Page 225 - IC38 GENERAL INSURANCE

Risk groups are also known in the form of „Normal‟, „Medium‟ and „High‟
respectively.

Age Limits

The minimum and maximum age for being covered and renewed varies from
company to company. Generally a band of 5 years to 70 years is the norm.
However, in case of persons who already have a cover, policies may be renewed
after they complete 70 years but up to the age of 80 subject to a loading of the
renewal premium.

No medical examination is usually required for renewal or fresh cover.

Medical Expenses

The medical expenses cover is as follows:

 A personal accident policy can be extended by endorsement, on payment
of extra premium to cover medical expenses incurred by the insured in
connection with the accidental bodily injury.

 These benefits are in addition to the other benefits under the policies.

 It is not necessary that person has to be hospitalised.

War and Allied Risks

War risk cover may be covered to Indian personnel / experts working in foreign
countries on civilian duties with additional premium.

 P.A. policies issued during peace time or normal period would be at say
50 percent extra over the normal rate (i.e. 150 percent of the normal
rate.)

 P.A. policies issued during abnormal/ apprehensive period (i.e. during
the period when warlike conditions have already occurred or are
imminent in foreign country/i.e. where the Indian personnel are working
on civilian duties) at say 150 percent extra over the normal rate (i.e. 250
percent of the normal rate)

The Proposal Form

The form elicits information on the following:

 Personal details
 Physical condition
 Habits and pastimes
 Other or previous insurances
 Previous accidents or illness

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