Group Administrator :
Dreamplug Technologies Private Limited (CRED)
Acko Group Health HAL 2nd Stage, Doopanahalli, Indiranagar,
Insurance Policy
Bengaluru, Karnataka- 560008
Master Policy No. GMC010340100CRED
Credit Shield for CRED cash
Your insurance policy starts on 23 Dec, 2023 and ends on 02
Jan, 2025.
INSURED DETAILS PREMIUM BREAKUP
CERTIFICATE # CRL01136407619 Premium ₹ 375
LOAN ID ee8f4659-9fe8-453f-b613-e0949c673695 GST @ 18% + ₹ 68
LOAN TENURE 12
LOAN AMOUNT 25000.0 Total Premium ₹ 443
EMI
NAME Yuvraj Ray
What’s covered
A snapshot of all the coverages in this policy.
EMI Protection Accidental Death/PTD/PPD
Up to Rs. 20,00,000 25000.0
Max 4 EMIs Max. up to Rs. 20,00,000
Your nominee details updated on the CRED app will be considered during claim.
ACKO GENERAL INSURANCE LTD.
36/5, Hustlehub One East, Somasandrapalya, 27th Main Rd, Sector 2, HSR Layout, Bengaluru, 560102
Email:
[email protected] | Toll Free: 1800 266 2256 | www.acko.com
CIN : U66000KA2016PLC138288 | IRDAI Reg No. 157
GSTIN: 27AAOCA9055C1ZJ | UIN: ACKHLGP21469V022021 For ACKO General Insurance Ltd.
Duly Constituted Attorney
This certificate is issued by Acko General Insurance Limited for the mentioned Insured(s) under the Acko Group Health Insurance Policy. IN WITNESS WHEREOF, this Certificate of Insurance has been signed on 23 Dec, 2023.
What’s covered?
The following benefits will be applicable when the policy is active:
EMI Protection
We will pay a maximum of 4 monthly EMI installments maximum up to the
outstanding loan amount. The Benefit payable will be accruedon the basis
of continuous hospitalization due to accident or illnessprovided that the
person is hospitalized for continuous and completedperiod as per the below
grid.
1st EMI payment - After 4 calendar days of continuous hospitalization
2nd EMI payment - After 7 calendar days of continuous hospitalization
3rd EMI payment - After 10 calendar days of continuous hospitalization
4th EMI payment - After 15 calendar days of continuous hospitalization
Accidental Death/PTD/PPD
In case you meet with an accident during the coverage period, that results
in your Death or Permanent Total/Partial disability, we will pay thean
applicable lump-sum benefit worth your principal loan amount up to INR 20
lakhs. The outstanding principal amount will be settledwith CRED first and
the rest will be settled (if any) with you or your nominee (in case of death).
You have declared the following:
I hereby agree to buy Acko Group Health Insurance Policy and authorize Cred/Lending Partner to
disburse the premium to Acko General Insurance Limited towards policy issuance and provide my
express consent to the terms and conditions including assignment of claim payment in favour of
Cred/Lending Partner.
I hereby declare that I am in good health and do not suffer from any Pre-Existing medical
conditions or critical illness covered under the policy.
I, hereby assign and authorize Acko General Insurance Ltd. to pay any claim made by me under
Acko Group Health Insurance Policy in favour of Cred/Lending Partner, for and up to the extent of
the principal outstanding. I confirm that the aforesaid shall be construed as complete discharge of
liability of Acko and I shall not have any right to such amount from Acko.
How To Claim
Creating a claim on Acko is as easy as buying a policy. The steps below will assist you in filing your
claim.
On the CRED App:
1 Go to the “more” tab and click on “cash”
2 Then select your insured loan
3
Click on the insurance card to enter the policy management page
4 On the policy management page, scroll to the bottom and click on“make a claim”
5 After confirming you have all the necessary documents, click on “Proceed now”
6 Under the policy details section, click on “Initiate Claim”
7 Follow the next few steps on the screen to register your claim with Acko
For EMI Claims during hospitalization, you can make a claim from policy management page on your
CRED app
Please refer to Terms & Conditions for detailed
information.
