Student accidental insurance covers accidental death, permanent total and partial disability, temparary disability, OPD medical expenses for accidents and add-ons such as broken bones cover, terrorism.
Within group personal accident insurance for students, one earning parent of the student can also get the coverage. In case of the death of the insured parent, full sum insured will be paid to nominee.
Customization of student accident insurance is available to make it possible to fnd the optimal combination of risks covered and price.
100% of sum insured will be paid if the insured dies. And in case of diability, a pre-defined amount will be paid. Amount for other add ons like repatriation of remains, funeral expenses are also pre-determined.
Students Group Personal Accidental Insurance or Student Safety Insurance policies are offered to educational institutions such as schools, colleges, etc. for the benefit of their students. The policy is issued under the name of the education institute and the claim is paid out to the guardian or parent of an affected student. Once the institution purchases a Student Safety Insurance, all the students enrolled in the institution will be covered automatically. Institution can add coverage to additional students, by paying additional premium.
Accidental Death Benefit
Accidental Disabilities Covered
Medical Expenditure
Student personal accidental policy helps in providing reimbursement for hospitalization expenses and medical expenses incurred due to accident or injury to a student or the covered parent.
Below is the compensation generally offered under the Student’s Group Personal Accidental Cover bought by educational institutes:
Permanent Total Disablement (from other injuries than the ones mentioned below) | Rs. 10,000 |
Loss of both limbs and both eyes | Rs. 10,000 |
Loss of one limb and one eye | Rs. 10,000 |
Loss of one limb | Rs. 5,000 |
Loss of one eye | Rs. 5,000 |
Death | Rs. 10,000 |
Permanent partial disablement | Limit of up to Rs. 500 per accident (capital benefit Rs. 10,000) |
It is important to note that all insurers have different coverage policies, so it's advised to check with your specific insurer for accurate information.
Some of the features provided under the Student Safety Insurance include:
Buyer should note the the insurance coverage varies by provider, so please consult your insurer or us to confirm what is included in your policy.
The following are exclusions under the policy for which insured cannot make a claim:
One has to submit below documents in case of hospitalization due to an accident:
The following are requirements under the policy for claim death benefits under the policy:
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