New Insurance policy by Indian Post Office for Rs 399
Indian Post Department has brought up accidental insurance policy in association with Tata AIG. In this policy, a person can get an insurance upto Rs 10 lakh by paying Rs 399 annually.
The insurance should be renewed annually and it is necessary to have an account with India Post Payments Bank. The Policy covers Rs.60 thousand IPD expenses and Rs.30 thousand for OPD in case of accident.People of age group of 18-65 are eligible for this insurance policy.
New Insurance policy by Indian Post Office for Rs 399
In case of any accidental death of the insurance holder a compensation of Rs.10 lakh will be given.
In case of partial disability Rs.10 Lakh is given to the insurance holder.
The deceased insurance holder’s children will be given Rs1 lakh for each child for education.
Hospital travel expenses to family Rs. 25000
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