Accident Insurance

Salary Accounts

Insurance

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Accident Insurance

  • Continuation of PAI and other cover beyond 04.04.2025 is subject to policy renewal, at bank’s sole discretion

Life Insurance

 
  • Continuation of life insurance cover beyond 21.02.2026 is subject to policy renewal, at bank’s sole discretion
 
  • Please note :
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  • 1. For PAI Claims where the salary account holder meets with an accident between the given policy periods for respective policy years and expires/ disabled after the Policy Period but within 12 months of Accident, should be submitted to the respective Insurance Company directly using above forms and any other documents required by Insurance company. Above Cover are available subject to Concerned account being categorised under respective salary package / variant in Bank’s system basis customers written application and salary being credited to the account. Claims must be intimated to the insurance company within 90 days and all related document to be submitted within 180 days of the incident. All claims will be reported by the claimants directly to the insurance company, bank will not be a party to the claim settlement process or any dispute arising out of the claim settlement process or decision of the insurance company thereon.
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  • 2. *For Life Insurance Claims where the salary account holder passes away during the given policy period (s), the claims should be submitted to the respective Insurance Company directly using above forms and any other documents required by Insurance company. The life insurance cover will be available subject to the employer of the account holder signing an MoU with the bank and agreeing to provide the employee data to insurer for addition in the policy. Further, the life insurance cover is also subject to, concerned account being categorised under respective salary package / variant in Bank’s system basis customers written application, explicit consent for data sharing with insurance company and salary being credited to the respective account. Claims must be intimated to the insurance company within 90 days and all related document to be submitted within 180 days of the incident. All claims will be reported by the claimants directly to the insurance company, bank will not be a party to the claim settlement process or any dispute arising out of the claim settlement process or decision of the insurance company thereon.
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  • * Conditions apply