HERE is a an important message regarding AGE LIMIT FOR claiming PERSONAL ACCIDENT INSURANCE COVER.
There is a limit. As of now, as per the available information, the Max. limit is 80 yrs, Those who die in an accident whose age at the time of accident shall not be more than 80 yrs. This limit also varies from Bank to bank.
We have to clarify before making any claim.
This condition may change later on.
All are requested to note the same and pass on to other veterans also.
or For Defence Salary
Package (DSP) accounts, the Personal Accident Insurance (PAI) cover generally
extends to serving personnel up to retirement age (often 60 or 62),
and for pensioners up to age 70 (sometimes 80 for specific covers),
with maximums depending on the bank (like SBI, BoB) and specific account type,
covering death/disability, with child education/marriage benefits often up to
age 25.
For
Serving Personnel:
·
Age Limit: Typically
18 years to retirement age (e.g., 60 years), as noted by Bank of Baroda and
Bank of Baroda.
·
Cover: Includes high PAI
for death/disability during duty and off-duty, as per Bank of Baroda.
For
Pensioners (Retired Personnel):
·
Age Limit: Coverage
often continues, with benefits extending up to age 70 or even 80 for certain
disability/accident covers, as seen in Bank of Baroda and Scribd.
·
Coverage: Includes PAI, often
with continued benefits for disability and specific child benefits, say Scribd.
All
