Life & Accident Insurance

Life happens. Be prepared.

Confluent provides life and accident insurance coverage, through Tata AIA Life Insurance and Care Health Insurance, at no cost to you. These benefits give you and your family financial protection if you pass away or are injured during an accident. Confluent covers 100% of the cost of this benefit and it renews every 12 months.

Group Term Life benefit:

Insurer: Tata AIA Life Insurance Group Term Life

Sum Assured: 3 times Annual Base salary

Your free cover limit is up to INR 30,000,000. To be eligible for coverage of full sum assured, you must complete the underwriting requirements with TATA AIA Life Insurance for assessment.

Group Personal Accident benefit:

Insurer: Care Health Insurance Co. Ltd.
Sum assured: 3 times Annual Base salary
Cover loss of life, permanent disablement or dismemberment due to an accident

Group Term Life Coverage includes:

• Death due to Illness and Accident – 3 Times Annual Base salary
• Terminal Illness covered up to 100% of the Basic Sum Assured with a maximum limit of  INR 20,000,000 upon diagnosis. 180 days of waiting period may be applicable, please refer to the Benefits Manual for more information.

Group Personal Accident Coverage includes:

• Sum insured – 3 Times Annual Base salary 
• Accidental Death covered for 100% of Sum Assured
• Permanent Total Disability covered for 150% of Sum Assured of Accidental Death Sum Insured subject to Maximum Rs.5 Cr.
• Permanent Partial Disability covered as per schedule of policy
• Temporary Total Disability covered for 1% of Sum Insured or Rs. 25,000 or whichever is lower for 100 weeks.
• Medical expenses covered for Actual or INR 25,000 whichever is lower.
• Child education allowance, in case of death of employee, covers 10% of Principal Sum Insured or INR 100,000, whichever is lower
• Funeral expenses is covered up to INR 5,000 or actual expenses, whichever is less
• Incident due to terrorism is covered