Ability Shield Insurance Policy - Group
Providing financial support during
periods of occupational disability
or functional incapacity
About the Policy
At Raheja QBE we believe in going above and beyond our services to create a positive experience for our customers. The Ability Shield Insurance offered by us applies this idea by taking care of financial liabilities during period of occupational disability or functional incapacity.
What is covered?
1. Monthly benefit.
2. Under this cover, we will pay the monthly benefit, if the Insured Person suffers from continuous Occupational Disability and/or continuous Functional Incapacity, during the Policy Period, due to any illness or injury.
3. The monthly benefit payout shall be, equal to the benefit option chosen and shall be paid maximum up to the benefit period as specified in the Policy Schedule / Certificate of Insurance.
Important details
Features
Convalescence Benefit
- Financial Protection during the period of Occupational Disability and/or Functional Incapacity arising out of Sickness and Accident.
- Option to choose Benefit period of choice from given options.
- Option to choose Qualifying period that suits your requirement.
Exclusions
Pre-Existing Disease (PED) and its direct complications shall be excluded for 36 months.
Intentional self-Injury (including but not limited to the use or misuse of any intoxicating drugs or alcohol) or attempted suicide.
Accident while under the influence of alcohol or drugs or other intoxicants.
Participation in an actual or attempted felony, riot, crime, misdemeanour or civil commotion.
Insured Person committing or attempting to commit a breach of law with criminal intent.
Whilst engaging in Aviation or Ballooning or whilst mounting into, dismounting from or traveling in any balloon or aircraft other than as passenger (fare paying or otherwise) in any duly licensed standard type of aircraft.
Participating in motor racing or trial run as a driver, co-driver or passenger.
Please refer to the Policy Wording for a complete list of exclusions.
