Personal Guard

Personal Guard

There are many uncertainties and inevitable accidents that might occur at home, at work or elsewhere. The death or injury of a family member can create serious financial problems for anyone. It is for situations like these, that you need to be prepared. To help you deal with such situations Karur Vysya Bank has entered into an arrangement with Bajaj Allianz General Insurance to offer you the 'Personal Guard' cover.

Features
  • Covers Death, Permanent Total Disability, Permanent Partial Disability, and Temporary Total Disability
  • Children's Educational Bonus benefit.
  • Daily hospital confinement allowance payable in case of hospitalization due to accidents.*
  • Medical expenses reimbursement in case of hospitalization due to accidents.*
    *if this add-on cover is opted
Benefits
  • Compensation of up to 125% of the SI in case of Permanent Total Disability.
  • Children's education is not hampered due to your accidental death or injury.
  • Hassle-free in-house claim settlement.
  • Cumulative bonus @ 5% per claim free year up to a maximum of 50% on renewal with BAGIC
  • Family discount of 10%.
Coverage

The Personal Guard policy covers Death, Permanent Partiality Disability, Permanent Total Disability and Temporary Total Disability. In the case of Temporary Total Disability, 1% of SI or Rs. 5000/week (whichever is less) will be payable up to a maximum of 100 weeks.