Shagun

Key Feature

A Gift giver can gift this Shagun to family, friends, extended family and even domestic helpers, chauffeurs, drivers, cook, etc.
Gift Receiver can be in the age group of 18 years to 65 years
Policy Can be availed for up to 1 Year

Coverage

This policy covers the following subject to the terms and conditions:

Accidental Death (AD) - The Sum Insured is paid out to the nominee in case of accidental death of the Insured Person

Permanent Total Disablement (PTD) - If accidental bodily injury causes permanent total disablement then a percentage of Sum Insured is paid to the Insured Person. Additionally, the below covers are also included:

Education Benefit 1% of the Sum Insured or Rs 50,000, whichever is lower is paid towards education benefit of up to maximum of 2 children
Adaption Allowance - 1% of the Sum Insured or Rs 25,000, whichever is lower is paid towards cost of modifying house or vehicle

Permanent Partial Disability (PPD) - If accidental bodily injury causes permanent partial disablement then Sum Insured percentage as per

Annexure A
Ambulance Cover - 10% of the Sum Insured subject to maximum of Rs. 100,000 will be paid towards expenses incurred for availing an Ambulance Service (including air ambulance) to transfer the Insured Person to a Hospital from the location of Accident or Injury or from one Hospital to other Hospital or from hospital to place of residence in case of Accidental Death or Permanent Total Disablement (Subject to admissible claim under policy and transit within India Only)

Hospital confinement allowance (HCA) - Daily Benefit for each Day insured remains in a Hospital due to Injury or Accident subject to maximum coverage for 15 days for the entire policy period will be paid. (Subject to hospitalization within India Only

Major Exclusion

Accident resulting from Suicide, attempted suicide (whether sane or insane) or intentionally self-inflicted injury, mental or nervous disorder.

Accident arising out of and in the course of employment in any branch of the Military or Armed Forces of any country, whether in peace or War.

Accident while being under the influence or abuse of drugs, alcohol, or other intoxicants or hallucinogens unless properly prescribed by a physician and taken as prescribed

Participation in an actual or attempted felony, riot, crime, misdemeanor, or civil commotion

Accident during air travel except as a fare paying passenger on a recognized airline or charter aircraft

Accident while operating or learning to operate any aircraft or ship, or performing duties as a member of the crew on any aircraft or ship.

Any accident/loss arising out of War, civil war, invasion, insurrection, revolution, act of foreign enemy, hostilities (whether War be declared or not), rebellion, mutiny, use of military power or usurpation of government or military power Any injury caused by, contributed to, by or arising from nuclear ionizing radiation or contamination by radioactivity from any nuclear fuel or from any nuclear waste or from the combustion of nuclear fuel (including any self-sustaining process of nuclear fission) or nuclear weapons material or nuclear equipment or any part of that equipment

The dispersal or application of pathogenic or poisonous biological or chemical materials; The release of pathogenic or poisonous biological or chemical materials, or Congenital anomalies or any complications or conditions arising there from participation in winter sports, skydiving/parachuting, hand gliding, bungee jumping, scuba diving, ballooning, mountain climbing (where ropes or guides are customarily used), all forms of skiing (including but not limited to snow or water), riding or driving in races or rallies using a motorized vehicle or bicycle, caving or pot-holing, hunting or equestrian activities, skin diving or other underwater activity, rafting or canoeing involving white water rapids, yachting or boating outside coastal waters (2 miles), participation in any Professional Sports, any bodily contact sport or/and any other hazardous or potentially dangerous sport for which You are untrained
Any loss resulting directly or indirectly, contributed or aggravated or prolonged by childbirth or from pregnancy

Committing breach of law with criminal intent
Loss caused directly or indirectly, wholly or partly by infections (except pyogenic infections which shall occur through an accidental cut or wound) or any other kind of disease.