Group
Accident Death & Dismemberment
Insurance
PRODUCT
FEATURES
This
coverage guarantees compensation for permanent
disability of death due to accidental injuries. In case of death
of the insured, the beneficiary will receive a lump sum
payment.
This
cover is extended 24 hours a day
worldwide.
Employees
under 65 years of age are entitled to join the
scheme.
BENEFITS
Dismemberment
Benefit
In
case of dismemberment caused by accidents, an amount
equal to 10% to 100% of the sum assured shall be
payable.
Burns
Benefit
In
case of burns caused by accidents, an amount equal to
10% to 100% of the sum assured shall be
payable.
Death
Benefit
In
case of death caused by accidents within 180 days, a
lump sum amount shall be payable.
Schedule
of indemnities
Table
One: Dismemberment Indemnity
|
Grade |
Item |
Details of
Dismemberment |
% Sum
Assured |
|
1 |
1 |
Permanent and full loss of
sight in both eyes |
100% |
|
2 |
Loss of both upper limbs at
or above the wrist or of both lower limbs at or
above the ankle |
|
3 |
Loss of one upper limb at
or above the wrist and of one lower limb at or
above the ankle |
|
4 |
Loss of sight in one eye
and of one upper limb at or above the
wrist |
|
5 |
Loss of sight in one eye
and of one lower limb at or above the
ankle |
|
6 |
Permanent and full loss of
function of joints of the
limbs |
|
7 |
Permanent and full loss of
function in mastication and ability to
swallow |
|
8 |
Incapable to perform daily
activities independently without the support of
another person and incapable to undertake any
occupation in their lifetime due to the loss of
function of the central nervous system or of an
internal organ |
|
2 |
9 |
Permanent loss of function
of two or more major-joints of both upper limbs or
both lower limbs or both an upper limb and a lower
limb |
75% |
|
10 |
Complete loss of
fingers |
|
3 |
11 |
Permanent loss of one upper
limb or above the wrist or of function in three
major-joints of an upper
limb |
50% |
|
12 |
Permanent loss of one lower
limb or above the ankle or of function in three
major-joints of a lower
limb |
|
13 |
Permanent
loss of hearing |
|
14 |
Permanent loss of function
of joints of all fingers |
|
15 |
Complete loss of toes |
|
4 |
16 |
Permanent total loss of
sight in one eye |
30% |
|
17 |
Permanent
loss of function in two major-joints of a upper
limb |
|
18 |
Permanent loss of function
of two major-joints of a lower
limb |
|
19 |
Loss of four
or more fingers including thumb and forefinger on
one hand |
|
20 |
Permanent
shortening of a leg by at least 5cm |
|
21 |
Permanent loss of
speech |
|
22 |
Permanent loss of function
of all toes |
|
5 |
23 |
Permanent loss of function
of one major-joint of a upper
limb |
20% |
|
24 |
Permanent loss of function
of one major-joint of a lower
limb |
|
25 |
Loss of thumbs from two
hands |
|
26 |
Total loss of toes from one
foot |
|
27 |
Defect in two
eyelids |
|
28 |
Permanent loss of hearing
in one ear |
|
29 |
Defect in nasal passage and
severe dysosmia |
|
6 |
30 |
Loss of forefinger and
thumb of one hand or of more than three fingers
including thumb or
forefinger |
15% |
|
31 |
Permanent loss of function of
more than three fingers including thumb or
forefinger |
|
32 |
Permanent loss of function of
toes from one foot |
|
7 |
33 |
Loss of forefinger and thumb
of one hand or of either two or more fingers such
as middle finger, ring finger and little finger
|
10% |
|
34 |
Permanent loss of function of
thumb and forefinger of one hand |
Table Two: Burns
Indemnity
|
Area Burnt |
Percentage of skin damage% |
Indemnity % |
|
Head |
2%-5% |
50% |
|
5%-8% |
75% |
|
8% and over |
100% |
|
Body and Limbs |
10%-15% |
50% |
|
15%-20% |
75% |
|
20% and over |
100% |
Group Double Indemnity
Rider
PRODUCT FEATURES
The primary purpose of this
insurance cover is to ensure that if the insured
sustains injuries due to an accident and as a result is
disabled permanently, or suffers loss of certain parts
of his body, he is duly compensated for his plight.
In case of death of the insured, the
beneficiary will receive a lump sum payment.
This cover is extended 24 hours a
day worldwide.
Employees under 65 years of age are
entitled to join the scheme.
BENEFITS
Dismemberment
Benefit
In case of dismemberment caused by
special accidents, an amount equal to 10% to 100% of the
sum assured shall be payable.
Burns Benefit
In case of burns caused by special
accidents, an amount equal to 10% to 100% of the sum
assured shall be payable.
Death Benefit
In case of death caused by accidents
within 180 days, a lump sum amount shall be
payable.
Schedule of indemnities
| 
