Max Bupa Personal Accident Plan 2024 Benefits, Features, Buy & Renew Details, Reviews

Personal Accident Plan

A personal injury plan covers a variety of risks associated with an accident or other unforeseen event. Accidents not only change a person’s life, but also have a great impact on the members involved with the victim. Therefore, you should always look for a complete plan that takes care of not only yourself, but also family members and associated expenses.

• Accidental Death Plan.
• Permanent Total Disability Plan.
• Permanent Partial Disability Plan.
• Child Education Benefit Plan.
• Funeral Expenses.

Accidental Death:

In the event of death within 90 days of an Accidental Personal Injury that is directly caused solely by an accident, the insured amount will be paid as indicated in the policy.

Permanent Total Disability:

This plan covers up to 125% of the insured amount. Permanent Disability under this Plan means the inability of the Insured to perform at least one of the actions listed below.

• Unable to work:
• This means that the insured cannot work in any profession or occupation at any point in their life.
• Loss of use of limbs or vision:
• This means that the insured has suffered a complete and irreversible loss of use of her two limbs, or vision in both, or use of one limb and one eye.
• Loss of independent living:
• The same applies if the insured person cannot perform three or more tasks independently. Tasks can be categorized as:

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Permanent Partial Disability:

This is a system in which the insured person is compensated for a certain percentage of the residual disability insurance money (according to the table below) if the insured person is left with a residual disability solely due to an accident and suffers a residual disability within the next 90 days.

Child Education Benefit:

As parents prepare to send their children to school, they may be wondering what educational benefits their children will be entitled to. Here’s an overview of the main types of child education benefits, as well as the conditions that need to be met in order to qualify. Finally, we’ll provide a comprehensive guide to claiming these benefits, including steps you need to take if you’re thinking of doing so. So what are you waiting for? Begin planning for your child’s education today!

Only children are eligible for the insured person’s plan. In case of accidental death or permanent disability, he 5% of the insured amount or Rs 50000/-, whichever is lower.

• Funeral expenses :
• In case of accidental death, Rs.5000 will be paid for the funeral expenses of each insured person.
• Plan coverage:
  Both individuals and families are eligible for this plan.
• For individuals, the total amount is 100% of the insured person
• Family member (self, spouse, up to 2 children)
• Even at -100% of the insured amount
  Spouse – 50% of the sum insured or Rs 10 lakhs, whichever is lower. Children – 20% of the sum insured or Rs 2 lakhs, whichever is lower.

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Eligibility

Individuals aged between 18 years to 65 years are eligible to apply for this plan. And children aged between 5 years to 21 years are covered under this plan.

Features

• Guaranteed cash benefits:
• This plan provides guaranteed cash benefits permitted under the plan.
• Covered from day one.
• Plan duration:
• Discounts are available and the insurance period is two years.
• Direct Bill Settlement:
• Complaints will be handled by the company’s service team.
• Lifetime extension is possible within the framework of accident insurance. With this plan, coverage is available worldwide.
• This plan offers a 15-day free look period.

Exclusions Max Bupa Personal Accident Plan

Below are the exclusions that apply to this plan.

• Suicide or self-harm, whether the insured is healthy or mentally ill.
• War, aggression, hostilities, civil war, martial law, acts of foreign enemies, rebellion, revolution, riot, seizure of military force or power, riot or civil strife, whether or not war is declared.
• A change of occupation that increases the company’s risk after the plan commences unless the company approves and confirms it in the plan’s policy.
  Committing violence, crime, or breaking the law for criminal purposes.
• To serve in the armed forces or police forces of a country in war or peace, or to serve in the armed forces of an international organization, or to participate in peacetime naval, military or air operations. Accidental or other ingestion of intoxicating spirits, drugs, narcotics, drugs, tranquilizers or poisons, unless prescribed by a licensed physician other than the Policyholder or the Insured.
• Inhalation of gas or vapours, accidental or otherwise.
• Participation in non-paying passenger aviation on aircraft approved by the relevant authorities for the carriage of passengers between established airfields.
• Participation in professional sports or hazardous activities such as driving, horseback riding, racing, aquatic activities with or without respiratory equipment, martial arts, hunting, skydiving, mountaineering, bungee jumping.
• Physical or mental illness or other illness, unless it is directly caused by an accident during the insurance period. However, this exclusion does not apply to claims under permanent partial disability benefits.
• A disability resulting from a pre-existing medical condition not recognized by the company.

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Various ways and steps involved in  purchasing the Max Bupa Personal Accident Plan

Niva Bupa (formerly Max Bupa) plans can be purchased through various channels including: B. Niva Bupa (formerly known as Max Bupa) direct sales, through Niva Bupa (formerly known as Max Bupa) tele sales team or independent consultants, or through official websites, authorized brokers and agents; through the store. However, the most common are:

• Plans can be purchased online and no further underwriting or medical examination is required.
• You can also call the company’s toll-free number Monday through Saturday from 9:00 am to 6:00 pm.
• He can also visit one of the branches.
• Each customer is given a unique customer identification number in the Niva Bupa (formerly Max Bupa) system. Customer must provide the following information:
• Name, address and date of birth of the insured person.
• Same as above for all dependents covered by the plan.
• Choice of Health Insurance Benefits and Coverage.
• Details of existing health insurance plans and billing history, if any.
• Medical history of the proposed insured person. View previous illnesses with details.
• height, weight, BMI
• An underwriting process is run to process the form.

In the case of accident insurance, the amount insured is determined by the income of the insured person. Proof of income will be verified at the time of application.

• The maximum insurance amount offered to an employee is eight times her annual income of the former insured.
• The maximum insurance amount offered to the self-employed is eight times her annual net income declared on the primary insured person’s income tax return.

Conclusion

It’s no secret that healthcare bills can be extremely costly – especially if you’re injured in an accident. That’s why it’s important to have a reliable insurance plan in place, like the Max Bupa Personal Accident Plan. This policy offers excellent coverage for personal accidents, and can help you get the financial support you need to make a full recovery. In this final article, we’ll provide you with a summary of the key benefits of the Max Bupa Personal Accident Plan, and answer any remaining questions you may have.

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