Covers accidental death, permanent disability and temporary total disability. It also covers medical expenses linked to accident.
It is possible to have varying sum assureds for different companies. Coverage can vary by grade, designation, profile, salary and marital status.
Add-ons are available to cover education expenses for children in case of parent's death.
Benefit amount for disability payable as lumpsum, not linked to actual expenses incurred for treatment. Amount payable over and above Group Health Insurance claim.