In an era where a single hospital visit can drain an entire family's savings, having affordable and reliable insurance coverage has become essential - not just for the urban population but for people living in small towns and villages as well.
Addressing this growing need, India Post Payments Bank (IPPB) and Reliance General Insurance have launched a Special Personal Accident Insurance Plan that offers extensive health and accident protection benefits starting at just ₹350 a year.
Let's explore how this scheme works, what benefits it offers, and why it's a golden opportunity for every Indian citizen aged between 18 and 65 years.
|
Plan |
Premium |
Coverage |
Ideal For |
|
Plan A |
₹350/year |
₹5 lakh |
Entry-level, rural users |
|
Plan B |
₹550/year |
₹10 lakh |
Broader coverage seekers |
Eligibility Age: 18 to 65 years
Documents Required: Aadhaar Card, Mobile Number
Where to Enroll: Nearest Post Office or IPPB branch
This isn't just accident insurance - it's a comprehensive personal protection plan. The policy covers:
✅ Accidental Death Benefit
✅ Permanent or Temporary Disability Coverage
✅ Hospitalization (In-Patient)
✅ Ambulance Charges
✅ Maternity Benefit (for eligible policyholders)
✅ Educational Support for Children
✅ Post-Accident Medical Expenses
This plan is especially beneficial for those working in risk-prone occupations, such as:
Farmers
Construction Workers
Transport Drivers
Gig Workers (delivery personnel, etc.)
Women in rural areas needing maternity protection
Small business owners and self-employed individuals
Here's why this scheme stands out from regular insurance products:
|
Benefit |
Explanation |
|
Ultra-low Premium |
₹350-₹550 annually - affordable for all income groups |
|
High Coverage |
₹5 to ₹10 lakh - substantial financial protection |
|
No Medical Tests |
Simple documentation - Aadhaar & Mobile only |
|
Nationwide Availability |
Available at every Post Office across India |
|
Tailored for Rural India |
Specially designed with the rural population in mind |
|
Family Security |
Maternity and education benefits support family well-being |
Enrolling is hassle-free and quick:
Visit your nearest Post Office or IPPB outlet.
Submit:
Aadhaar card
Active mobile number
Choose your preferred plan (₹350 or ₹550).
Complete the payment and receive your insurance documents.
Once activated, your coverage begins immediately.
This plan is especially recommended for:
Daily wage earners and self-employed individuals
Families in villages and tier-2 cities
Women seeking maternity protection
Parents wanting educational security for children
Anyone looking for budget-friendly accident and health cover
This is a personal accident insurance policy, not a full-fledged health insurance.
Benefits are applicable only for accidents or related hospitalization/complications.
The plan does not cover routine health issues, surgeries unrelated to accidents, or pre-existing conditions.
Ensure nominee details are correctly added at the time of registration.
When health costs are rising and accidents can derail entire families financially, a scheme like this can be a lifesaver. With less than ₹2 per day, you're ensuring that your family has ₹10 lakh worth of protection when it matters most.
Thanks to the partnership between India Post Payments Bank and Reliance General Insurance, even those in the remotest corners of India now have access to affordable, meaningful insurance.
So why wait? Secure your future - visit your local Post Office today!