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Bharti AXA SmartIndividual Personal Accident Insurance Plan

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Bharti AXA Smart Individual Personal Accident Insurance Plan
 
Bharti AXA Smart Individual Personal Accident Insurance Plan is a Personal Accident Insurance Policy which offers compensation in case of Accidental Death, Permanent and Temporary Total Disability and Permanent Partial Disability as well as Dismemberment of limbs, etc.
 
How it works – In this plan, premium needs to be paid in a lump sum and can be availed for a period of 12 months. This policy can be availed for the entire family as well which includes self, spouse and dependent children till 23 years of age. This plan covers Accidental Death, Total and Permanent Disability as well as Permanent Partial Disability and Dismemberment.
 
There are 4 variants of this plan:
  1. Smart PA – Basic
  2. Smart PA – Standard without Medical
  3. Smart PA – Standard
  4. Smart PA – Gold
 
The Regular Benefits in all the 4 Plan Variants:
  • Accidental Death Benefit
  • Permanent Total Disability
  • Transportation of mortal remains from the place of accident to the residence
  • Permanent Partial Disablement
  • Education Grant per child, up to 2 children in case of death and disability of the Life Insured
 
The Additional Benefits of this plan, which are available in some variant or the other:
  • Temporary Total Disablement Benefit is available in Smart PA – Standard without Medical, Smart PA – Standard and Smart PA – Gold Variants
  • Funeral Expenses reimbursement for deceased Life Insured is available under Smart PA – Standard and Smart PA – Gold Variants
  • Hospital Daily Cash Benefit is payable after the first 2 days is available in Smart PA – Standard without Medical, Smart PA – Standard and Smart PA – Gold Variants
  • Accidental Medical Expenses reimbursement is available in Smart PA – Standard and Smart PA – Gold Variants
  • Double Indemnity, for accidental death or Permanent Total Disability while travelling as a passenger in a public conveyance is available in Smart PA – Standard and Smart PA – Gold Variants
  • Legal expenses reimbursement is available in Smart PA – Standard without Medical, Smart PA – Standard and Smart PA – Gold Variants


 

Key Features of Bharti AXA Smart Individual Personal Accident Insurance Policy
 
  • This plan provides cover for treatment for any injuries or illness caused by accidents
  • This plan covers:
    • Accidental Death
    • Permanent Total Disablement
    • Permanent Partial Disablement
    • Temporary Total Disablement
  • Additional Benefits of this Plan which is available in some variants:
    • Transportation of Mortal Remains: This plan allows a payment of 1% of the Sum Insured towards expenses incurred for transportation of Insured Person’s dead body from the place of accident to the place of residence
    • Funeral Expenses: This plan allows a payment towards expenses incurred for funeral in the case of accidental death
    • Education Grant for Children: This plan allows a fixed payment of Rs. 10,000 per dependent child up to the age of 23 years for education purpose in case of accidental death or the permanent total disablement of the Life Insured
    • Hospital Daily Cash Allowance: This plan pays for a Daily Cash Benefit that is payable in case of accidental hospitalization
    • Accidental Medical Expenses: This plan allows for reimbursement of reimbursement of Medical Expenses due to Accidental Purpose
    • Double Indemnity Benefit is payable for Accidental Death or Permanent Total Disability while travelling as a passenger in a public conveyance
    • Legal expenses: This plan reimburses the legal expenses incurred for the accident

 

What is covered in Bharti AXA Smart Individual Personal Accident Insurance Plan?
 
All medical expenses due to the following are covered:
  • Accidental Death
  • Total and Permanent Disability
  • Permanent and Partial Disability
  • Temporary Disability
  • Dismemberment like loss of limbs, etc.
 
 
Additional Benefits of Bharti AXA Smart Individual Personal Accident Insurance Plan
 
There are certain additional benefits available in this:
  • Transportation of Mortal Remains
  • Funeral Expenses
  • Education Grant for Children
  • Hospital Daily Cash Allowance
  • Accidental Medical Expenses
  • Double Indemnity ( for accidental death or Permanent Total Disability while travelling as a passenger in a public conveyance)
  • Legal expenses
 
 
Eligibility and Restrictions of Bharti AXA Smart Individual Personal Accident Insurance Plan
 

 

 
Minimum
Maximum
Policy Term (in years)
1
Entry Age of Life Insured (in years)
3 months
65
Renewable till Age (in years)
-
65
 
 
Family Floater Policy will cover
 
In case of Family Package option, it covers Self, Spouse and Dependent Children. Dependent children up to 23 years of age can be covered by the policy under family option.
 
 
Tax Benefits of Bharti AXA Smart Individual Personal Accident Insurance Plan
 
There is no Tax Benefit under this plan
 
 
Exclusions - What is not covered in Bharti AXA Smart Individual Personal Accident Insurance Plan?
 
This policy does not provide benefits for any Death, Disability, expense or loss incurred in result of any injury attributable directly or indirectly to the following:
  • Non Accident Cases are not entertained in this plan
  • Death or disablement caused by, contributed to or aggravated or prolonged by child birth or from pregnancy or in consequence of pregnancy or childbirth
  • Compensation under more than one of the foregoing Clauses in respect of the same period of disablement except the Add-on covers
  • Payment of compensation in respect of death, injury or disablement of the Insured Person due to or arising out of war and war like operations as well as nuclear perils
 
 
Alternate Accidental Insurance Plans from other insurance companies
 
Cholamandalam MS Accident Protection Plan
Bajaj Allianz Personal Guard Insurance Plan
ICICI Lombard Personal Guard Insurance Plan
 
 
Other Health plans from Bharti AXA General Insurance
 
Bharti AXA Smart Health Essential Insurance Plan
Bharti AXA Smart Health High Deductible Insurance Plan
Bharti AXA Hospital Cash Plan

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