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For whom is the insurance cover applicable?
Any individual, holding Eighty Plus Deposit, of less than 70 years of age as on date of deposit, is eligible for the insurance cover. However, in case of joint account, the First Named person will be covered.
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Whether individual policies will be sent to the customers?
No. This is a group insurance policy, where the Bank pays / renews the premium.
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If a depositor has multiple deposits, as first applicant, (at the same branch or in other branches), under this scheme can the insurance cover be compounded?
No. Maximum eligible cover is Rs. 1 lakh.
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On death of the insured, who will be eligible for claim?
Legal heirs of the insured (the 1st applicant).
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What is the procedure to lodge the claim?
In case of a tragic death by accident, the legal heir(s) of the insured should intimate the Insurance Company in the address below. The Claim Form is to be duly filled and submitted to Bajaj Allianz with other necessary documents (FIR, Post Mortem report, Certificate showing proof as Legal Heir(s), Photo identity proof of legal heir(s), etc. as required by the Insurance Company). Please click on the links given below to download the claim form.
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Mr. Ganesh G. R.
Asst. Manager (Claims)
Bajaj Allianz General Insurance Co. Ltd.
Door No. 11, 3rd Floor, People’s Park,
Govt. Arts College Road,
Coimbatore – 641 018.
Phone: 0422 - 4392345
or
Mr. Saju Chandradasan
Deputy Manager (Technical)
Bajaj Allianz General Insurance Co. Ltd.
Door No. 11, 3rd Floor, People’s Park,
Govt. Arts College Road,
Coimbatore – 641 018.
Phone: 0422 – 4392345
| DISCLAIMER: "The South Indian Bank Limited" at any time is not liable to pay to the customer the amount claimed. |
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