India Post Payments Bank offers Rs 10 lakh cover in this accident insurance scheme; details here
FirstpostThe premium plan offers a range of benefits like last rites benefits for up to Rs 5,000, family transportation benefits up to Rs 25,000 and more The India Post Payments Bank has come up with an accident insurance plan that will surely make customers happy. The group accident insurance plan offered by IBPB provides coverage for one year in case of any unforeseen event, with benefits for medical expenses, education and more. Here is all you need to know about the IPPB accident insurance scheme: Both the basic and the premium group accident insurance plan promise to give the policy holder or their family Rs 10 lakh in case of accidental death, permanent partial disability, permanent total disability or accidental dismemberment and paralysis. The premium plan: The premium plan offers a range of benefits like last rites benefits for up to Rs 5,000, family transportation benefits up to Rs 25,000 and more.