Group Accident Guard Policy By IPPB & TATA AIG

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In alliance with TATA AIG, Indian Post Payment Bank (IPPB) brings Group Accident Guard (GAG) Policy for Indian citizens. This policy have good features in affordable price by common man. This policy provide insurance of sum assured 10 Lakhs in just Rs 399/- premium with annual frequency. Recently, IPPB enters in strategic alliance with TATA AIG. This GAG policy is result of this alliance. TATA AIG will be the Insurer & IPPB will be channel partner reaching to customers through its network.

GAG policy have many amazing features mentioning below:

  • Maturity of Rs. 10,00,000/- for accidental death
  • For the citizens with age between 18 to 65
  • Maturity on Disability in accident
  • Hospitalization expenses in accident of up to Rs 60,000/-
  • Child education expenses of Rs. 1,00,000/- per children maximum for two
  • Rs 25,000/- for after death rituals
  • Annual premium of Rs 399/-

This features are for indication only not exhaustive. For details please go through policy document by TATA AIG attached here with in resources section.

To take this GAG policy cover citizens need to have IPPB account OR POSB saving account. For citizens not having any of this account need his/her Aadhar Card. This policy available at India Post IPPB branch. Visit your nearest branch for more details.

Resources:


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