iob_bank_universal_sompo_general_insurance

अंतिम अद्यतन तिथि :04/02/2026
यूनिवर्सल सोम्पो जनरल इंश्योरेंस

IOB Suraksha - Plan A & Plan B "IOB SURAKSHA" is a personal accidental death cover tailor-made for our IOB customers in tie up with our Insurance Partner M/s. Universal Sompo General Insurance Co Ltd for providing

Accidental Death Coverage Benefit Only.

Details Plan A Sum Insured Rs. 5 Lakhs Annual Premium Rs. 150 + Applicable GST ie. Rs. 177/- Plan B Sum Insured Rs. 10 Lakhs Annual Premium Rs. 300 + Applicable GST ie. 354/

Salient Features of the Product: · Product is available for all the Savings Bank Accounts customers (including SB NRE & SB NRO) / Current Account customers of Indian Overseas Bank. · Entry age under the product is from 18years to 70 years and it can be renewed lifelong renewable, subject to payment of renewal premium by the customer.Same premium for all Age Group of customers. · This policy can be sold across the counter to customers having SB/ CA accounts from any Branch of IOB. (For CC/Loan customers the premium should be debited only from his/her SB/CA accounts and not from the CC or Loan accounts). · Simple Claim procedure and the claim can be intimated with any of the IOB Branches or of USGIC Branch across Pan India for further processing. The geographical scope of this policy will be worldwide; however, the claims will be settled in India in Indian rupees only.

Universal Sompo General Insurance: IOB Suraksha - Plan C

Gist of the Product details is as follows:

   

Name of the Product

IOB Suraksha- Plan C

Entry Age

18-70 Years

Maximum Renewal Age

Life Long Renewal

Sum Insured Criteria

 

Accidental Death

Rs.20.00 lakhs

Permanent Total Disablement

Rs. 20.00 Lakhs

Additional Benefits

 

Funeral Expenses means the cost of organizing and carrying out a funeral and would include expenses for burial, cremation or other culturally chosen method of interment of a corpse

Covered Up to Rs. 5,000/-

Carraige of Mortal Remains

Covered Up to Rs. 10,000/-

Ambulance charges for transportation of Insured person to Hospital following accident -

Covered Up to Rs 10,000

Air Ambulance for transportation in an airplane or helicopter for emergency arising out of an accident which requires immediate and rapid ambulance transportation to the nearest hospital.

Covered Up to Rs. 500,000/-

Lifestyle modification Benefit to be carried out in the insured's residence and/or vehicle due to permanent total disability (PTD)

Covered up to Rs.50,000/-

Children's Education means the financial burden of the Insured Person or his/her nominee/legal heir for the education of dependents [up to 25 years of age] following the Death/Disappearance or Permanent Total Disablement of the Insured Person due to accident.

Covered up to Rs. 50,000/-

Premium including GST

Rs. 900/-