The Government of India’s Department of Posts offers the Group Accident Insurance Policy (GAG Policy) to provide financial security against unforeseen accidents. Many people are not aware of this scheme, and there has been some confusion about its availability. However, the policy can indeed be availed through any post office.
Key Details
Policy Type: Accident Insurance only
Availability: All Post Offices in India
Processing Time: 10–15 minutes
Eligibility
Any Indian resident with a savings account at the Post Office (or in some cases, linked with Aadhaar)
Age group: 18 to 70 years (generally applicable for accident insurance policies)
Documents Required
Aadhaar Card (original + copy)
Nominee details and Aadhaar
Post Office savings account details
Premium & Coverage Options
₹55 Premium Plan
Provides accident cover up to ₹10 lakh
Includes medical bill reimbursement of ₹50,000–₹1.6 lakh
₹750 Premium Plan
Provides accident cover up to ₹15 lakh
Includes hospital expense reimbursement up to ₹1,000
How to Apply
Visit your nearest Post Office.
Carry Aadhaar, nominee details, and Post Office account information.
Fill out the GAG Insurance application form.
Pay the premium (₹55 or ₹750).
Once verified, your policy is activated and you will receive an insurance card with your name.