Common use of Double Sum Insured for Hospitalization due to Accident Clause in Contracts

Double Sum Insured for Hospitalization due to Accident. We will indemnify Medical Expenses incurred in respect of the Insured Person’s Hospitalization during the Policy Period in respect of an Injury sustained solely and directly due to an Accident which occurs during the Policy Period upto the Sum Insured mentioned in the Policy Schedule, against this cover and up to the maximum limit of INR 40 lakhs provided that: (a) In calculating the amount available to the Insured Person under this Cover, We shall deduct any amount previously paid from available Sum Insured during the Policy Year; Page 4 Kotak Mahindra General Insurance Company Ltd., Kotak Health Super Top Up UIN: KOTHLIP18011V011718; Policy Wording (b) The amount calculated under this Cover shall not be available for Medical Expenses incurred for treatment of any other Illness; (c) The amount calculated under this Cover shall not be available for payment of benefits under any provision other than the In-patient Treatment cover under the Policy; (d) The payment under this benefit is over and above the opted Base Annual Sum Insured. If this amount is un-utilised (in whole or in part) in any Policy Year, it shall not be carried forward to any subsequent Policy Year.

Double Sum Insured for Hospitalization due to Accident. We will indemnify Medical Expenses incurred in respect of the Insured Person’s Hospitalization during the Policy Period in respect of an Injury sustained solely and directly due to an Accident which occurs during the Policy Period upto the Sum Insured mentioned in the Policy Schedule, against this cover and up to the maximum limit of INR 40 lakhs provided that:: Page 4 Kotak Mahindra General Insurance Company Ltd., Kotak Health Super Top Up UIN: KOTHLIP18011V011718; Policy Wording (a) In calculating the amount available to the Insured Person under this Cover, We shall deduct any amount previously paid from available Sum Insured during the Policy Year; Page 4 Kotak Mahindra General Insurance Company Ltd., Kotak Health Super Top Up UIN: KOTHLIP18011V011718; Policy Wording; (b) The amount calculated under this Cover shall not be available for Medical Expenses incurred for treatment of any other Illness; (c) The amount calculated under this Cover shall not be available for payment of benefits under any provision other than the In-patient Treatment cover under the Policy; (d) The payment under this benefit is over and above the opted Base Annual Sum Insured. If this amount is un-utilised (in whole or in part) in any Policy Year, it shall not be carried forward to any subsequent Policy Year.