Terms and Conditions to avail Insurance Coverage on Utkarsh SFB Debit Cards.

• • Minimum 1 successful transaction at ATM/POS/E-com channel in last 180 days prior to the date of disputed transaction in case of Zero Liability coverage amount for all RuPay & Mastercard variant
• • Minimum 1 successful transaction at POS/E-com channel in the last 30 days from the date of accident for RuPay Platinum Domestic & Contactless Debit Card and RuPay Select Debit Card on Accidental Death & Permanent Disability coverage. ATM transactions will be excluded from the eligibility criteria.
• • Minimum 1 successful transaction at POS/E-com channel in the last 90 days from the date of accident for RuPay Classic Domes. & Cont. & Mastercard Gold & Platinum Debit Cards on Accidental Death & Permanent Disability coverage. ATM transactions will be excluded from the eligibility criteria.
• • Minimum 1 successful transaction at POS/E-com channel in the last 90 days from the date of accident for all RuPay & Mastercard Debit Cards on Air Accidental Death coverage. ATM transactions will be excluded from the eligibility criteria.
• • Suspended, Blocked or Closed Account shall not be covered, and no claim will be settled in such cases.
• • Insurance coverage is applicable Worldwide.
• • Nominee for Debit Card insurance Coverage will be same as the nominee registered in the linked Savings/Current Account.
• • In case of multiple accounts, Cardholders will be eligible for claim on only one eligible Card per Cardholder or per Customer, even if multiple Cards are held by cardholder of Utkarsh Small Finance Bank. The choice of the Card for the claim would rest with the nominee/ claimant.
• • In case there is more than one nominee for a death claim, claim amount will be given to one nominee as declared by the Bank basis submission of No Objection Certificate (NOC) from other nominee(s)and an affidavit stating the name of all nominees.
• • In the absence of a nominee, the claim amount will be credited to the member declared by the bank basis succession certificate submitted by the claimant.
• • In cases where the nominee's name is not available but the Savings/ current Account in which the Debit Card is issued, is a joint account, the claim amount will be credited to the member declared by the bank basis succession certificate submitted by the claimant.

Exclusions:
As per Personal & Air Accident Insurance Policy, more specifically, no claim would be payable in case of suicide, Intentional self-injury, murder accident occurring while under influence of liquor or drugs, resulting from childbirth or pregnancy etc.