Exserviceman Family Must Know This Important Advisory Of DSP Pension Account

Special Instructions for Insurance Claim in Case of Accidental Death of an Ex-Serviceman

🛡️ What is DSP Pension?

The Defence Service Pension (DSP) under the DSP Gold Account Scheme provides not just pension disbursal but also an accidental insurance cover of ₹30 lakhs for Ex-Servicemen and PBOR (Personnel Below Officer Rank). This insurance is applicable only if the death occurs due to an accident.

⚠️ Crucial Advisory for Families of DSP Pensioners

In unfortunate cases where an Ex-Serviceman meets with an accident and is hospitalized but dies during treatment, it is critical to ensure the hospital or attending doctors clearly mention the accidental cause of death in the Postmortem Report.

✅ Why This is Important?

The ₹30 lakh accidental insurance claim under the DSP Pension is only processed if the postmortem report explicitly states that the death was caused due to the accident, even if it occurred during treatment in the hospital.

This documentation is mandatory to file the insurance claim with the bank.

📑 Steps to be Taken by the Family (Especially the Wife)

After the unfortunate demise of the Ex-Serviceman:

The children of the deceased should first complete all related formalities.
The wife of the Ex-Serviceman must submit an application to the concerned bank, stating that:
- The death occurred due to an accident, and
- She is applying for the ₹30 lakh insurance coverage under DSP Pension.

📌 Required Documents for Insurance Application

The following documents must be submitted with self-attested photocopies:

📝 Postmortem Report
🆔 Aadhaar Card
🪖 Ex-Serviceman Identity Card
📘 Bank Passbook
📄 FIR Copy (from police station)

Ensure that all documents are clear, legible, and properly certified.

🔒 Important Note About Joint Account

If the pension account is a joint account in the name of the wife, do not convert it to a single account until the entire ₹30 lakh insurance claim process is completed.

After the insurance amount is settled:

The pension account can be converted into a single account.
The wife can then initiate the family pension process smoothly.

📢 Final Words

This advisory is of utmost importance for all DSP Pension holders and their families. The ₹30 lakh accidental insurance can bring significant financial support during times of tragedy, but only if the proper process is followed.

Please: