<\/span><\/h2>\n\n\n\nKavach is FatakPay’s accident insurance plan offering coverage of up to \u20b910 Lakhs at just \u20b9349 per year. Here is what it protects you against: <\/p>\n\n\n\n
Disability and Death Benefits<\/strong> <\/p>\n\n\n\n\n- Accidental Death<\/strong> – 100% of the sum insured, which is \u20b910 Lakhs, paid directly to the nominee <\/li>\n<\/ul>\n\n\n\n
\n- Permanent Total Disability<\/strong> – 100% payout for total loss of sight in both eyes, loss of use of two limbs, or total paralysis conditions including paraplegia, quadriplegia, or hemiplegia <\/li>\n<\/ul>\n\n\n\n
\n- Specific Permanent Disabilities<\/strong> – 50% payout, which is \u20b95 Lakhs, for conditions such as loss of sight in one eye or loss of use of a single hand or foot <\/li>\n<\/ul>\n\n\n\n
\n- Permanent Partial Disability<\/strong> – payouts ranging from 3% to 50% of the sum insured depending on the nature and extent of the injury <\/li>\n<\/ul>\n\n\n\n
<\/span>Recovery and Support Benefits<\/strong> <\/span><\/h2>\n\n\n\n\n- Hospital Confinement Allowance<\/strong> – \u20b91,000 per day up to a maximum of \u20b930,000 <\/li>\n<\/ul>\n\n\n\n
\n- Accidental Hospitalization Cover<\/strong> – reimbursement of up to \u20b950,000 for hospital and treatment expenses <\/li>\n<\/ul>\n\n\n\n
\n- Children’s Education Benefit<\/strong> – \u20b950,000 per child for up to two children in the event of accidental death or disappearance <\/li>\n<\/ul>\n\n\n\n
\n- Transportation of Mortal Remains<\/strong> – up to \u20b910,000 covered <\/li>\n<\/ul>\n\n\n\n
<\/span>Why Kavach Makes Sense Specifically for Borrowers<\/strong> <\/span><\/h2>\n\n\n\nWhen you are repaying a loan, your financial obligations do not pause if you have an accident. EMIs continue to fall due. Rent and utilities still need to be paid. Your family still depends on you. Kavach provides the financial buffer that ensures a sudden accident does not turn into a financial crisis on top of a personal one. <\/p>\n\n\n\n
The Hospital Confinement Allowance of \u20b91,000 per day and the Accidental Hospitalization Cover of up to \u20b950,000 specifically help bridge the income gap during recovery – covering both medical costs and the financial pressure of being unable to earn during that period. <\/p>\n\n\n\n
For a borrower managing active loan repayments, this kind of support can be the difference between staying on track financially and falling behind on commitments that affect their credit profile. <\/p>\n\n\n\n