MoneyLens / Critical illness & accident
Your lump-sum cover, explained.
Pench Shield Plus · Pench General Insurance Ltd
Illustrative
Critical illness and accident policy · Policy held
Policy 15 Jun
Lump sum
₹10,00,000
on one of 6 illnesses
Illnesses covered from
13 Sep 2026
after 90 days
Paid
15 days
after a diagnosis, if the person survives
Accident cover
₹25,00,000
total disability 50%
₹10,00,000 as a lump sum on diagnosis of one of 6 listed illnesses, paid 15 days after it; ₹25,00,000 for accidental death or permanent total disability, for ₹13,600 a year. 1 of the illnesses use the insurer's own definitions. It pays a fixed amount, not hospital bills; the insurer decides each claim against the policy's definitions.
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