Reliance General Insurance introduced the Reliance Personal Accident 360Shield on May 29, aiming to offer comprehensive protection to individuals and families in the event of personal accidents. The policy provides extensive coverage within India and worldwide, addressing all significant aspects of impact beyond traditional accidental disability or death coverage.
It offers support by covering a wide range of expenses, including hospitalization costs, outpatient treatment, personal and financial liabilities such as home, vehicle, and educational loans, and even legal assistance.
The policy offers valuable add-ons such as Adventure Sports coverage, Total and Partial Disablement benefits, and Unlimited Reinstatement of Accidental Hospitalisation Limit, enhancing the coverage provided.
Enhanced covers for specific situations like coma, miscarriage, and air ambulance services further strengthen the comprehensive care offered by the policy.
Coverage options range from Rs 5 lakh to Rs 25 crore, allowing individuals to select the coverage that best suits their needs and financial capabilities.
The plan provides coverage for trauma counseling (up to Rs 10,000 per session) and reconstructive surgery (up to Rs 10 lakhs), ensuring comprehensive protection for policyholders. Furthermore, maintaining a Personal Accident policy can help you retain your no-claim bonus on Health Insurance.
The highlights of the policy include
Disablement coverage: Offers financial support for permanent and temporary disablement, including Permanent Total Disablement (PTD), Permanent Partial Disablement (PPD), and Temporary Total Disablement (TTD). Permanent Disablement Coverage is based on Disability scale, maximum up to Base Sum Insured, providing significant financial support in the event of severe, life-altering injuries. In the case of Permanent Total Disablement (PTD), coverage extends to 2x the base sum insured, and for Permanent Partial Disablement (PPD), it offers coverage of 1x the base sum insured. Additionally, Temporary Total Disablement (TTD) coverage is provided up to Rs 1 lakh, ensuring a steady income during recovery periods up to 104 weeks.
Accidental hospitalisation: Comprehensive coverage for inpatient treatment, day care procedures, domestic road ambulance, and pre- and post-hospitalisation expenses up to Rs 20 lakhs over an above the PA sum insured.
Enhanced hospitalisation Benefits: Features unlimited reinstatement of accidental hospitalisation limit and cumulative bonus for claim-free years.
Optional Family shield: Additional benefits for multi-member death or disability, parental care, educational grants, caregiver cover, and more.
Travel care: Overseas travel coverage including Rs 1 lakh for compassionate visits, and Rs 25 thousand each for trip cancellation, event cancellation, and extended hotel stays.
Health and well-being: Coverage for burns, fractures, head or spine injuries, coma, emergency evacuation, and more.
Adventure sports coverage: Covered up to 100 percent of base Sum Insured (SI), subject to a maximum of Rs 1 crore plus earned cumulative bonus. Includes popular adventure activities such as bungee jumping, scuba diving, trekking, and 40 listed sports, all under professional supervision.
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