Janta Personal Accident Insurance Policy
In our day to day lives, all of us are exposed to risks of accidents, though exposure to some is more than the others. Besides the man-made risks, the natural hazards like lightning, flood, earthquake etc. are equally responsible for accidents.
Although human life and sufferings can not be measured with money, but with a view to provide some relief to the injured person or members of his family in the event of an unfortunate fatal accident, an insurance cover known as Janata Personal Accident Insurance has been designed for individuals and members of various groups, particularly targeted to the economically weaker sections of society, since the maximum Sum Insured permissible is Rs. 1,00,000/- only per person under the Policy.
Death and Permanent Total Disablement
The policy covers Death and Permanent Total Disablement due to an accident.
Minimum Sum
The minimum Sum Insured per person per annum is Rs 25,000.
Sum Insured
A higher Sum Insured can be chosen in multiples of Rs 5,000 subject to a maximum of Rs.1,00,000.
The Policy provides for payment of specified amount (benefit) on happening of specified contingency due to an accident. An accident may include events like:
Rail, road, air accident.
Injury due to any collision / fall.
Injury due to bursting of gas cylinder.
Snake bite, frost bite.
Burn injury, drowning, poisoning, etc.
This is only an illustrative list, not an exhaustive list.
If at any time during the currency of this Policy, the Insured shall sustain bodily injury resulting solely and directly from accident caused by external, violent and visible means, then the Company shall pay to the Insured or his legal representative, as the case may be, the sum or sums as under:
SUMMARY OF BENEFITS
|
Contingency |
Amount of Compensation |
|---|---|---|
1 |
Death |
100% Capital Sum Insured |
2 |
Loss of two limbs wo eyes, or one limb and one eye |
100% Capital Sum Insured |
3 |
Loss of one limb or one eye |
50% Capital Sum Insured |
4 |
Permanent Total Disablement from injuries other than those named above |
100% Capital Sum Insured |
Intentional self injury, suicide or attempted suicide, venereal disease or insanity.
The Insured being under the influence of intoxicating liquor or drugs.
Death or disablement resulting from pregnancy or child birth.
The Insured committing any breach of law with criminal intent.
Engaging in aviation or ballooning or whilst mounting into or dismounting from or travelling in a balloon or aircraft other than as passenger (fare paying or otherwise) in any duly licensed standard type of aircraft.
Engaging in dangerous sports as listed in the Policy.
Contracting any illness directly or indirectly arising from or attributable to HIV or any HIV related illness including AIDS and/or any mutant derivative or variation of HIV or AIDS.
War and allied perils.
Nuclear perils.
