I have a Reliance bike insurance policy and I noticed it includes a Personal Accident Cover worth ₹15 lakhs. Could you please explain what this cover actually means, what situations it protects me in, and how I or my family can claim it if needed?
What This Cover Means?
When I reviewed my Reliance bike insurance, I noticed the Personal Accident Cover of ₹15 lakhs. This benefit is designed to provide financial protection to the policyholder or their family in case of an accident while riding the insured bike.
Situations It Protects You In:
Based on my experience and research, the ₹15 lakh PA cover generally provides compensation in case of:
• Accidental death of the owner-driver.
• Permanent total disability caused by a road accident.
• Permanent partial disability, depending on the severity.
• This ensures that either I or my family has financial support during unfortunate situations.
How Claims Can Be Made:
If such an accident happens, the claim can be filed by me (in case of disability) or by my nominee/family (in case of death). The process involves:
• Informing Reliance General Insurance immediately.
• Submitting the policy number, FIR copy (if applicable), medical/hospital records, or death certificate.
• Reliance then settles the claim as per the cover limit.
Why It’s Important:
I realized this cover is not just an add-on, but a mandatory benefit that provides peace of mind and financial safety for loved ones.
Official Website for More Details:
For detailed policy terms and claim process, you can visit the official Reliance General Insurance website: