CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which payment bank has launched a group accident insurance plan with an accidental death coverage of Rs 10 lakh in partnership with TATA AIG and Bajaj Allianz General Insurance companies?
A
Paytm Payments Bank
B
Airtel Payments Bank
C
India Post Payment Bank
D
Jio Payments Bank
Explanation: 

Detailed explanation-1: -India Post Payment Bank launches group accident insurance plan. TRICHY: India Post Payments Bank (IPPB) operating under the Department of Posts has launched a group accident insurance plan with an accidental death coverage of Rs 10 lakh.

Detailed explanation-2: -It promises to give you Rs 10 lakhs in case of accidental death or permanent total disability, permanent partial disability and accidental dismemberment and paralysis. One can also claim accidental medical expenses in IPD up to Rs 60,000 and Rs 30,000 in case of accidental medical expenses in OPD.

Detailed explanation-3: -Group accident insurance is a type of insurance that is offered to employees (by the employer) to protect them against the medical expenses incurred due to injury or death resulting from an accident at the workplace.

Detailed explanation-4: -DETAILS OF THE SCHEME: PMSBY is an Accident Insurance Scheme offering accidental death and disability cover for death or disability on account of an accident.

There is 1 question to complete.