IPPB Group Accident Gaurd Policy (GAG)I IPPB Tata AIG Group Accident Gaurd Policy 2022

By | November 1, 2022

                                               IPPB Group Accident Gaurd Policy (GAG)I IPPB Tata AIG Group Accident Gaurd Policy 2022

IPPB Group Accident Gaurd Policy (GAG)I IPPB Tata AIG Group Accident Gaurd Policy A new Group Accident Guard Policy product (General insurance) is launched & enabled in IPPB micro Atm from 16th June 2022 This is a very good insurance scheme provided to all IPPB customers. Insurance cover of Rs. 10 lakh at just {399 including tax. Plus lot of additional benefits. Please go thorough the above pamphlet & video once for login procedure. Requesting all micro Atm end-users to kindly publicize this product & do at least 1 policy & get activated.

A latest Group Accident Guard Insurance Policy has been launched by India Post in combination with TATA AIG for covering a large group of people against accident related hospitalization. It has been enabled from June 16, 2022 in all the micro ATMs of IPPB.

This is a great insurance plan that is offered to all the customers of IPPB. This plan offers a coverage of 10 lakhs at a very small premium of Rs. 399. Read further, to understand what is covered and not covered in this group plan.

IPPB Group Accident Gaurd Policy (GAG)I IPPB Tata AIG Group Accident Gaurd Policy

Official Notificatan : Click Here

Official Website :  Click Here

  • Key Features of IPPB TATA AIG Group Accident Gaurd Policy:
  • Accidental Death Coverage of Rs.10,00,000
  • Permanent Total Disability Coverage of Rs.10,00,000
  • Permanent Partial Disability Coverage of Rs.10,00,000
  • Accidental Dismembernment and ParalysiS Coverage of Rs.10,00,000
  • Accidental Medical Expenses IPD Fixed upto Rs.60,000 or actual claims, whichever is lower
  • Post Tax Premium Rs.399
  • Accidental Death Coverage of Rs.10,00,000/-
  • Permanent Total Disability Coverage of Rs.10,00,000/-
  • Permanent Partial Disability Coverage of Rs.10,00,000/-
  • Post Tax Premium Rs.399
  • Accidental Medical Expenses OPD
  • Fixed up to Rs.30,000/- or actual claims, whichever is lower
  • Education Benefit
  • 10% of SI or Rs.1,00,000/- or actual, whichever is lower for maximum 2 eligible Children
  • In-Hospital Daily Cash
  • Rs.1,000 per day up to 10 days (1 day deductible)
  • Family Transportation
  • Benefits 25,000/- or actual, whichever is lower
  • Last Rites Benefit 5,000/- or actual, whichever is lower
  • Accidental Dismemberment and Paralysis Coverage of Rs.10,00,000/-
  • Accidental Medical Expenses IPD Fixed upto Rs.60,000/- or actual claims, whichever is lower
  • Accidental Medical Expenses OPD Fixed up to Rs.30,000/- or actual claims, whichever is lower

What’s NOT Covered in Group Accident Insurance or Group Accident Guard?

  • Dangerous sports
  • HIV/AIDS
  • Pre-existing Diseases
  • Seasonal Diseases
  • Bacterial Infections
  • Illegal acts
  • Wars
  • Military services
  • Military operations
  • Suicide

Please note: The entire information in this article isn’t absolute & it’s subject to change. It may differ from policy to policy & insurer to insurer.

For more details, visit coverfox.com or connect with our insurance experts who will guide you more on Group Accident Insurance.