IPPB customers aged 18-65 years can avail these two policies for one year by paying the required premium.
Post Office 399 Insurance Scheme
India Post Rs. 399 premium insurance plan
The Rs 399 premium plan offers you cover for one year. It promises you Rs 10 lakh in case of accidental death or permanent total disability, permanent partial disability and accidental dismemberment and paralysis. Accidental medical expenses can also be claimed in IPD up to Rs 60,000 in case of accidental medical expenses in OPD and Rs 30,000 in IPD 10 lakh insurance cover per annum by paying Rs 399
If you are hospitalized, you will get Rs 1000 per day for ten days.
India Post Rs. 299 Basic Insurance Scheme
Its Rs. 299 as part of the basic insurance plan, IPPB in case of accidental death or permanent total disability, permanent partial disability and accidental dismemberment and paralysis of Rs. 10 lakhs coverage is offered. However, this policy premium is Rs. 399 does not offer benefits like education benefit, hospital daily cash, family transport benefits and funeral benefits offered under the scheme. However, Rs. 299 plan, in case of accidental medical expenses in IPD Rs. 60,000 and in case of incidental medical expenses in OPD Rs. 30,000 offers. 10 lakh insurance cover per annum by paying Rs 399
