Personal Accident Insurance
 
  • To provide compensation in the event of an accident causing death or injury
  • The purpose of personal accident insurance is to pay fixed compensation for death or disablement resulting from accidental bodily injury.
  • Personal accident and sickness policies are renewable annually and if a claim has occurred which could be of a recurring nature, the cover may be restricted at renewal or in severe cases renewal may not be offered
  • It is against accident happening at any time and anywhere including flying as a ticket holding passenger in an aircraft operated by an Air Transport organization providing scheduled air services.
  •  

    Three types of Table:

  • Table A
  • Table B
  • Table C
  • Table A
    Death permanent and temporary disablements.
    Table B
    Death permanent total and partial disablements.
    Table C
    Death only.
    Compensation Scale

     

    Table A

    Table B

    Table C

    CLASS 1

    TK.30.00

    TK 12.50

    TK 8.50

    CLASS 2

    TK.40.00

    TK.16.00

    TK.11.00

    CLASS 3

    Tk.50.00

    Tk.21.00

    Tk.15.00

  • Annual Premium for Sum Insured of Tk.10, 000.
  • For Ages between 16 and 65 years.
  • Larger compensation medical expenses can be included under Table "A" at an additional premium @10% of basic premium.
  • Group Personal Accident Policy
    Issued where there is some common relationship among the persons to be insured. People´s Personal Accident Insurance

  • Same as personal accident policy.
  • Sum-insured is limited Tk.1, 00,000/-
  • Premium very low –Tk.60/-