PERSONAL ACCIDENT BENEFIT Sample Clauses
The Personal Accident Benefit clause provides financial compensation to an insured individual or their beneficiaries in the event of accidental injury, disability, or death. Typically, this clause outlines the specific types of accidents covered, the amount payable for different injuries or outcomes, and any exclusions or limitations that may apply. Its core practical function is to offer monetary support and security following unforeseen accidents, thereby mitigating the financial impact of such events on the insured or their family.
PERSONAL ACCIDENT BENEFIT. (a) We will pay the Sum Insured if the Insured Person dies or suffers Permanent Total Disablement solely and directly due to an Injury sustained an Accident which occurs during the Policy Period provided that the Insured Person’s death/ Permanent Total Disablement occurs within 12 months of the Injury being sustained.
(i) Loss of sight of both eyes; or
(ii) Actual loss by Physical Separation of both hands or both feet or one entire hand and one entire foot; or
(iii) Loss of use of both hands or both feet or of one hand and one foot without Physical Separation;
PERSONAL ACCIDENT BENEFIT. (a) We will pay the Sum Insured if the Insured Person dies or suffers Permanent Total Disablement solely and directly due to an Injury sustained due to an Accident which occurs during the Policy Period provided that the Insured Person’s death/Permanent Total Disablement occurs within 12 months of the Injury being sustained. On the payment of a Claim under this Benefit the Policy shall automatically terminate.
(i) Loss of sight of both eyes; or
(ii) Actual loss by Physical Separation of both hands or both feet or one entire hand and one entire foot; or
(iii) Loss of use of both hands or both feet or of one hand and one foot without Physical Separation;
PERSONAL ACCIDENT BENEFIT. We will pay one of the Benefits shown below if, during the Period of Insurance, you sustain Bodily Injury, which shall solely and independently of any other cause, result within one year in: • Death • Loss of Limb • Loss of Sight • Permanent Total Disablement
PERSONAL ACCIDENT BENEFIT. 1. The Company will pay this benefit according to the percentage stated in the Compensation Table hereunder up to the maximum limits stated in the Table of Benefits in the event that an Accident occurred during the Journey results in the Insured Person’s death or any Permanent Disablement within 12 months from the date of the Accident. Provided that a) the maximum limit for the benefits under this Section for the Insured Person under the Age of 18 shall not exceed 50% of the maximum limit stated in the Table of Benefits.
PERSONAL ACCIDENT BENEFIT. We will pay Sum Insured upto the limit specified in the Policy Schedule for the covers mentioned herein, subject to the following:
(a) We shall be liable to make payment under this Cover only once in respect of any Insured Person across all Policy Periods;
(b) This cover is applicable on an individual basis irrespective of type of policy (Individual/ Floater)
(c) Notwithstanding any provision to the contrary in the Policy, this Cover will be applicable on a worldwide basis;
PERSONAL ACCIDENT BENEFIT. 4.1 Accident on Public Conveyance - Insured person aged between 18 and 75 1,500,000 750,000 375,000 - Insured person aged 17 or below 500,000 250,000 125,000
4.2 Other Accidents - Insured person aged between 18 and 75 1,000,000 500,000 250,000 - Insured person aged 17 or below 500,000 250,000 125,000 4.3 - (c) Compassionate Death Cash 10,000 5. Major ▇▇▇▇▇ Benefit 200,000 200,000 100,000 6. Trip Cancellation Benefit 30,000 15,000 3,000 7. Trip Curtailment Benefit 30,000 15,000 3,000
PERSONAL ACCIDENT BENEFIT. 7.9.1 For the purposes of this agreement , it is recorded that the Company does not act as an agent in procuring
PERSONAL ACCIDENT BENEFIT directly or indirectly caused by venereal disease or We will pay Sum Insured upto the limit specified in the Policy Schedule for the covers mentioned herein, subject to the following: