Lifestyle Magazine

All You Need to Know About a Stampede Insurance Policy

By Wonderland57

Loan Against Shares

No matter how careful you are while traveling in a crowded means of transport or when visiting a famous pilgrimage destination in its peak time, there are chances of getting hurt in a stampede. Take, for instance, the stampede that broke out at the Elphinstone Road station railway station in Mumbai in 2017, which caused terror and resulted in death and injuries. A similar event occurred in Mina, Saudi Arabia, in 2015, which harmed thousands of pilgrims.

Even though you cannot avoid a stampede, it is important to take precautionary measures. One way to do this is by availing a Stampede Insurance offered by reputable financial institutions like Bajaj Finserv. Before you think about applying for a Stampede Insurance from Bajaj Finserv, take some time to understand its features and coverage.

1. A stampede insurance policy is easy to apply for – You can sign up for a stampede insurance easily and quickly. Just fill out an online application form and pay the premium to buy your insurance plan in minutes!

2. A stampede insurance policy has a significant cover – By signing up for a Stampede Insurance from Bajaj Finserv, you get access to a high sum insured of up to Rs.2 lakh for a very low premium.

3. A stampede insurance covers more than just death – A stampede insurance policy not only covers death caused due to a stampede, but also an array of other accidents. The following is the list of events and their associated compensation:

  • The policy covers death and offers an amount of up to Rs.2 lakh.
  • The stampede policy covers permanent total disability and offers a compensation of up to Rs.2 lakh.
  • The stampede policy pays for road ambulance up to Rs.25,000.
  • The stampede policy cover pays for the treatment of fractures up to Rs.50,000.

What does a stampede insurance policy exclude?

  • The stampede insurance offered by Bajaj Finserv doesn’t cover individuals aged below 18 years and above 70 years.
  • It doesn’t cover accidents caused by reasons other than a stampede.
  • The stampede policy doesn’t cover hospitalisation caused due to an existing disability.
  • The policy doesn’t cover hospitalisation caused due to a prior accident caused due to a stampede.
  • It also excludes a stay in the hospital without taking any treatment.
  • Filing a claim under this cover is also easy. To file a claim under a stampede insurance policy, you can contact Bajaj Finserv by:
  • Writing an e-mail to [email protected]
  • Dialling 1800-209-1021, the toll free number

So, sign up for stampede insurance to protect yourself and your loved ones. Cut down long-winded processes and check your pre-approved offer from Bajaj Finserv to enjoy customised deals, instant approval, and quick finance on a range of insurance policy and financial services.


Back to Featured Articles on Logo Paperblog

Magazine