To claim for settlement of Insurance cover under the Group Personal Accidental Death Insurance Policy, the claimant/legal heir is required to submit –
Company Savings Bank Product Amount of Sum Insured Coverage Validity
The Oriental Insurance Company Limited BSBD Accounts Rs. 0.50 Lakh Personal Accidental Death cover of Rs. 0.50 Lakh Valid from 07.09.2022 up to 06.09.2023*
BOI Star Yuva SB Accounts (age 18-21 years) Rs. 0.50 Lakh Personal Accidental Death cover of Rs. 0.50 Lakh Valid from 07.09.2022 up to 06.09.2023*
BOI Saral Salary Account Scheme - SB 165 Rs. 2 Lakh Group Personal Accidental Death Insurance of Rs. 2 Lakh Valid from 07.09.2022 up to 06.09.2023*
Star Ratnakar Bachat Salary Account - SB 164 Rs. 5 Lakh Group Personal Accidental Death Insurance of Rs. 5 Lakh Valid from 07.09.2022 up to 06.09.2023*
BOI Star Yuva SB Accounts ( above 21 years ) Rs. 5.00 Lakh Personal Accidental Death cover of Rs. 5.00 Lakh Valid from 07.09.2022 up to 06.09.2023*
Private Sector Employees (Spl. Charge Code 0204) Rs. 30 Lakhs. Group Personal Accidental Death Insurance of Rs. 30 Lakhs Valid from 07.09.2022 up to 06.09.2023*
Star Mahila SB Account ( SB 167 ) Rs. 5.00 Lakh Personal Accidental Death cover of Rs. 5.00 Lakh Valid from 01.10.2022 up to 30.09.2023#
Star Gurukul Salary Account - SB163 (Special charge code - GURU) Rs. 30 Lakhs. Group Personal Accidental Death Insurance of Rs. 30 Lakhs. Valid from 01.10.2022 up to 30.09.2023#
SB Pensioners under scheme code (SB-121 ) Rs. 5.00 Lakh Personal Accidental Death cover of Rs. 5.00 Lakh Valid from 01.10.2022 up to 30.09.2023#
SB Diamond Customers Rs. 5.00 Lakh Personal Accidental Death cover of Rs. 5.00 Lakh Valid from 01.10.2022 up to 30.09.2023#
Star Senior Citizen SB accounts (SB166) Rs. 5.00 Lakh Personal Accidental Death cover of Rs. 5.00 Lakh Valid from 01.10.2022 up to 30.09.2023#
The National Insurance Company Limited (NICL) Salary Plus-Para Military Forces Rs.50.00 Lakhs Group Personal Accidental Death Insurance Cover of upto Rs 50 Lakhs* Permanent Total Disability Cover of upto Rs. 50 lakhs* Permanent Partial Disability Cover (50%) of upto Rs 25 lakhs.* Education Benefit of Rs.2 lakh (for cases resulting in death/PTD)* Golden Hour Cashless Hospitalisation upto Rs.1 lakh (for cases resulting in Death/PPD/PTD).* Air Accidental Insurance cover of Rs. 1 Cr* *Terms and Conditions Apply Valid from 01.07.2022 up to 12.06.2023@
Salary Plus-State & Central Govt. employees Rs.50.00 Lakhs Group Personal Accidental Death Insurance Cover of upto Rs 50 Lakhs* Permanent Total Disability Cover of upto Rs. 50 lakhs* Permanent Partial Disability Cover (50%) of upto Rs 25 lakhs.* Education Benefit of Rs.2 lakh (for cases resulting in death/PTD)* Golden Hour Cashless Hospitalisation upto Rs.1 lakh (for cases resulting in Death/PPD/PTD).* Air Accidental Insurance cover of Rs. 1 Cr* *Terms and Conditions Apply Valid from 01.07.2022 up to 12.06.2023@
Salary Plus-Employees of Public sector Undertakings Rs.50.00 Lakhs Group Personal Accidental Death Insurance Cover of upto Rs 50 Lakhs* Permanent Total Disability Cover of upto Rs. 50 lakhs* Permanent Partial Disability Cover (50%) of upto Rs 25 lakhs.* Education Benefit of Rs.2 lakh (for cases resulting in death/PTD)* Golden Hour Cashless Hospitalisation upto Rs.1 lakh (for cases resulting in Death/PPD/PTD).* Air Accidental Insurance cover of Rs. 1 Cr* *Terms and Conditions Apply Valid from 01.07.2022 up to 12.06.2023@
