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PIONEER INSURANCE COMPANY LIMITED
Caring for you, forever……..
Head Office: Symphony(5th Floor), Plot # SE(F)9, Road # 142, South Avenue, Gulshan-1, Dhaka-1212.
PERSONAL ACCIDENT POLICY
Whereas the Insured named in the Schedule of this Policy by Proposal and declaration which shall be the basis of this contract and is deemed to be incorporated herein has applied to PIONEER INSURANCE CO., LTD.(hereinafter called “the Company”)for the Insurance hereinafter contained and has paid or agreed to pay the First premium stated in the Schedule as consideration for such insurance.
Now this Policy withnesseth that if at any time during any period of insurance any of the insured Persons named in the Schedule shall sustain any bodily injury caused by accidental, violent, external and visible means which injury shall solely and independently of any other cause result in death or disablement as defined in the Schedule of Benefits then subject to the terms Provisions, exceptions and conditions contained herein or endorsed hereon, the Company will pay to the Insured or in the event of his death to his legal personal representatives compensation as provided in the Schedule of Benefits.
Provided always that
1. Death, loss or permanent disablement takes place within twelve calendar months of the occurrence of the injury.
(a) Compensation shall not be payable under more than one of the items of the Schedule of Compensation in respect of consequences of the same accident (except for any compensation payable hereunder in respect of temporary partial disablement preceding or following temporary total disablement). (b) No weekly compensation shall become payable until the total amount hereof has been ascertained and agreed. If, nevertheless, payment be made for weekly compensation, the amount so paid shall be deducted from any lump sum becoming claimable in respect of the same accident of illness.
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