No, You can take a policy individually or in a group. But the group should not be formed specially for taking the PA policy.* Is it possible to take personal accident policy with my brother in laws family also
Income proof is mandatory for Sum Insured more than 2 Lakhs in Public Companies.* Are there companies who offer personal accident policies which are not dependent on the IT returns you file. As I understand the PA policies of PSU insurance companies depends on the IT returns you file. You can PA policies up to 100 times your monthly income.
No.* Are any companies offering “floater ” personal accident policies.
For some parts 'Yes' for some parts 'No'.* I have SECURED FUTURE plan of Tata AIG. In case of any unfortunate accident, can the company from whom I take PA policy refuse compensation ( as I already have secured future plan of TATA AIG). I have also taken JANTA PERSONAL ACCIDENT POLICY from oriental insurance. Do these policies clash ?
Yes - For the claim of Income Loss.
No - For claim of 'Death' or loss of any other body parts etc.
Yes, 'Secured Future plan' of Tata AIG is a long term plan.* Are there any companies which offer PA policies for more than 1 year term.






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