Saral Suraksha Bima, ACKO

Accidents can be fatal. This cover offers the benefit of 100% Sum Insured to the nominee in case of an unfortunate event of death due to an accident. This is provided the insured person dies within 12 months from the accident date.

Some accidents can lead to permanent total disability. In such a scenario, a benefit of 100% Sum Insured shall be provided to the policyholder.

In the case the accident causes permanent partial disability, the benefit is a percentage of the Sum Insured, which depends upon the kind of injury/loss faced. For example, loss of one entire hand warrants 50% Sum Insured while the same reduces to 35% in case of loss of four fingers.

Optional Coverage. For an accident that causes temporary total disablement, compensation will be offered (0.2% of the base Sum Insured per week, subject to a maximum of 100 weeks) for not being able to work (and therefore earn) during the disablement period.

Optional Coverage. In case of hospitalisation due to an accident, the hospitalisation expenses shall be covered up to the limit of 10% of the base Sum Insured as per the terms and conditions of the policy.

Optional Coverage. A lethal accident can hamper finances. To ensure a secure future, dependent children (of the policyholder) can each avail of an education grant (10% of the Base Sum Insured per dependent child).

War and war-like incidents are not covered. Thus, personal accidents caused because of such incidents are a part of policy exclusions.

This policy does not cover self-inflicted injuries. However, there may be exceptions in case of accidents due to self-defence.

Accidents due to situations where the law was broken shall not be covered as per this policy. Thus, violation of the law or such attempts are exclusions to the policy.

Injury or accident arising because of involvement in an activity with criminal intent is not covered by the policy.

Hospitalisation, disability, or death arising due to events triggered by activities of nuclear nature are an exclusion to the policy.

Accidents occurred when the policyholder was under the influence of intoxication and was directly responsible for the accident shall not be covered.

Whether it is understanding the plan or buying it without excessive form-filling, ACKO offers complete convenience. Buy Saral Suraksha Bima by ACKO online within minutes without paying agent commission.

ACKO has partnered with more than 6,000 prominent hospitals for top-quality healthcare. ACKO not only offers financial assistance during medical emergencies but also facilitates comfortable healing thanks to the network hospitals.

ACKO is a digital-first company. Thus, the majority of the processes are tech-based, especially Claim Settlement. Here, the claim settlement process is transparent, quick, and hassle-free.