On 8 December 2021, an Indian Air Force Mi-17V5 helicopter took off from the Sulur airbase in Tamil Nadu with 14 people on board including the Chief of Defence Staff General Bipin Rawat, his wife, and several other military personnel.
Soon after, the helicopter lost contact with Air Traffic Control and crashed near Coonoor. In what is considered one of India’s worst air mishaps, this crash took the lives of 14 people.
Amid inconsolable shock and grief, how are the families of the deceased being supported?
The crash victims, including General Rawat, were covered under a Group Personal Accident Policy associated with State Bank of India’s Defence Salary Package (DSP). The DSP accounts are meant for Indian Defence Personnel such as the Army, Navy, Air Force, and others.
Group Personal Accident (GPA) Insurance covers an organization’s employees in the event of an accident resulting in their death, disability or hospitalization. Through this policy, the employee’s medical expenses and compensation to their families can be provided.
In this case, the insurance company United India Insurance managed to settle the ₹30 Lakhs GPA claims of several deceased IAF officers in a record time of 30 minutes after receipt of documents
Another General Insurance company, New India Assurance (NIA) also rushed to settle the Group Accident Claim of Brigadier LS Lidder within one hour of claim intimation.
Condolences and tributes have poured in from all sides in support of the IAF officers and their surviving loved ones.
Learn more: How does Group Personal Accident Insurance work?