Zero
paperwork
Reimbursement
of medical expenses
Worldwide
coverage
5% increasein sum insured*
Personal Accident Insurance is a safety shield that can secure your family by compensating for the financial loss due to your accidental death or disability.
We all have heard the saying—it's better to be safe than sorry! An accident can turn your life upside down in less than a minute.
With our Reliance General Personal Accident Insurance Policy, you can ensure all-round protection, covering not only accidental death and disability but also hospitalisation expenses, burns, fractures, trauma counselling and more.
Here is what you need to know about our insurance for personal accidents.
What Is Personal Accident Insurance?
Personal accident insurance, also referred to as PA cover, is a type of policy that offers financial support to you or your family in the event that bodily injuries due to accidents result in total/partial disability or death.
Insurance for personal accidents ensures financial stability during unforeseen accidents by providing a lump sum benefit in the event of accidental death, permanent total or partial disablement, repatriation of mortal remains and funeral expenses.
With our accidental insurance policy,
Reliance Personal Accident 360Shield, you can also benefit from a family shield that includes parental care, educational grants and loan protection. In addition, a personal shield covers personal belongings and payment card protection.
Furthermore, you have health and well-being coverage for added support and access to assistance services for educational counselling, financial and legal guidance, and more.
Types of Personal Accident Insurance Policies
We offer Reliance Personal Accident 360Shield in two types: Individual and Family (Non-Floater Basis).
Individual Personal Accident Insurance
The base cover offers a lump sum for accidental death, permanent total or partial disablement and repatriation of mortal remains and funeral expenses. In addition, it includes the following mandatory covers:
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A Personal shield for protection against personal belongings, such as your laptop and mobile phone and payment card protection.
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Health and Well-Being Covers for convalescence, rehabilitation, trauma counselling, and more.
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Assistance Services for educational counselling, financial guidance, legal assistance, and more.
Family Personal Accident Insurance
The personal accident policy also includes a mandatory cover, the Family Shield, in addition to the covers mentioned above.
The
Family Shield covers multi-member death or disability, parental care for mother and father, educational grants for dependent children, loan protection and EMI protection against home loans, vehicle loans, education loans, and more.
Reliance Personal Accident Insurance Policy
Reliance General Insurance offers the Reliance Personal Accident 360Shield Plan with four different plans, namely:
- ShieldPro
- ShieldPlus
- ShieldMax
- ShieldPrime
The coverage and benefits offered under each of these plan options vary. Therefore, it is important to read the policy wording thoroughly and compare the benefits to choose the best personal accident insurance plan.
Key Features of Reliance Personal Accident Policy
Our personal accident insurance solutions provide comprehensive coverage for a wide range of accidental scenarios. Below are the key features
|
Key Features of Personal Accident Insurance |
Details |
|
Base Coverage | - Accidental Death
- Permanent Total Disablement
- Permanent Partial Disablement
- Repatriation of Mortal Remains and Funeral Expenses
|
|
Sum Insured | Between ₹5 lakhs and ₹25 Crores |
|
Optional Covers | Wide range of optional covers, such as Temporary Total Disablement, Daily Hospital Cash, Accidental OPD, Adventure Sports, Cumulative Bonus, Hospitalisation and Related Covers, Enhanced Covers, and Travel Covers. |
|
Cumulative Bonus | 5% increase in sum insured for every claim-free year, subject to a maximum of 50% |
|
Worldwide Coverage | Benefits of PA cover in insurance applicable to accidents occurring anywhere across the globe |
|
Zero Paperwork | Seamless online purchase options |
|
Hassle-free Claim Settlements | Simple and convenient 3-step claim process |
|
Claim Settlement Ratio | 100%* claims settled |
*For FY 2021-22
List Customer Reviews on Reliance Personal Accident Insurance
Reliance Personal Accident Policy- Inclusions & Exclusions
The inclusions and exclusions applicable to personal accident insurance coverage are subject to certain terms and conditions. Therefore, it is essential to read through the policy document before purchasing the policy. Here are details of the basic covers and exclusions.
