Affordable Accident Insurance from India Post – Coverage up to ₹15 Lakh at Just ₹2 per Day

In today’s world, unexpected accidents and rising medical costs can create severe financial stress for families. While private insurance policies exist, many people hesitate due to high premiums and complicated procedures. To bridge this gap, the Department of Posts (India Post), in collaboration with Aditya Birla Capital, has introduced affordable accident insurance policies that are accessible to ordinary citizens.

Key Features of the Postal Accident Insurance

• Low-Cost Premiums
  
  
• For just ₹1.50 per day (₹549 annually), you can get accident coverage of ₹10 lakh.
  
  
• For ₹2 per day (₹749 annually), the coverage increases to ₹15 lakh.
  
  
• Age Eligibility
  
  
• Available to individuals between 18 and 65 years.
  
  
• Can be availed easily at any nearest post office.
  
  
• Simple Requirements
  
  
• Aadhaar card and linked mobile number are mandatory.
  
  
• In some cases, a basic medical check-up may be required.
  
  
• Not applicable to serving members of the Armed Forces.
  
  

Coverage & Benefits

This policy has been designed keeping in mind real-life accident scenarios faced by common people:

1. Accidental Death Benefit
   
   
• In case of accidental death, the nominee receives the full insured amount (₹10–15 lakh depending on plan).
  
  
2. Permanent Disability
   
   
• Full sum insured is paid if the policyholder suffers total or partial permanent disability due to an accident.
  
  
3. Medical Expense Support
   
   
• ₹60,000 coverage for hospital expenses following an accident.
  
  
• OPD coverage of ₹30,000, including up to 10 consultations worth ₹1,500 each.
  
  
4. Educational Support for Children
   
   
• Up to ₹1 lakh per child (maximum for two children) towards education expenses.
  
  
5. Special Benefits
   
   
• Coma Cover: Up to ₹1 lakh if the insured slips into a coma due to accident.
  
  
• Bone Fractures: Coverage up to ₹1 lakh for treatment costs.
  
  
• Mental Health Support: Free consultation with up to 4 specialists if head injury causes psychological issues.
  
  
• Travel Assistance: Family members get up to ₹25,000 for traveling in case of accidental death outside the hometown.
  
  
• Funeral Expenses: ₹5,000 is provided for last rites.
  
  

Why This Scheme Matters

• Affordable to all: At less than the price of a cup of tea per day, families can secure financial protection.
  
  
• Easy to Access: Policies can be taken directly at post offices without dealing with complex insurance sales channels.
  
  
• Trusted Institutions: Backed by India Post and Aditya Birla Capital, ensuring credibility and timely claim settlement.
  
  

Real-Life Relevance

Consider these everyday situations:

• A road accident leading to the sudden death of a breadwinner can leave a family financially devastated.
  
  
• Hospitalization after an accident often costs lakhs of rupees, which most families cannot afford.
  
  
• Even temporary disabilities, fractures, or coma can push families into debt.
  
  

With this postal insurance, such financial burdens can be reduced, giving families a safety net at a very small cost.

Conclusion

The Postal Accident Insurance Scheme is a game-changer for low- and middle-income families. With coverage up to ₹15 lakh at just ₹2 a day, it offers peace of mind against life’s uncertainties. For anyone between 18–65 years, this is one of the most affordable and practical insurance options available in India today.

Interested individuals can simply visit their nearest post office with Aadhaar and mobile number to apply.