Royal Sundaram Health Personal Accident Policy

Overview

Royal Sundaram Personal Accident Policy safeguards insured individuals against loss of income, provides the best medical care, and ensures your children's education. The plan also offers 24/7 global coverage, family coverage, protection that grows every year, and a free look period for customers. Royal Sundaram Accident Policy provides coverage for:

• Accidental Death
• Permanent Total Disability
• Permanent Partial Disability
• Temporary Total Disability
• Accidental Hospitalization, and more.

The plan offers multiple sum insured options ranging from 2.5 Lakhs to 5 Crores, along with a 50% cumulative bonus and flexible premium payment options. Adults between 18 to 70 years can be covered under the plan, along with dependent children between 3 months to 25 years of age.

Royal Sundaram Personal Accident Policy Benefits

The Royal Sundaram Personal Accident Policy offers various in-built benefits that insured individuals can avail as per their medical requirements. To learn more about the plan's benefits, read the details mentioned below:

• Global Coverage

  Royal Sundaram Personal Accident Policy offers insured individuals 24/7 global coverage assistance for up to INR 1 Crore, regardless of where they are in the world. This facility ensures efficient medical care.

• Optional Covers Available

  Various optional covers are available under the Royal Sundaram Personal Accident Policy, such as Temporary Total Disablement, 10% of the sum insured for hospitalization expenses due to accident, and 10% of the sum insured per child for an education grant.

• Cumulative Bonus

  Royal Sundaram Personal Accident Policy offers insured individuals a 5% no-claim bonus, subject to a maximum of 50% of the Sum Insured (SI).

• No Waiting Period

  When you invest in the Royal Sundaram Personal Accident Policy, the insured individual can avail of coverage without serving any initial waiting period. Coverage starts the moment the policy is purchased.

• Flexible Premium Payment

  Royal Sundaram Personal Accident Policy offers flexible premium payment options to insured individuals, including Monthly, Quarterly, Half-Yearly, and Yearly options.

Royal Sundaram Personal Accident Policy Eligibility Criteria

Before investing in the Royal Sundaram Personal Accident Policy, customers must fulfill the following eligibility criteria:

Royal Sundaram Personal Accident Policy Coverage

Individuals who opt for the Royal Sundaram Personal Accident Policy are assured of the following coverages:

Base Coverage

• Accidental Death - 100% of Sum Insured.
• Permanent Total Disablement - 100% of Sum Insured.
• Permanent Partial Disability - As per the defined disability conditions in the policy schedule.

Optional Coverage

• Temporary Total Disablement - 0.2% of SI per week, up to a maximum of 100 weeks.
• Hospitalization Expenses due to Accident - 10% of Sum Insured.
• Education Grant - 10% of the Sum Insured per child.

Other Benefits

• Cumulative Bonus - 5% for each claim-free year, subject to a maximum of 50% of SI.

Royal Sundaram Personal Accident Policy Risk Groups

The plan categorizes insured individuals into 4 different risk groups based on their occupation:

• Risk Class 1

  Skilled white-collar professionals with no exposure to occupational hazards, such as accountants, doctors, lawyers, architects, consulting engineers, teachers, bankers, and more.

• Risk Class 2

  Skilled white-collar individuals with minimal exposure to occupational hazards, such as builders, contractors, and engineers engaged only in superintending functions.

• Risk Class 3

  Skilled/semi-skilled individuals with moderate exposure to occupational hazards, such as delivery boys, diploma engineers working on shop floors, etc.

• Risk Class 4

  Unskilled individuals with high exposure to occupational hazards, such as loaders, mine workers, laborers, etc.

Exclusions

Permanent diseases or health conditions not included under Royal Sundaram Personal Accident Plan Exclusions are:

• Hospitalization due to war, riot, strike, and nuclear weapons
• Intentional self-injury
• AIDS
• Miscarriage and Abortion
• Congenital disease
• Infertility and in vitro fertilization

Royal Sundaram Personal Accident Policy provides all-around coverage to individuals and families against accidents and their consequences, such as temporary and partial disablement. The plan is equipped to support you and your family in case of any medical emergency. It is an apt plan as it is divided into 4 different risk classes, keeping in mind customers from all walks of life and professions.