Salary Plus- Jai Jawan Salary Plus Account Scheme Rs.50.00 Lakhs Group Personal Accidental Death Insurance Cover of upto Rs 50 Lakhs* Permanent Total Disability Cover of upto Rs. 50 lakhs* Permanent Partial Disability Cover (50%) of upto Rs 25 lakhs.* Education Benefit of Rs.2 lakh (for cases resulting in death/PTD)* Golden Hour Cashless Hospitalisation upto Rs.1 lakh (for cases resulting in Death/PPD/PTD).* Air Accidental Insurance cover of Rs. 1 Cr* *Terms and Conditions Apply Valid from 01.07.2022 up to 12.06.2023@
Staff Salary Accounts Rs.50.00 Lakhs Group Personal Accidental Death Insurance Cover of upto Rs 50 Lakhs* Permanent Total Disability Cover of upto Rs. 50 lakhs* Permanent Partial Disability Cover (50%) of upto Rs 25 lakhs.* Education Benefit of Rs.2 lakh (for cases resulting in death/PTD)* Golden Hour Cashless Hospitalisation upto Rs.1 lakh (for cases resulting in Death/PPD/PTD).* Air Accidental Insurance cover of Rs. 1 Cr* *Terms and Conditions Apply Valid from 01.07.2022 up to 12.06.2023@
BOI Rakshak Salary Account (Spl. Charge code: Raksh) Rs. 50.00 Lakhs Group Personal Accidental Death Insurance Cover of upto Rs 50 Lakhs* Permanent Total Disability Cover of upto Rs. 50 lakhs* Permanent Partial Disability Cover (50%) of upto Rs 25 lakhs.* Education Benefit of Rs.2 lakh (for cases resulting in death/PTD)* Golden Hour Cashless Hospitalisation upto Rs.1 lakh (for cases resulting in Death/PPD/PTD).* Air Accidental Insurance cover of Rs. 1 Cr*. *Terms and Conditions Apply Valid from 01.07.2022 up to 12.06.2023@
Please note for Salary Plus-Para Military Forces, Central & State Employees and PSU, Jai Jawan Salary Plus,Staff Salary and Rakshak Salary accounts previous coverage shall continue from 13.06.2022 up to 30.06.2022 with NICL Rs. 30.00 Lakhs Group Personal Accidental Death Insurance Cover of upto Rs 30 Lakhs* Permanent Total Disability Cover of upto Rs. 30 lakhs* Permanent Partial Disability Cover of upto Rs 15 lakhs.* Air Accidental Insurance cover of Rs. 1 Cr* *Terms and Conditions Apply Valid from 13.06.2022 up to 30.06.2022@
  • * (Claims for any accidental death before or upto 06.09.2019 is covered by NICL and after 06.09.2019 is covered by HDFC ERGO GIC ltd.)
  • # (Claims for any accidental death before or upto 30.09.2019 is covered by NICL and after 30.09.2019 is covered by HDFC ERGO GIC ltd.)
  • @ (Claims for any accident before or upto 12.06.2022 is covered by The New India Assurance Company and after 12.06.2022 is covered by NICL ltd.)

Note
NOTE:- The cover is subject to settlement of claim by the insurance company without any liability of the bank. The rights and liabilities of the insured shall be with the insurance company. It is clarified that insurance contracts or any of its terms shall not be binding on the Bank and the bank takes no responsibility towards either the insurance company or the insured. Bank holds the right to withdraw the facility at its discretion in any subsequent year.