Personal Accident Coverage from Apollo Munich

Oct. 5, 2011 - PRLog -- The policy is available in two variants — Standard and Premium. The policy can be availed by all between the ages of 5-69 years. Apollo Munich also provides ‘Healthline’ for customers.

Personal accident insurance policy is needed solely for the purpose of ensuring that the policy holder is able to face all the financial problems that arise after an accident. Apollo Munich Health Insurance provides one of the most wide-ranging plans for the same purpose. The company which is a joint venture between Apollo Group of Hospitals and Munich Health is set to change the way health insurance is perceived in the country. There are many steps that Apollo Munich has taken to make sure that the plans are comprehensive.

The company provides plans that have a simple policy wording. The Individual Personal Accident Insurance Plan from the company is designed to give customers the chance of getting the best coverage for all kinds of problems that are likely to be faced after an accident. The policy wordings of the plan clearly state all the benefits in simple terms that can easily be understood by those interested in buying the plan.

The Personal accident plan is designed to give coverage under 2 variants.

•   Standard
•   Premium

While most of the benefits are the same for the two variants, they both differ in the cover amounts and certain benefits. The Premium Variant provides coverage for broken bones, transportation of imported medicines, purchase of blood, and modification of residence/vehicle. The plan also covers inpatient accident hospitalization.

The policy can be availed by anyone in the age group of 5-69 years. The cover lapses at the age of 70. It can be issued to a family or an individual, however, the cover amount is only provided on an individual basis. Apollo Munich provides customers with a discount if the plan is taken for more than one family member.

The personal accident insurance plan covers a large number of problems. These would include the expenses of emergency ambulance cover, the cost of transportation of medicines, accident medical costs, purchase of blood, etc. The benefits also include lump sum payments in case of Accidental Death, Permanent Total Disability, and Permanent Partial Disability. In the event of accidental death or permanent total disability policy holders can also avail educational funds for dependent children.

The Individual Personal Accident Insurance Policy allows an individual to take a cover amount of up to 10 times the income of the proposer.  The company also provides cumulative bonuses and Healthline facilities with the policy. Apollo Munich ensures that the claim procedure of the plan is simple and fast.

For more Information about health Insurance visit:- http://www.apollomunichinsurance.com