Personal Accident Insurance Cover - Inclusions
|
Inclusions |
Details |
|
Accidental Death | The benefit is equal to 100% of the base sum insured, and the earned cumulative bonus is provided to the nominee, assignee or legal heir. |
|
Permanent Total Disablement | The benefit is equal to 200% of the base sum insured, and the earned cumulative bonus is provided to the insured person. Personal Total Disablement shall refer to: - Total and irrecoverable loss of sight in both eyes or,
- Physical separation or loss of use of one hand and one foot,
- Loss of sight of one eye and physical separation or loss of use of hand or foot, or
- Physical separation or loss of use of both hands or feet
|
|
Permanent Partial Disablement | The benefit is equivalent to a specified percentage of the base sum insured, depending on the nature and extent of the loss, as mentioned in the policy schedule. |
|
Repatriation of Mortal Remains and Funeral Expenses | The expenses for transporting the mortal remains of the insured person to the cremation or burial ground, along with related funeral costs, will be covered up to the specified limit. |
Personal Accident Cover - Exclusions
|
Exclusions |
Details |
| Pre-Existing Health Condition | Any pre-existing health condition or injury |
| War or war-like situations | Any claim filed for injuries due to war, invasions, civil war, rebellion, acts of foreign enemies, etc. |
| Infections | Any viral or bacterial infections incurred due to an accidental cut |
| Armed or Paramilitary Forces | For persons serving in Armed or Paramilitary Forces, excluding the period during peacetime |
| Mining and Other Hazardous Activities | For persons working in or with mines, explosives, high-tension supply or conveyance testing, engaging in hazardous activities, etc. |
| Air Travel | Claims filed for air travel except as a fare-paying passenger on an authorised airline |
| Ionising Radiations | Claims arising due to ionising radiation and nuclear, chemical and biological terrorism |
| Hazardous or Adventure Sports | Participating as a professional in hazardous or adventure sports, such as rock climbing, motor racing, skydiving, scuba diving, etc., unless agreed as per the policy terms and conditions |
| Illegal Activities | Wilful participation in an illegal act or any attempted violation of law |
| Others | Self-injury, attempted suicide, accidents caused due to intoxicating substances, engaging in aviation or ballooning, pregnancy or childbirth. |
Add-Ons Available with Personal Accident Insurance
In addition to the standard cover, Reliance General Insurance offers a wide range of optional covers that can enhance your personal and accident insurance coverage. Here is a list of the personal accident add-ons.
|
Add-Ons Applicable to Insurance for Personal Accident |
Details |
| Temporary Total Disablement | For injuries that completely incapacitated the insured from performing activities pertaining to employment, subject to the policy terms and conditions. |
| Hospitalisation and Related Covers | This includes various covers, such as accidental hospitalisation, inpatient treatment, day care procedures, domestic road ambulance, pre-hospitalisation, post-hospitalisation, companion cover, blood transfusion expenses, and domiciliary care. |
| Daily Hospital Cash | Fixed daily cash for every completed 24 hours for a maximum of 60 days |
| Accidental OPD | For OPD consultations, diagnostic tests, vaccinations for animal bites, cost of prescription drugs, etc |
| Enhanced Covers | For burns, fractures, coma, emergency evacuation, head or spine injury, and miscarriage |
| Health and Well-being Covers | For convalescence, modification of vehicle or home, trauma counselling, rehabilitation, medical equipment and reconstructive surgery. |
| Travel Covers | Includes enhanced overseas cover, compassionate visit, trip cancellation, event cancellation, and extended hotel stay |
| Family Shield | Multi-member death or disability, parental care, educational grant, loan protector, EMI protection, caregiver cover, and renewal premium |
Personal Shield | For the reimbursement of the listed portable equipment, such as laptop, mobile phone, etc., in case of theft immediately after the accident and towards unauthorised card transactions |
Assistance Services | For financial and legal guidance, educational counselling, emergency travel assistance, second opinion, and chauffeur services |
| Adventure Sports | Waives the exclusion of participation in adventure sports, such as sky sports, mountain sports, water sports and more, subject to the policy conditions |
| Cumulative Bonus | 5% of the base sum insured for every claim-free year, subject to the policy conditions |
Eligibility Criteria to Buy a Personal Accident Insurance Policy
Age
Individuals between the age group 18 years and 80 years are eligible to buy a personal accident cover policy. The coverage is also applicable to dependent children from 30 days for up to 25 years.
However, eligibility for certain coverages may vary and should be confirmed at the time of policy purchase.
Nationality
Indian citizens are eligible to buy a personal accident insurance policy.
Policy Tenure
Personal Accident Insurance plans can be purchased for one year, two years or three years, depending on the choice of plan option.
How to Buy Personal Accident Insurance Online?
