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What is permanent total disablement?

Permanent total disablement means that the life assured is incapacitated to work or follow an occupation and obtain wages, compensation or profit.The following are considered to constitute such disability:
irrecoverable loss of entire sight of both of the eyes
» amputation of both hands
» amputation of both feet
» amputation of one hand and one foot

Is there any maximum limit in sum assured for grant of accident benefits? Maximum accident benefit one can avail under all the policies which he holds is fixed and varies from company to company In case of LIC it is Rs. 5 lakhs sum assured. Can an individual have accident benefit alone?
No, The benefit is available only along with a plan of assurance wherein it is permissible.
LIFE INSURANCE - FAQ :

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What is permanent total disablement?
What is meant by a 'with profit plan'?
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