Some Free Insurance you may not be aware of

Do you know that free insurance cover facility is offered along with many goods and services?

My friend had an accident at home. It was due to LPG Gas cylinder. Two people from family were hospitalized. Unfortunately, She has not purchased a medical insurance policy. However, She was aware of free insurance facility offered with LPG gas cylinder. She filed his claim along with medical bill and reports and She was able to get claim settlement for She hospitalization. It was a great relief to Sher. She was able to file this claim as She was aware of such free insurance. Usually, people are not aware of free insurance policies. So, Here I would like to share about some free insurance that you might have not aware.

Debit / Credit card Free Insurance: Cover – Up to 10 Lakh

If you are holding ATM card, you can avail free accidental insurance (without paying any premium) on your debit cum ATM card. Almost all private and public sector bank provides free accidental insurance on ATM card. The amount of insurance cover varies from bank to bank. The cover is in the range of Rs.50,000 to Rs.10 Lakh. In order to avail this benefit your account should be active. This facility is not given for inoperative account. Apart from accidental insurance, many banks provide medical insurance with hospitalization benefit also.

LPG Gas cylinder Free Insurance: Cover – Up to 40 Lakh

Every register LPG gas cylinder holder is automatically enrolled in an accidental insurance policy that provides coverage of 40 Lakh. This also includes medical expense up to 30 Lakh and property damage up to 2 Lakh. To avail benefit of free accidental insurance, the customer has to inform the distributor in writing about the event immediately.

Air Travel Free Insurance: Cover – Variable

Most of the airline offers bundled accidental insurance cover along with flight ticket. An insurance amount under this case is variable and depends on the airline. In addition to that few banks also offer coverage of accidental insurance along with ATM card.

IRCTC Rail Insurance: Cover – Up to 10 Lakh

IRCTC offers free accidental insurance up to 10 Lakh for the passenger buying ticket online. This insurance cover is applicable for the confirm ticket only. This insurance also covers disability benefits.