Personal Accident Insurance

  • To provide compensation in the event of an accident causing death or injury
  • The purpose of personal accident insurance is to pay fixed compensation for death or disablement resulting from accidental bodily injury.
  • Personal accident and sickness policies are renewable annually and if a claim has occurred which could be of a recurring nature, the cover may be restricted at renewal or in severe cases renewal may not be offered
  • It is against accident happening at anytime and anywhere including flying as a ticket holding passenger in an aircraft operated by an Air Transport organization providing scheduled air services.

Three types of Table:

  • Table A
  • Table B
  • Table C

Table A
Death permanent and temporary disablements.

Table B
Death permanent total and partial disablements.

Table C
Death only.

Compensation Scale

Table ATable BTable C
CLASS 1TK.30.00TK 12.50TK 8.50
CLASS 2TK.40.00TK.16.00TK.11.00
CLASS 3TK.50.00TK.21.00TK.15.00
  • Annual Premium for Sum Insured of Tk.10, 000.
  • For Ages between 16 and 65 years.
  • Larger compensation medical expenses can be included under Table “A” at an additional premium @10% of basic premium.

Group Personal Accident Policy

Issued where there is some common relationship among the persons to be insured.