Shriram Personal Accident
Shriram Personal Accident
PX step

Get Instant Quotes

1

2

Cover For
D.O.B (eldest member)
Coverage

Shriram Personal Accident Insurance

Shriram General Insurance is one of the largest general insurance companies in India. It started as a joint venture between Sanlam Limited (South Africa) and Shriram Capital Ltd. Since September 2012, the stake of Sanlam Limited has been transferred to Shriram Capital Ltd. The insurance company is indulged in offering various types of general insurance products across the motor, home, travel, personal accident, and other segments.

Accidents are common these days. To better equip the Indian people, the company has introduced Shriram Personal Accident Insurance that offers financial compensation in case the insured suffers an accident resulting in bodily injuries or death.

Shriram Personal Accident Insurance Plans

The Shriram Personal Accident Insurance offers financial assistance for accidental death and bodily injuries resulting in permanent/temporary disability. Mentioned below are different types of Shriram Personal Accident Insurance plans:

1. Individual Personal Accident

This type of personal accident insurance is available for self and family members in case of damage or loss caused due to an accident resulting in death, loss of limbs, permanent/partial disability, etc. Also, this policy can be purchased by any person who is earning by any means.

2. Group Personal Accident Insurance

This insurance policy can be availed if you are an employer and want your employees to be safe and covered. All types of organizations can buy them as it's available at a low cost.

3. SGI Personal Accident Insurance Plans

This personal accident insurance plan is offered with multiple coverages. There are four different types of insurance plans- Basic Plan, Basic Plus Plan, Advance Plan, and Comprehensive Cover. Let's take a look at them.

Basic PlanBasic Plus PlanAdvance PlanComprehensive cover
Accidental Death & DisappearanceAccidental Death & DisappearanceAccidental Death & DisappearanceAccidental Death & Disappearance
Transportation of Mortal RemainsTransportation of Mortal RemainsTransportation of Mortal RemainsTransportation of Mortal Remains
Children's Education BenefitChildren's Education BenefitChildren's Education BenefitChildren's Education Benefit
Permanent Total DisablementPermanent Total DisablementPermanent Total Disablement
Permanent Partial DisablementPermanent Partial Disablement
Temporary Total Disability

Eligibility Criteria

Entry Age18-70 years
Sum InsuredUp to 5 Lakhs

Features of Shriram Personal Accident Insurance

Shriram Personal Accident Insurance comes with various forms of benefits. Let's take a look at some of its notable benefits-

  • The policyholder can avail 100% sum insured for accidental death and permanent total disability.
  • In case the insured suffers accidental death or permanent total disability, the insurer will offer an education fund to the insured's dependent children (maximum 2).
  • The insurer will compensate for the transportation of mortal remains from the place of death to the hospital or burial ground. The compensation will amount to the lower of Rs.5,000 or 2% of the sum insured
  • The insurer will compensate if the insured meets with an accident resulting in bodily injury and is admitted to the hospital for 24 hours or more (under Accidental Hospitalisation Cover).
  • If the insured dies or becomes disabled (permanent/temporary) due to an accident, the insurer will reimburse the cost of treatment obtained from a medical practitioner.

How Can I Buy Shriram Personal Accident Insurance Online?

Shriram General Insurance offers easy and quick steps to purchase the insurance policy online. Follow the below-mentioned steps to purchase the same:

  • Visit the official website of Shriram General Insurance.
  • Click 'Personal Accident' and then 'Buy New PA Policy'.
  • Click 'Buy Now' under the customer icon.
  • Enter the details required and make payment.
  • After the payment of the premium, you will receive the soft copy of the policy on your registered email id.

How Can I Renew My Shriram Personal Accident Insurance Policy Online?

Follow the below-mentioned steps to renew your Personal Accident Insurance quickly:

  • Visit the official website of Shriram General Insurance.
  • Click 'Personal Accident' and then 'Renew Shriram Policy'.
  • Enter the policy number and click 'Proceed'.
  • Check your premium details and proceed further to make payment.
  • After the payment, you will receive the notification on your registered email id and mobile number.

What Are The Exclusions Under The Shriram Personal Accident Insurance?

The following are the major exclusions under Shriram Personal Accident Insurance:

  • Suicide or attempted suicide.
  • Self-inflicted injury.
  • Loss under the influence of drugs or alcohol.
  • Participation in military activities.
  • Pregnancy-related issues.
  • Committing breach of law with criminal intent.

Shriram Personal Accident Insurance : FAQ's

The Shriram General Insurance offers 24 hours coverage for the policy.

Yes, it is important to submit a medical report at the time of filing a claim.

If you are not well-versed with the online mode of filing claims, you can go for offline mode. For this, you need to visit the nearest branch of the company.

Last updated on 16-10-2020