Accidents can happen at any time, often leaving families not only emotionally shaken but also financially burdened. For people with limited income, even small medical bills can turn into a major challenge. To help address this issue, the Indian Postal Department has partnered with Aditya Birla Capital to introduce a new accident insurance plan that provides strong protection at a very low cost.
This scheme has been designed to give peace of mind to families by ensuring they are financially secure in the face of unexpected accidents—all for less than the cost of a cup of tea each day.
What Is the Health-Plus Accident Insurance Scheme?
The Health-Plus Accident Insurance is a low-premium insurance plan that offers accident coverage of up to ₹15 lakh. The best part? You only need to pay a small annual premium of ₹755, which works out to about ₹62 per month or just ₹2 per day.
There is also a lower-tier option where you pay ₹549 per year and receive coverage of ₹10 lakh. But for a difference of just ₹200 more annually, most people will find the ₹15 lakh plan more attractive and worthwhile.
Who Can Apply?
The plan has been kept simple and inclusive so that more people can benefit. Here are the basic eligibility conditions:
- Available for all Indian citizens aged 18 to 65 years.
- Applicants must provide an Aadhaar card linked with their mobile number.
- A passport-size photo is required at the time of enrollment.
- Those in high-risk occupations, such as armed forces or extremely hazardous jobs, may not be eligible.
- In certain cases, a medical check-up may be requested before approval.
What Benefits Does It Provide?
The coverage goes far beyond basic accident insurance. It includes financial support in multiple areas that directly impact the family’s future:
1. Accidental Death Benefit
In the unfortunate event of death caused by an accident, the nominee receives the full insured amount. This ensures the family is financially supported even in the absence of the primary breadwinner.
2. Permanent Disability Coverage
If an accident results in permanent disability, the policyholder is entitled to receive the complete insured sum. This helps cover long-term treatment costs and provides financial stability during recovery.
3. Medical Expense Support
The plan includes up to ₹1 lakh for medical expenses. This covers situations like treatment for coma, severe injuries, fractures, or head injuries.
4. Funeral and Travel Expenses
The policy also covers:
- ₹5,000 for funeral expenses.
- ₹25,000 for a family member’s travel costs in case of emergencies.
5. Education Support for Children
To safeguard the future of the policyholder’s children, the scheme provides up to ₹1 lakh per year for the education of two children.
6. Counseling Services
The plan also includes free professional counseling, offering up to four sessions to help family members cope with emotional challenges after an accident.
Why This Scheme Is Worth Considering
There are several reasons why this new insurance scheme stands out compared to many other financial products available in the market:
- Extremely Affordable: At just ₹2 per day, even those with tight budgets can afford coverage.
- Wide Range of Benefits: It not only covers medical costs but also supports children’s education and family travel expenses, making it holistic.
- Trustworthy Backing: Being offered in collaboration with India Post adds reliability and accessibility.
- Simple Enrollment Process: No lengthy paperwork or complicated formalities—just visit your nearest post office and apply.
How to Apply
Joining the scheme is straightforward and can be done at any post office:
- Visit the nearest post office.
- Carry your Aadhaar card (linked with your mobile number) and a passport-size photo.
- Fill out the application form.
- Pay the premium based on the coverage plan you select—₹549 for ₹10 lakh or ₹755 for ₹15 lakh.
That’s it. Once approved, you and your family will be financially protected under the scheme.
A Quick Comparison of Plans
| Plan Option | Annual Premium | Coverage Offered | Cost Per Day |
| Basic Plan | ₹549 | ₹10 lakh | ~₹1.50 |
| Premium Plan | ₹755 | ₹15 lakh | ~₹2.00 |
Looking at the table, the higher plan clearly offers more value since just ₹200 extra per year gives you an additional ₹5 lakh in coverage.
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Final Thoughts
In today’s world, where medical bills and accident costs can quickly spiral out of control, having a safety net is no longer optional—it’s essential. The Health-Plus Accident Insurance Scheme introduced through post offices is a step in the right direction, especially for those who may not have access to expensive insurance policies.
For the cost of just a few rupees a day, you can ensure that your family won’t face financial hardship in the event of an accident. With benefits covering accidental death, disability, medical treatment, children’s education, funeral costs, and even counseling, this plan goes beyond the basics to provide comprehensive support.
If you have not yet secured accident insurance for yourself or your family, this is an opportunity worth considering. It’s affordable, practical, and designed to give peace of mind.
