Maharaksha Personal Injury Insurance by TATA AIG

TATA AIG Maharaksha Personal Injury Policy

A comprehensive policy covering the Individual as well as family, and protecting against accidental injuries and subsequent treatments.

Accidental Death:Expenses covered for loss of life due to an Accident.
Fractures / Dislocation / Burns: A percentage of Insured Sum is paidfor a specific injury (must occur within 90 Days from date of the Accident).
Hospital Indemnity Accident Only:Daily Expenses against hospitalisation is borne subject to a maximum of 365 days.
Unable to do activities in daily living: Under cases where the Insured loses capability to perform 3 or more daily functions (Injury happening within 365 Days from the date of the Accident) for a continuous period of 180 Days the Principal Sum is paid.
Above 71 years of age benefits reduce by 50%.

Cash payment for accidents/hospitalization irrespective of expenses.
Lifetime renewal facility however premium does not increase with the age.
Double Claim benefit: Avail benefits of this policy even if insured with another policy.
24 hour coverage worldwide, no restrictions on hospitals

*The above rates may vary. Please check the policy wordings for more details.

Lifelong renewability: no maximum cover ceasing age in this policy
Grace Period of 30 days for renewing the policy, waiting periods as mentioned in the policy wording get reduced by 1 year on every continuous renewal.
Sum Insured Enhancement: Any change in benefits or premium (other than due to change in age) will be done with the approval of the IRDA and will be intimated at least 3 months in advance at the time of renewal.

Free Look Period:

A period of 15 days after date of receipt of policy to review terms and conditions during which insured can cancel it with due refunds.

Portability:

If the insured wishes to migrate to another Insurer towards renewal, he can draft an application at least 45 days before the date of renewal.

Any pre-existing condition.
Expenses due to suicide/ self-inflicted injury, sexually transmitted diseases, mental/nervous disorder, anxiety or depression, Acquired Immune Deficiency Syndrome (AIDS), Human Immune deficiency Virus (HIV) infection
Injuries due to involvement in war, invasion or terrorist activity involvement.
Participation in winter sports, sky diving, scuba diving or related sport activities.
Accidents due to involvement with related to aircraft, or as a member of the crew.
Being under the influence of drugs or alcohol.
Exposure to radioactive substances or diseases due to intoxication.