IPPB’s Group Accident Guard (GAG) Policy: Affordable Accident Protection at ₹320/Year
Accidents are sudden and often leave us unprepared. India Post Payments Bank’s Group Accident Guard (GAG) Policy offers simple, reliable financial cover starting at just ₹320 per year. Whether it’s a minor mishap or a major incident, GAG ensures you and your family have the support you need fast.
Coverage Options Tailored to You
Essential Cover (₹320/yr):
Accidental death & disability up to ₹10,00,000
In-patient medical expenses up to ₹50,000
Family travel allowance up to ₹10,000
Accidental death & disability up to ₹10,00,000
In-patient medical expenses up to ₹1,00,000
Daily cash benefit of ₹1,000 for up to 10 days
Education benefit: 10% of sum insured for up to two children (max ₹1,00,000)
Family travel allowance up to ₹25,000
Key Advantages of GAG Policy
Ultra-Affordable Premiums: Coverage that costs less than ₹1 per day.
No Medical Tests: Instant approval without health checks.
Terrorism Coverage: Protection against unforeseen terror-related incidents.
Unlimited Teleconsultations: Virtual doctor access via the TATA AIG app.
Evacuation & Repatriation: Cover for emergency transport and return of remains.
IPPB customers aged 18–65 years
One-year policy term, renewable annually
Simple documentation: ID and age proof
Visit any IPPB branch or log in to the IPPB online portal.
Select Essential or Premium cover.
Submit basic documents and pay the premium.
Receive your policy instantly digital copy online and physical copy on request.
When compared to similar plans from SBI General, HDFC ERGO, or ICICI Lombard, GAG offers equal or better benefits at lower annual costs. Plus, unique additions like education support and daily cash allowances make it a comprehensive solution for families.
Life’s uncertainties don’t wait. Secure your financial peace of mind today with IPPB’s trusted accident protection. Enroll online or at your nearest IPPB branch and get covered instantly.
Learn more and sign up now: 👉 BackBencher Buzz
