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सूचना

यो पृष्ठमा निर्माण कार्य भइरहेको छ ।

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Tuition Protector

Group Term Assurance Policy - Affinity

The “Tuition Protector” plan is designed to protect your students’ ability to continue their education in the event of the death or disability of the parents who is responsible for the student’s school or college tuition fees and to reimburse medical treatment bills incurred for accidental incidents occurring on students.

The Tuition Protector Plan pays lump sum amount of sum insured or monthly fee payment either for 12 months or 24 months up to sum insured amount in the event of death or disability of parent. The plan provides flexible benefits that can be customized to fit the needs of your institution, students & their parents.

Overview

Group Personal Accident & Health

i. Accidental Death (AD)
If an accidental injury results in the death of an insured member within One hundred eighty three (183) days from the date of the accident, the insured amount shall be paid to his/her beneficiary.

ii. Dismemberment, Loss of Sight, Hearing, and Speech Indemnity
If an accidental injury results in any of the following losses to an insured member within One hundred eighty three (183) days from the date of the accident, the payment shall be made in one lump sum to the insured member in accordance with the applicable percentage indicated here below to be applied to the insured amount.

Disability Applicable percentage Disability Applicable percentage Disability Applicable percentage
Loss of Both Hands or Both Feet 100% Loss of either Hand or Foot and Sight in one eye 100% Loss of either Hand or Foot 50%
Loss of Sight in Both Eyes 100% Loss of Speech 100% Loss of Sight in one Eye 50%
Loss of one Hand and one Foot 100% Loss of Hearing in Both Ears 100% Loss of Thumb & Index Finger 25%

iii. Total and Permanent Disability (PTD)
If, as the result of an accidental injury an insured member becomes Totally Disabled within One hundred eighty three (183) days from the date of the accident and such disability has continued for a period of twelve (12) consecutive months, the benefit amount shall be paid in a lump-sum to such insured member.

iv. Accidental Medical Expenses Reimbursement (AMR)
If, as a result of an accidental injury, an insured member shall require treatment by a physician, use of hospital facilities, or the employment of a licensed nurse while at the hospital within the thirty (30) days after the date of the Accident, the Reasonable, Customary and Necessary medical expenses incurred within one (1) Year from the date of the accident for such physician treatment, hospital charges and nurses fees, which are in excess of the deductible (Rs. 500) and up to insured amount limit stated in the Policy shall be paid.

v. Loss of Life (Death due to Accident or Sickness)

In the event of the insured member's death due to any cause - accident or sickness occurring anywhere in the world, except for death resulting from active participation in war or war like operations, and suicide, the benefit amount shall be paid in a lump-sum to his/her beneficiary.