Tata AIG 399 Plan Accident Guard Policy Cover

What Does the Tata AIG Accident Guard Policy Cover?

With the world's uncertainties today, having sufficient accident insurance in place is as much a necessity as a luxury. The Tata AIG 399 plan details have an affordable and all-inclusive accident policy. You can be assured that you and your family are covered. You can have financial independence to tackle life when coverage becomes a necessity. But what does this policy cover? Let’s see some details regarding the Tata AIG accident guard policy and how it can help you and your loved ones.

Know More About Tata AIG Accident Guard Policy

The Tata AIG 399 plan details specify a policy that aims to protect from accidents that can occur suddenly, resulting in disability, hospitalization, or death. The accident coverage from this budget-friendly plan provides coverage without spending too much on expenses. It’s the right option for people needing coverage they can trust.

Key Coverage Benefits

Accidental Death Coverage

Death due to an accident is the main advantage the Tata AIG Accident Guard Policy offers your family members. Due to the insured person's death, the entire policy amount is paid to the named recipient. So they can live a financially secure life during these hard times.

Temporary Partial Disability (TPD)

Some accidents can permanently change the course of life. It is a plan that actually pays benefits in case of permanent total disabilities due to an accident, with a lump sum payout to help cover long-term care costs as well as any loss of income.

Partial Permanent Disability (PPD)

In the occurrence of an accident that results in permanent disabilities (either partial or whole), the policy provides compensation based on the degree of the injuries that occurred, including becoming an amputee and insensibility, as per the terms of the company's policy. 

Temporary Total Disability  (TTD)

And if an accident leaves you unable to work, the policy provides weekly benefits during your recovery period. It provides a supplement to lost income as you get back on your feet.

Hospitalisation Expenses

The Tata AIG Accident Guard policy covers you against hospitalisation expenses as a result of accidents. This may include charges for the room, doctor fees, medicines, and so on, up to a certain maximum limit.

Ambulance Charges

Your policy covers ambulance charges to take you from the scene of an accident to the closest hospital in case of an emergency. So you can receive immediate medical treatment, free from any financial burden.

Children's Educational Facilities

Due to the accidental death of the policyholder, an extra education benefit for the dependent children will be provided. This policy contributes to their education even when the policyholder dies unexpectedly.

Family Transportation Allowances

Should you be hospitalised for an accident while far from home, the policy will cover the cost of transport for a family member to travel to you and assist you emotionally and practically as you recover.

Additional Features and Advantages

No Medical Examination Required

Unlike most insurance companies, the application process for the Tata AIG Accident Guard Policy is simple and quick. Generally, you do not need to undergo pre-insurance medical checkups.

Worldwide Coverage

This policy provides protection not only on the roads but anywhere in the world for any accident you may have, so you will have peace of mind when you travel abroad.

Tax Benefits

Premiums paid under the Tata AIG Accident Policy are eligible for tax benefits per Section 80D of the Income Tax Act, 1871, resulting in more savings.

24/7 Customer Support

Tata AIG has complete customer service facilities to help with policyholders’ queries and make cashless services or claim settlements in times of emergency.

Exclusions to Be Aware of

The policy generally does not cover:

• Freak accidents or suicide  by one's own hands

• Accidents related to alcohol or drug use

• There was medical attendance, but no prior disclosure of engaging in dangerous sports.

• There were pre-existing handicaps or injuries

• Casualties in the case of war and nuclear incidents

• Mental illness or associated treatments 

How to Make a Claim

• The procedure to claim for a Tata AIG accident guard policy is very simple.

• Report the accident to the insurance provider immediately.

• Submit claim forms with supporting documents required

• Provide medical reports and bills as requested

• Comply with the claim investigation

To Sum It Up

The Tata AIG 399 plan details provide an accident insurance plan that offers strong safety against unprecedented accidents and their possible monetary consequences. With the Tata AIG accident guard policy, you can be assured that the product provides wide coverage at a low price and customer-friendly services. Suppose you’re an individual seeking an insurance policy or a family man trying to ensure your family's wealth. In that case, this policy is worth considering as a part of your financial plan.

Maybe the accidents are unexpected, but their financial impact doesn’t have to be. Invest in quality accident insurance now to safeguard what’s most important tomorrow.