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.
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:
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.
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.
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 Plan||Basic Plus Plan||Advance Plan||Comprehensive cover|
|Accidental Death & Disappearance||Accidental Death & Disappearance||Accidental Death & Disappearance||Accidental Death & Disappearance|
|Transportation of Mortal Remains||Transportation of Mortal Remains||Transportation of Mortal Remains||Transportation of Mortal Remains|
|Children's Education Benefit||Children's Education Benefit||Children's Education Benefit||Children's Education Benefit|
|Permanent Total Disablement||Permanent Total Disablement||Permanent Total Disablement|
|Permanent Partial Disablement||Permanent Partial Disablement|
|Temporary Total Disability|
|Entry Age||18-70 years|
|Sum Insured||Up to 5 Lakhs|
Shriram Personal Accident Insurance comes with various forms of benefits. Let's take a look at some of its notable benefits-
Shriram General Insurance offers easy and quick steps to purchase the insurance policy online. Follow the below-mentioned steps to purchase the same:
Follow the below-mentioned steps to renew your Personal Accident Insurance quickly:
The following are the major exclusions under Shriram Personal Accident Insurance:
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