Personal Accident Death Cover by Air / Road/Rail - Base Sum assured Rs. 5,00,000
In addition, the customer is also eligible for an accelerated insurance cover of upto Rs. 5 lakhs, basis his/her Spends using the Debit Card at merchant outlets or online
Accelerated table for Debit Cards:
| Spends in One Year | Maximum Accelerated Sum Insured Payable (Including base Cover) (Rs.) |
|---|---|
| One POS txn/ Registration for Standing Instruction (Less than 50,000) | 500,000 |
| 50,001 - 100,000 | 600,000 |
| 100,001 - 150,000 | 700,000 |
| 150,001 - 200,000 | 800,000 |
| 200,001 - 250,000 | 900,000 |
| 250,001 - 300,000 | 1,000,000 |
| 300,001 - 350,000 | 1,100,000 |
| 350,001 - 400,000 | 1,200,000 |
| 400,001 - 450,000 | 1,300,000 |
| 450,001 - 500,000 | 1,400,000 |
| Above 500,000 | 1,500,000 |
Note: The Insurance Cover is subject to the Debit Card variant held by the customer.
Important:
In order to claim the Personal Accident Death Cover, the claimant (nominee of the customer’s account / legal heir) should submit the below mentioned documents within 1 month of Cardholder’s death, at any nearest HDFC Bank branch.
The branch would guide further on the process to be followed.
*Terms & Conditions as per Cardholder’s agreement applicable