| Sankat Mochan |
Experience the joys of life with an assurance of Extra Safety for you! Bajaj Allianz General Insurance Company introduces Sankat Mochan policy which assures complete protection from Accidental Injuries. Sankat Mochan policy covers Death, Permanent disability, Temporary disability, Accidental Hospital cash and Accidental hospitalization expenses. |
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Features |
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- Highest compensation of 125% of the SI in case of Permanent Total Disability
- Inbuilt Children's Educational Bonus benefit
- Daily hospital confinement allowance payable in case of hospitalization due to accident (As per the plan opted)
- Medical expenses reimbursement in case of hospitalization due to accidents
- No health check up required
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Benefits |
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- Personal accident benefit and accidental hospitalization expenses are covered under a single policy
- Hassle free in house claim settlement with minimal documentation
- This policy also covers terrorism related accidental losses for the victims
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Coverage |
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- Covers Death, Permanent Partiality Disability, Permanent Total Disability, & Temporary Total disability
- In case of Temporary Total Disability 1% of SI / week will be payable up to max 100 weeks
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Exclusions |
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- Accidental bodily injury:
• through suicide, attempted suicide or self inflicted injury or illness
• while under influence of liquor or drugs
• through deliberate or intentional, unlawful or criminal act, error, or omission
• - aviation or ballooning,-
• participating as the driver, co-driver or passenger of a motor vehicle during motor racing or trial runs. - result of curative treatments or interventions carried out
• participation in any naval, military or air force operations whether in the form of military exercises or actual war
- Your consequential losses of any kind or your actual or alleged legal liability
- Venereal or sexually transmitted diseases
- HIV (Human Immunodeficiency Virus)
- Pregnancy, resulting childbirth, miscarriage, abortion, or complications arising out of any of these
- War (Whether declared or not)
- Nuclear energy, radiation
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Guidelines |
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- This Policy can be given only for risk Class 1 and 2
- Risk Class I:
Insured is mainly engaged in administrative or managing functions, accountant, doctor, lawyer,
architect, consulting engineer, teacher, and banker or primarily engaged in a similar occupation
- Risk Class II:
Insured is engaged in manual labor, garage or motor mechanic, machine operator, paid driver of a
car, a truck, a lorry or other heavy vehicles, cash carrying employee, wood wording machinist or a
builder – contractor and engineer in superintending functions, veterinary doctor, or engaged in a
similar occupation
- Entry age for self and spouse-18 years – 65 years, renewal up to 65 years
- Entry age for children – 5years – 21 years
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Basis of Determining the Sum Insured for PA |
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- Basic: Max 100 times of Monthly income
- Wider: Maximum 60 times of Monthly income
- Comprehensive: Maximum 24 times Annual income or Maximum of 5 Lac (not to be given to risk category III)
- The Capital Sum Insured not to exceed 120 times the monthly income
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Plans |
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- Total 16 plans
- Self can choose the plan as per the requirement and commensuration of income
- Spouse can be covered under Plan 1-5
- Children can be covered under plan 1-3 only, comprehensive cover not available for children
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| Sankat Mochan Plans |
Plans |
Plan 1 |
Plan 2 |
Plan 3 |
Plan 4 |
Plan 5 |
Plan 6 |
Plan 7 |
Plan 8 |
Basic |
200000 |
100000 |
0 |
0 |
0 |
0 |
0 |
0 |
Wider |
0 |
0 |
100000 |
0 |
200000 |
0 |
0 |
300000 |
Comp |
0 |
0 |
0 |
100000 |
0 |
200000 |
200000 |
0 |
Acc Hosp. |
100000 |
50000 |
50000 |
50000 |
100000 |
100000 |
100000 |
100000 |
Acc Hosp Cash |
0 |
1000 |
1000 |
1000 |
1000 |
0 |
1000 |
0 |
Final Premium Risk class 1* |
240 |
470 |
525 |
575 |
650 |
450 |
750 |
450 |
Final Premium Risk class 2* |
270 |
485 |
550 |
625 |
700 |
550 |
850 |
525 |
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Plans |
Plan 9 |
Plan 10 |
Plan 11 |
Plan 12 |
Plan 13 |
Plan 14 |
Plan 15 |
Plan 16 |
Basic |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
200000 |
Wider |
300000 |
0 |
0 |
0 |
0 |
0 |
0 |
200000 |
Comp |
0 |
300000 |
300000 |
500000 |
500000 |
500000 |
500000 |
200000 |
Acc Hosp. |
100000 |
100000 |
100000 |
100000 |
100000 |
200000 |
200000 |
200000 |
Acc Hosp Cash |
1000 |
0 |
1000 |
0 |
1000 |
0 |
1000 |
1000 |
Final Premium Risk class 1* |
750 |
600 |
900 |
900 |
1200 |
1050 |
1350 |
1190 |
Final Premium Risk class 2* |
825 |
750 |
1050 |
1150 |
1450 |
1300 |
1600 |
1370 |
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*Premium rates exclusive of service tax.
*Disclaimer: The above information is indicative in nature and for more details on the coverage, terms and exclusions
please get in touch with our nearest office
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