Tata AIG - Accident Guard Policy
General Insurance Company
Tata AIG General Insurance Company is a joint venture between the Tata Group and American International Group (AIG), multinational Insurance Corporation based in US. Tata AIG offers complete range of general insurance products and strive to provide innovative and customer specific insurance products in retail and commercial space.
Toll Free line: 1800-266-7780
E-mail: customersupport@tata-aig.com
This policy offers compensation in case of death or bodily injury to the insured person, directly and solely as a result of an accident, by external, visible and violent means.
Unique Features of Tata AIG - Accident Guard Policy
Double Dismemberment benefit for children: For your children who are automatically insured, Dismemberment (covers for the bodily injury resulting in dismemberment of any body part or loss of sight or hearing as per table of losses, occurring within 180 days from the date of accident which caused injury) benefit doubles.
Tuition Benefit: In case of accidental death, 10% of principal sum insured or the actual tuition charged by the institution whichever is lower, is paid towards your children's education benefit
Repatriation of remains: An amount up to a maximum of Rs. 5,000 will also be reimbursed for the repatriation of the insured person’s remains.
Accidental Weekly Benefit - Upto 52 weeks will be paid under this policy
Home Alteration and Vehicle Modification Benefit: In case of a Permanent Total Disability or Dismemberment, a compensation will be reimbursed towards the cost of modifying your house or vehicle, to combat Disability.
Family transportation: When as a result of an accident, the principal insured is confined in a hospital outside 150 kms of his residence, we will reimburse the actual transportation expenses.
Eligibility Criteria for Tata AIG - Accident Guard Policy
| Category | Details | |||||||
|---|---|---|---|---|---|---|---|---|
| Age Group | Min Entry Age: 18 Years Max Entry Age: 65 Years Min Entry Age: 6 Months Max Entry Age: 18 Years (dependent children) (23 years incase of Higher Education) |
|||||||
| Renewal Age | Life Long Renewal | |||||||
| Sum Insured | Rs. 5 lacs up to Rs. 1 Crore | |||||||
| Policy Tenure | 1 Year | |||||||
| Family Definition | Individual & Family - Self, Spouse and Children | |||||||
Product Benefits of Tata AIG - Accident Guard Policy
| Benefits | Description | ||||||
|---|---|---|---|---|---|---|---|
| Accidental Death | 100% of Sum Insured | ||||||
| Accidental Dismemberment | As per the limits specified in the table | ||||||
| Permanent Total Loss of Use | As per the limits specified in the table | ||||||
| Temporary Total Disability | As per the limits specified in the table | ||||||
| Tuition Benefit (children's education benefit) | 10% of Sum Insured or actual whichever is less (Payable in case of Accidental Death claim paid) | ||||||
| Repatriation of remains | Maximum Rs. 5000 | ||||||
| Home Alteration and Vehicle Modification Benefit | Maximum Rs. 1 Lac | ||||||
| Family transportation | Maximum Rs. 50000 | ||||||
| Double Dismemberment benefit for children | Accidental Dismemberment benefit doubles | ||||||
| Escalation Benefit | The principal sum for any Insured Person will be increased by five (5%) percent on each anniversary date of the policy provided there is no interruption in coverage. The total of all increases is limited to twenty five (25%) percent. | ||||||
Add-ons for Tata AIG - Accident Guard Policy
Accidental Weekly Benefit - Up to 52 Weeks
Additional discounts for Tata AIG - Accident Guard Policy
Not Available
Exclusion in Tata AIG - Accident Guard Policy
Accidental Bodily Injury that you meet with or arises out of:
- Loss caused directly or indirectly, wholly or partly by infections (except pyogenic infections which shall occur through an accidental cut or wound) or any other kind of Disease
- Suicide, attempted suicide (whether sane or insane) or intentionally self-inflicted Injury or Illness, or sexually transmitted conditions, mental or nervous disorder, anxiety, stress or depression, Acquired Immune Deficiency Syndrome (AIDS), Human Immune deficiency Virus (HIV) infection.
- Serving in any branch of the Military or Armed Forces of any country, whether in peace or War, and in such an event We, upon written notification by You, shall return the pro rata premium for any such period of service during the circumstances described in a Hazard
- Being under the influence of drugs, alcohol, or other intoxicants or hallucinogens unless properly prescribed by a Physician and taken as prescribed
- Participation in an actual or attempted felony, riot, crime, misdemeanor, or civil commotion
- Operating or learning to operate any aircraft, or performing duties as a member of the crew on any aircraft
- War, civil War, invasion, insurrection, revolution, act of foreign enemy, hostilities (whether War be declared or not), rebellion, mutiny, use of military power or usurpation of government or military power, etc.
Claim Process for Tata AIG - Accident Guard Policy
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