Post Office Insurance: Just ₹2 a Day for ₹10 Lakh Cover – Best Budget Policy for Common People!

Post Office Insurance: Just ₹2 a Day for ₹10 Lakh Cover – Best Budget Policy for Common People!

Here’s some fantastic news from the Post Office for the common man. In today’s world, buying an insurance policy often involves paying a premium in thousands. But now, the India Post Payments Bank (IPPB), in collaboration with Tata AIG, is offering a low-cost accident insurance policy that covers up to ₹10 lakh at just ₹2 per day.

This policy, called the Tata AIG Group Accident Insurance, has been specially launched keeping the needs of common citizens in mind. The goal is to offer strong financial protection at a very affordable premium.

Post Office Insurance: Key Features of the Policy:

• Insurance Cover Options: ₹5 lakh or ₹10 lakh

• Annual Premium: ₹339 (for ₹5 lakh), ₹699 (for ₹10 lakh)

• Eligibility Age: 18 to 65 years

• Eligible Customers: Any IPPB account holder

• Policy Term: 1 year

• Coverage Includes:

  • Accidental death

  • Permanent disability

  • Bone fractures

  • Burn injuries

  • And many other accidental medical emergencies

Additional Information:

• You must have an IPPB account to purchase this insurance.

• An account can be opened with just ₹100.

• The policy can be purchased via the IPPB mobile app or by visiting the nearest post office.

• The entire process is digital, and the policy certificate is issued instantly.

Who Should Consider This Policy?

This insurance is ideal for:

• Workers

• Drivers

• Delivery agents

• Rural laborers

• People without any existing insurance

With a yearly premium starting at just ₹339, it is an affordable and effective solution for personal financial protection.

Mission of IPPB & Tata AIG:

Their shared goal is to make insurance accessible to every household in India. This policy reaches people digitally, with no agent involvement, no paperwork, and no hassles.

What’s Not Covered (Exclusions):

• Pre-existing diseases, suicide, or intentional self-injury

• Accidents under the influence of alcohol or drugs

• Adventure sports, professional sports, war, terrorism, radiation exposure

• Criminal or illegal activities

How to File a Claim:

If you need to raise a claim, follow these simple steps:

SMS:
Send “CLAIMS” to 5616181

Call:

• General Helpline: 1800-266-7780

• Senior Citizens: 1800-22-9966

Email:

• For claims: general.claims@tataaig.com

• For document submission: paclaim.support@tataaig.com

Documents Required for Claims:

• Insurance policy certificate

• Name, date, and time of the injured person

• Hospital or police station report

• Detailed claim information and contact details

Customer Support & Assistance:

• Call: 1800-266-7780 / 022-66939500

• Senior Citizen Helpline: 1800-22-9966

• Email: customersupport@tataaig.com

Insurance Coverage Breakdown: