Personal Accident Insurance Policy Terms and Conditions

The purpose of Personal Accident Insurance is to pay fixed compensation for death or disablement resulting from accidental bodily injury.  The policy forms and rating system used by the companies, though not uniform follow more or less similar approach with minor variations.

Terms and Conditions of  Personal Accident Insurance

1. The insured person must be give the written notice of claims with full particulars to the insurance company immediately.
2. In case of death written notice must, unless reasonable cause is shown, be so given before internment or cremation and in any case, within one calender month after the death.
3. In the event of loss of sight or amputation of limbs, written notice thereof must be within one calender month after such loss of sight or amputation.
4. Proof of claim satisfactory to the company shall be furnished.
5. In the event of the death, to make a post mortem examination of the body of the insured.
6. Any medical or other agent of the company shall be allowed to examine the person of the insured on the occasion of any alleged injury or disablement and as may reasonably be required.
7. A post mortem examination report, if necessary, be furnished within the space of fourteen days after demand in writing.
8. In the event of a loss of sight the insured shall undergo at the insured's expense such operation or treatment as the company may reasonably deem desirable.
9. In the case of claim by death or permanent total or permanent partial disablement, all sums payable hereunder shall be only on the delivery of this policy for cancellation and discharge and in the case of a temporary total disablement only upon termination as such disablement.
10. No sum payable under this policy shall carry interest.