The
personal accident policy by Future Generali provides multi-benefits for anyone
aged between 5 and 70. It provides protection worldwide and includes protection
against terrorism. The detailed significance of the two plans are described
below:
|
Coverage
|
Plan 1
Benefits (Rs.)
|
Plan 2
Benefits (Rs.)
|
|
Accidental death
coverage
|
10 Lakhs
|
4 Lakhs
|
|
Permanent total
disability
|
10 Lakhs
|
8 Lakhs
|
|
Permanent
partial disability**
|
8 Lakhs
|
N.A.
|
|
Accidental hospitalization
coverage
|
1 Lakh
|
50,000
|
|
Loss of
earning/Income coverage for 48 weeks*
|
3,000 p.w.
|
3,000 p.w.
|
|
Child education
coverage for 48 months
|
5,000 p.m.
|
2,000 p.m.
|
|
Loan protection
for 12 months
|
10,000 p.m.
|
4,000 p.m.
|
|
Family
transportation allowance
|
10,000
|
N.A.
|
|
Repatriation and
funeral expenses
|
12,500
|
5,000
|
|
Annual premium including service tax
|
1,750
|
999
|
The term: N.A. indicates Not applicable.
p.w. indicates
per week benefits.
p.m. indicates per month
benefits.
** This benefit shall be as per description by the company as per the body part.
* This benefit shall be on an indemnity basis (maximum
actual weekly earning before the accident). A person who is not gainfully
employed will receive a maximum of Rs. 8,000 as the loss of earning benefit,
regardless of the number of units purchased.
Plan
1 is restricted to proprietors and family.
Plan 2 is restricted to employee of age 18 years or above.
Along with the above described plan's there is a group personal accident policy for employees of age 18 years or above, which is provided to firm or company with minimum 5 employees, where the body parts of employees are also covered, the premium rates applicable depends on the type of industry, employee's everyday activities they need to perform and their respective salaries or wages.