Frequently Asked Questions

Content with PRODUCTS ManipalCigna Accident Shield .

If you have opted Accidental Hospitalisation under ManipalCigna Accident Shield, then you can avail cashless facility.

There is no tax benefit for the premium paid towards ManipalCigna Accident Shield policy.

Premium modes available in the policy are Single, Yearly, Half Yearly, Quarterly, Monthly.

Premium payment mode can only be selected at the inception of the Policy or at the renewal of the Policy. In case of premium payment modes other than Single or Yearly, a loading will be applied on the premium. Loading grid applicable for Half-yearly, Quarterly and Monthly payment mode.

Premium payment mode

% Loading on premium

Monthly

5.5%

Quarterly

3.5%

Half yearly

2.5%

Yes, policy covers death or disability due to accident anywhere in the world.

The Premium for the policy depends on the Plan, Optional Covers, Sum Insured, Premium payment mode and Policy Period.

Sum Insured is calculated as a maximum of 20 times of gainful annual Income of the Proposer or Earning member to be insured, where the Proposer is not the Insured.

Under family basis, members are eligible for cover as a percentage of the earning members sum insured.

Family Member

Sum Insured

Earning member 

Eligibility of Sum Insured will be up to a maximum of 20 times of Annual Income

Non-earning Spouse

60% of Sum Insured of Earning member

Dependent Children/ parents/parent in laws

30% of the Sum Insured of Earning member

 

Yes, ManipalCigna Accident Shield is available as an individual and family basis cover.

Policy is renewable for lifetime.

The minimum entry age under this policy is 5 years for children and 18 years for adults. The maximum age at entry is 70 years. The maximum entry for Children age is 25 years.

Yes, dependent (non-earning) spouse will be eligible for cover upto 60% of the sum insured

Accidental death and/or disability due to terrorist attacks will be covered under ManipalCigna Accident Shield policy as per the plan and option selected.

  • The policy can be purchased by a NRI subject to the following criteria being met.
  • The proposer/proposed insured person must have an Indian address for communication.
  • Proposer must be in India at the time of signing the proposal form.
  • Those currently working/settled in India are eligible for cover. For example, NRI/PIO who has returned to India and gainfully employed.
  • Coverage may be extended to people based outside of India, subject to medical tests (wherever applicable) being conducted in India only and proposal form being signed in India by the proposer only.

Yes, foreign nationals working in India for 180 days or more with a valid work permit and passport can opt for ManipalCigna Accident Shield policy. He/she has to provide a valid communication address in India.

Policy will be issued subject to underwriting review.

Portability is not applicable to personal accident policy.

ManipalCigna Accident Shield policy is available for 1, 2 and 3 years only.

ManipalCigna Accident Shield policy covers death occurring due to accidents or accidental injuries only.

Policy will provide 25% of the sum insured or 25 Lacs whichever is lower as lump sum in the event of suffering from a Coma due to accident.

This benefit provides a lump sum payment in the event of fracture of bones due to accident.

On suffering from burns due to accident, policy will pay sum insured minimum 10% and maximum upto 100% depending on the degree of burn