APP-HC

							About us - HDFC Chubb General Insurance

• Joint venture with Chubb Corporation, USA - a leading property
  & casualty insurer
    – with $ 30 Billion in assets;
    – 5th largest global insurance company;
    – the 3rd most respected financial company by the Financial Times

• Paid up capital at Rs 101 Crores with HDFC holding 74% &
  Chubb Corporation the remaining 26%

• HDFC & Chubb collectively bring an experience of over a 100 years in
  the financial sector
HDFC Bank Limited – APP HC

• Accident Protection Plan Hospital Cash- APP- HC

• Offers 5 options from a minimum coverage of Rs. 15 Lacs to a
  maximum of Rs. 75 Lacs

• Offers to pay a benefit up to the maximum Sum Insured in the event of
  Accidental Death or Permanent Disability

• The cover provided is applicable 24 hours a day, 7 day a week, 365 / 366
  days of the year

• The individual stands protected by this Personal Accident cover in India
  and any other location worldwide
Accident Protection Plan - Hospital Cash

• Key benefits of the plan -

    – Accidental Death - Covers the insured in case of loss of life in an accident
      up to 100 % of the Sum Insured.

    – Permanent Disability - Pays a benefit up to the maximum Sum Insured if
      the insured is permanently disabled due to an accident.

    – Broken Bones - Pays up to the maximum Sum Insured in the event of
      bodily injury resulting in broken bones due to an accident
Accident Protection Plan - Hospital Cash

Key benefits of the plan (cont’d)

• Temporary Total Disability: Pays a weekly benefit up to maximum of 52
  weeks if an accident causes disablement that prevents the insured person
  from engaging in or giving attention to his/her usual occupation.(1 week
  time deductible applicable)

• Last Rites: Pays a benefit towards the cost of the funeral of the insured
  person if an accident causes loss of life.

• Hospital Cash: Provides a daily benefit of Rs. 1,000 up to a maximum of
  30 days in case of hospitalization due to an Accident.
Accident Protection Plan- Hospital Cash

• Permanent Total Disability - Table of benefits
Accident Protection Plan- Hospital Cash

• Broken Bones - Table of benefits
Accident Protection Plan- Hospital Cash

• Broken Bones - Table of benefits (cont’d)
Accident Protection Plan- Hospital Cash


                                          (Premium amount in Rs.)
Accident Protection Plan- Hospital Cash

• Policy renewal & premium - Annual
• Paymode is
    – Standing Instructions / Cheque / Credit Card

• 5% benefit on renewal - Increase in Sum Insured on renewals on the
   basic Sum Insured for accidental death and permanent disability up to a
   maximum of 2 years
Accident Protection Plan- Hospital Cash

• Negative List:

    – Armed Forces (Army / Navy / Air Force)

    – Para-military Forces (BSF, RAF, CRPF, etc)

    – Professional Sports Persons

    – Hazardous Sports (Bungee jumping, Jet-Skiing, Para-gliding, etc)

    – Merchant Navy

    – Airline Pilots

    – Off-shore Workers (Oil rigs / Drilling platforms)
Recap on product

• Benefits
   – AD (100% of Sum Insured), PTD (up to 100% of Sum Insured)
     Broken Bones (up to the Sum Insured), Hospital Cash ( 1000 per day ),
     Last rites and Temporary Total disablement.
   – Annual policy with 5% additional benefit on Sum Insured at renewal


• Sum Insured
   – 5 plans - Sum Insured Rs. 15 lakh to Rs 75 lakh
   – Premiums ranging from Rs. 2,695 to Rs.19,014


• Payment methods
   – Direct Debit (HDFC Bank Accounts)/ Credit Card/Cheque
Mandatory requirements on proposal form

• Name, address & contact number
• Date of birth & sex
• Beneficiary or nominee details
• Selection of plan - Sum Insured
• Payment instruction - Standing Instruction/Credit Card/Cheque
• Proof of income above 25 Lakhs sum insured
• Signature on proposal form - MOST IMPORTANT
Claims

• HDFC Chubb provides a call-center to address any claim related calls

• This call-center is not limited to the geographic locations of our
  operations - All India coverage supported by a toll-free line
  1 800 226 226

• In the event of having to notify a claim, telephone calls shall be
  addressed by trained personnel and guidance will be provided

• All claims registered with HDFC Chubb shall be settled in 7 working
  days from the date of receiving complete documentation
Thank you