RQBE Disability Income Protect – Group
Insurance Policy
Covering loss of income or
other expenses
About the Policy
At Raheja QBE we believe in going above and beyond our services to create a positive experience for our customers. The RQBE Disability Income Plan offered by us applies this idea by taking care of Loss of income or Other defined financial liabilities arising out of a Disability.
What is covered?
Income Protection
- Monthly Temporary Disability Income (MTDI)
Under this cover, we will pay a monthly benefit if the Insured Person suffers from a Disability during the Policy Period, due to any illness or injury.
- Lump-Sum Permanent Disability Income (LPDI)
Under this cover, we will pay a one-time single fixed lump sum amount if the Insured Person suffers from a Disability
Credit Card Minimum Amount Protection
The monthly benefit payout shall be equal to the monthly Credit Card minimum amount due or 5% of the Credit Card Limit, whichever is lower, and shall be paid maximum up to the benefit period.
Loan Protection
The monthly benefit payout shall be equal to the actual loan EMI up to specified limit, payable maximum up to the benefit period.
Personal Expenses Assistance
The monthly benefit payout shall be, equal to the benefit option chosen and shall be paid maximum up to the benefit period.
Important details
Features
- Income Protection for disability 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
Key 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.