The following steps detail the process of buying our personal accident policy online:
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Step 1: Visit our
Reliance Personal Accident 360Shield page.
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Step 2: Share your personal details, such as name, contact number, and email ID and click on 'Submit'.
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Step 3: You will receive a call back from our customer service team to guide you through the next steps to buy accident insurance.
Factors Affecting Personal Accident Policy Premiums
Age
Age is a significant factor affecting the PA cover premiums, with older individuals typically paying higher rates due to increased risk.
Occupation
The nature of your occupation, particularly if it involves engaging in hazardous activities, can affect your premium rate, as higher-risk jobs often lead to increased costs.
Health Status
Your health condition, especially with a history of health issues and a series of medications, can increase your accidental insurance policy premium.
Coverage Required
A higher coverage amount can lead to increased premium costs, as it reflects the higher risks that must be accounted for and the need for broader protection.
Add-Ons Chosen
Opting for additional optional covers can raise the premium, depending on the type and extent of coverage selected.
Tips to Save on Personal Accident Insurance Costs
Compare Multiple Options
Before purchasing a personal accident insurance policy, it is important that you take the time to compare multiple quotes to identify the best coverage and the most affordable premium.
Maintain a Healthy Lifestyle
Resorting to a healthy lifestyle with a balanced diet and a regular exercise routine can help reduce your risk profile and further reduce the applicable personal accident insurance price.
Opt only for the Required Amount of Coverage
Assess different factors, such as your lifestyle, work environment and travel plans, to find the most optimal coverage required for your personal accident policy.
Choose Optional Add-Ons Wisely
Understand the different optional add-ons available and choose only the most essential ones to avoid unnecessary premium increases while still ensuring the coverage you need.
Choose a Higher Deductible
If your policy includes a deductible, choosing a higher proportion can reduce your personal accident insurance premium rate. However, ensure you strike the right balance with your ability to manage the deductible at the time of a claim while still enjoying premium savings.
How Much Personal Accidental Insurance Coverage is Enough?
Assess your Needs
Analyse your financial condition and needs based on factors such as the nature of your occupation, location, and health status to determine the right amount of coverage that can be a suitable replacement for the loss of income.
Consider your Debt Obligations
Consider your financial liabilities, such as loans and other debts, to ensure that your personal accident insurance covers these outstanding amounts in case of an accident and secure your family's financial stability.
Consider your Financial Obligations
To decide on suitable PAI coverage, consider your age, and the number of dependents you have, and their future financial requirements to decide on the suitable coverage for your.
Inflation
While accounting for your requirements, also consider the rate of inflation that can significantly affect your financial needs for the future.
Seek Expert Help
When you are not confident about finding the right sum insured, you can seek our expert help in choosing the appropriate coverage.
Tax Benefits of Personal Accident Policy
Understanding the tax benefits of personal accident cover can be slightly complex. When bundled with a life insurance policy, it is important to identify the portion of the premium applicable for tax deductions and the payouts applicable for the exemption benefit.
However, you can claim the cost for an accidental insurance policy if it provides protection against loss of income. For example, suppose you are a small businessman or a trader and purchased a personal accident cover to secure your earning capacity. In that case, it may qualify for tax benefits, subject to the prevailing tax laws.
You can connect with our customer service executive team to seek expert guidance.
How to File a Personal Accident Insurance Claim?
Documents Required for Personal Accident Insurance Claims
The documents required for a personal accident claim may vary depending on the type of claim being filed. You can refer to your policy prospectus for the complete list of specific documents.
Some of the most common documents required are as follows:
|
Documents Required for a Personal Accident Insurance Death Claim |
Documents Required for a Personal Accident Insurance Injury Claim |
- Claim form, duly filled and signed.
- Death Certificate (Original or Attested)
- Post Mortem Examination Report (Attested Copy)
- Medico Level Certificate from the hospital
- Proof of identity of the insured person
- First Information Report (Attested Copy)
- Original Cancelled Cheque in CTS 2010 format
- For claims over ₹1 lakh, PAN card/ Form 60
| - Claim form, duly filled and signed.
- Treatment records, such as Discharge Summary, Investigation Reports, Diagnostic Test Reports
- Medico Level Certificate from the hospital
- Proof of identity of the insured person
- First Information Report (Attested Copy)
- A coloured photograph of the insured person showing the disability
- Proof of Income
- Original Cancelled Cheque in CTS 2010 format
- For claims over ₹1 lakh, PAN card/ Form 60
|
