Magma HDI, India’s premier general insurance provider, is pleased to announce OneProtect, a contemporary personal accident insurance product. With over 20 customisable add-ons adapted to today’s lifestyle needs, OneProtect is the ideal companion for anybody, including thrill-seekers and explorers.
As adventure travel is popular among Indians, sports like trekking, paragliding, and scuba diving have become popular vacation options. OneProtect allows adventurers to follow their passions confidently by protecting various high-octane activities.
Another notable feature of OneProtect is its 200% coverage for accidental death while using common carriers such as trains or aeroplanes. This makes OneProtect suitable not only for adventurers but also for everyone who travels for enjoyment or business.
In addition to these new age features, OneProtect offers a number of useful add-on coverages, including:
- Loss of Income: This coverage will help if a person is injured in an accident during the policy period and is temporarily unable to work as a result.
- Loan Secure: In the event of an accidental death or permanent total disability, this cover pays a specific amount towards the outstanding loan.
- Broken Bones: This coverage provides financial help in the event of fractures sustained during an accident.
- Burns: If a person is burned in an accident, this coverage will provide financial aid.
Amit Bhandari, Chief Technical Officer at Magma HDI, emphasizes the importance of OneProtect: ” Accidents can never be predicted, whether it’s a simple fall in the bathroom, a fracture during your travels, a train derailment, or a firecracker mishap. OneProtect offers peace of mind in such situations. Designed for versatility, OneProtect allows you to choose from a wide array of more than 20 add-ons tailored to your lifestyle. Whether you’re a frequent traveler, an adventure seeker, managing a loan, or the primary earner in your family, OneProtect has you covered. As we welcome the festive season and many Indians set off on their annual vacations, it’s the perfect time to introduce our latest product: OneProtect which offers the right protection at the right time. At Magma HDI, we are committed to delivering innovative and inclusive insurance solutions that cater to the diverse needs of our customers.”
Customers can select coverage durations of one, two, or even three years, providing flexibility to meet their active lifestyles. OneProtect also covers permanent partial and total disability, as well as medical, surgical, and hospital bills, resulting in a comprehensive safety net for everyone.
