back, you can take the insurer to court or sue the insurance company. Insurance companies should claim back the excess if they have dealt with the claim.


You need to inform your insurance company as soon as possible if you are involved in an accident. Your insurer will usually require that you tell them within 24 hours of the incident.


It may be possible for you to receive compensation for all types of injuries, both physical and mental, if you were involved in a car accident that wasn't your fault. This would include anxiety.


Yes. Buying and holding multiple policies is perfectly legal. In the event of accidental death, the beneficiary is entitled to claim on all of the life insurance policies he owns.


In accordance with Section 80C, personal accident policies are not tax deductible. These policies include accident insurance, trauma insurance, and critical care insurance policies that pay premiums to cover physical injuries.


Claims are often rejected or denied due to billing and coding errors, either accidentally or intentionally. Incomplete or incorrect information may be included. Make sure your billing statement is accurate.


Yes, married couples automatically get each other's benefits.
The designated beneficiary receives 50 percent of the assets if someone else is the spouse. In this case, the spouse receives 50 percent and the named beneficiary receives the other 50 percent.


Price starting @
₹592 x 10 months

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