We’re so glad you want to know about this. The Loan Protect Plan (Accident) offers you a range of benefits in case you need to raise a claim. One important point to note is that in case there is any balance amount after settling the loan with the lender, it will be paid to you (the insured person) or your nominee. Here are the coverage details:

- For hospitalisation due to an accident

     - 1 EMI covered for hospitalisation between 5 and 9 days

     - 2 EMIs covered for hospitalisation between 10 and 14 days

     - 3 EMIs covered hospitalisation over 14 days

- Full loan amount covered in case of accidental death

- Full loan amount covered in case of permanent total disability

We recommend that you read the full policy document to understand the coverage offered in detail.