Acko Personal Accident Policy: Plans, Benefits & Coverage | PolicyX
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Acko Personal Accident Policy

ACKO Personal Accident policy covers accidental hospitalization expens ...Read More

Up to 1 Crore
Sum insured
1
No. of plans
17+
Pan India presence
96.31%
Claim settlement ratio
🛡️ IRDAI Approved
⭐ 4.4/5 · 2,709 reviews
🏥 14,300+ hospitals
📊 2.30 solvency ratio
✅ 96.31% claim settlement

About Acko Personal Accident Policy

A quick read on what this Acko Health Insurance plan covers and why it might be a fit for you.

The Acko Personal Accident Policy is designed to protect you financially if an accident leads to injury, disability, or death. It covers situations like road accidents, falls, or slips and pays compensation to help manage medical costs or support your family during emergencies. Since accidents are sudden and treatment can be expensive, this policy acts as a simple safety net so you don’t have to depend only on savings.

You can also combine this cover with other plans for better protection, such as health insurance, car insurance, or life insurance. It is flexible and can be customized with add-ons based on your needs, making it useful for anyone looking to secure their finances against unexpected accidents.

The Acko Personal Accident Policy is a safety net that can protect you from financial distress and help you recover rather than worrying about inflating healthcare costs. You can also buy the Acko Personal Accident Cover with different insurance combinations, such as:

  • Personal accident cover with health insurance
  • Personal accident cover with car insurance
  • Personal accident cover with life insurance
  • Add-on covers to customize coverage benefits

To understand the specifications, benefits of buying an Acko Personal Accident Plan, and exclusions of the Acko Personal Accident Cover, scroll down. When it comes to buying an accident cover insurance policy, the goal should be clear and impactful.

Plan at a glance

Eligibility, sum insured options and policy mechanics — pulled straight from the policy wording.

Entry age
Minimum 18 years
Plan type
Accident Health Insurance
Sum insured options
₹25 L
Waiting period
Accidental death covered from Day 1
Renewability
NA
Policy term
1 Year

*Initial Waiting Period is the time period between the issuance of the policy and the time it starts actively. During this period, a policyholder has to wait to avail of the benefits offered under a health insurance plan.

Pros & cons

A quick honest summary — the strengths and the trade-offs.

Pros

  • Zero waiting period
  • Accidental death cover
  • No health check-up required

Cons

  • Pre and post-hospitalisation not covered
  • ICU cover not available
  • OPD not covered

What's covered

Every CMS-driven coverage flag from the plan wording — only items with a published value render below.

Hospitalization

  • Room rent Not covered
  • ICU charges Not covered
  • Pre-hospitalization Not covered
  • Post-hospitalization Not covered
  • Domiciliary hospitalization Not covered
  • Day-care treatment Not covered
  • OPD charges Not covered
  • Covid-19 treatment Not covered
  • Cataract Not covered

Bonuses & restoration

  • No-claim bonus Not covered
  • Automatic restoration of SI Not covered
  • Daily hospital cash Not covered

Family & special care

  • Maternity cover Not covered
  • New-born baby cover Not covered
  • IVF treatment Not covered
  • AYUSH treatment Not covered
  • Organ donor expenses Not covered

Modern & preventive care

  • Modern treatment Not covered
  • Road ambulance Not covered
  • Air ambulance Not covered
  • E-consultation Not covered
  • Health check-up Not covered
  • Second medical opinion Not covered
  • Vaccination Not covered

Conditions & global

  • Co-payment Not covered
  • Sub-limits Not covered
  • Compassionate travel Not covered
  • Global coverage Not covered

Video reviews

Walkthroughs from the PolicyX team — pros, cons, real claim experiences and who should buy.

Acko Health Insurance

Acko Health Insurance

This video talks about Acko Health Insurance in detail. It talks about the Solvency Ratio, Claim Support Ratio which helps an individual to analyze the Claim settling ability of the Insurer.

Specifications of Acko Personal Accident Policy

Factors Specifications
Accidental Death In case of the insured’s death due to an accident, the company will pay a lump sum amount to manage their basic lifestyle. Additionally, they cover the expenses related to the insured’s last rites.
Aid for Accidental Injuries If the insured person goes through an accidental emergency and needs medical care for injury treatment, the insurer will pay out financial aid up to a specified limit.
Permanent Partial Disability In such a case of PPD, if the policyholder needs assistance with residential modification or transportation, the company will pay the incurred expenses.
No Pre-Policy Medical Check-up Acko's accidental insurance policy is different from any random health plan in the market. You need not worry about going through medical and physical examinations, saving your time and money.

Benefits of Acko Personal Accident Policy

  1. Common Injuries Covered

    This policy covers some of the common types of injuries, including:

    • Broken bones
    • Concussions
    • Spinal injuries
    • Burns
    • Loss of limbs
    • Permanent vision impairment

  2. Financial Security

    If the insured has met with an accident that caused any kind of disablement listed in the policy prospectus, the company will cover medical bills and day-to-day expenses up to a specified limit.

  3. Affordability

    The Acko Personal Accident Policy comes with an affordable monthly premium option that won’t strain your finances.

  4. 24/7 Coverage

    You need not worry about any spontaneous medical expenses, as you are under the umbrella of Acko’s Personal Accident Cover.

  5. Tax Benefits

    Avail tax benefits against the paid policy premiums under Section 80D of the Income Tax Act.

Inclusions & exclusions

What the plan pays for, and what it doesn't.

Exclusions

  • Self-inflicted injuries
  • Alcoholism or drug abuse
  • Participation in life-threatening or adventurous activities
  • Suicidal attempts
  • War and acts of terrorism
  • Pre-existing conditions
  • Criminal intent and complications arising from it
  • Note: These are standard exclusions, but they might differ from the exact ones in your policy. For a detailed list of exclusions (what’s not covered), please check the terms & conditions of your policy documents. Remember, all variants of this plan have different sets of exclusions, so read carefully before buying or claiming your policy.

Who can buy this plan

Eligibility criteria pulled straight from the policy wording.

  • Min. Entry Age: 18 Years
  • Max. Entry Age: 70 Years
  • SI: - NA
  • Initial Waiting Period: - Day 1 Coverage For Accidental Death

Other features & benefits

  • Accidental death and disability
  • Permanent and total disability
  • Aid to uncertain injuries

Acko Personal Accident Policy: FAQs

The 4 most-asked questions about Acko Personal Accident Policy, answered.

Individuals aged between 18-70 years can buy this policy.
No, only Indians and people living in India can buy the Acko personal accident plan.
The Acko personal accident cover is built to be accessible by all, hence there’s no need for a pre-policy medical check-up before buying the policy.
The payable premiums depend upon the coverage amount you choose, age, health and medical history, add-on covers, type of occupation, and so on.

Conclusion

An accidental mishap can be devastating. However, with proper planning, you can be prepared.

Explore Acko Health Insurance

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Written and reviewed by

PolicyX content is researched in-house and reviewed by an IRDAI-certified insurance specialist before publication.

Written by Simran Nirala — Health & Term Insurance Reviewed by Anchita Bhattacharyya — Health, Term & Life Insurance
Last updated: 5 Jul 2024 · Originally published: 27 Sep 2024

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