National Insurance Individual Personal Accident Policy

Policy Benefits

• Accidental bodily injury within 12 months of its occurrence leads to death, is covered up to 100% of the Capital Sum Insured (CSI).
• Loss of two limbs/two eyes/one limb and one eye, if occurs within 12 months from the date of injury is covered up to 100% of CSI.
• Loss of one limb/one eye, if occurs within 12 months from the date of injury is covered up to the sub limit applicable.
• Permanent Total Disablement (PTD) is covered up to 100% of CSI as a lump sum. This benefit is applicable under Table IA, II & III.
• Permanent Partial Disablement, if occurs within 12 months from the date of injury is covered up to the sub limit mentioned. This benefit is applicable under Table II & III.
• Temporary Total Disablement is covered up to the sub limit specified. This benefit is applicable under Table III.
• Funeral expenses are covered as mentioned in the sub limit.
• In case of Death/Permanent Total Disablement, a lump sum amount is paid towards Education Fund. It is paid to the dependent children aged up to 23 years.
• Medical expenses arising due to an accident are covered on payment of additional premium.

Value Added Benefits

• Avail cumulative bonus. 5% increase in CSI, in case the policy is renewed continuously. This benefit can be availed to a maximum of 50% CSI.
• Enjoy portability benefit.
• No health check-up is required prior issuance of the policy.
• Different coverage options are available ranging from death cover to comprehensive cover.
• 10% premium discount on opting family cover.
• Attractive discount is available when you buy policy online.

Sub Limits

• Loss of one limb/one eye is covered up to 50% of CSI.
• Permanent Partial Disablement is capped in-between 1% to 50% of CSI or any other % of CSI as assessed by panel doctor.
• Temporary Total Disablement is capped up to 1% of CSI or Rs 5,000 per week whichever is less.
• Funeral expenses are capped up to 2% of CSI or Rs 1,000 whichever is less.
• For one dependent child, Education Fund is capped up to 10% of CSI to a maximum of Rs 5,000. For more than one dependent child; it is capped up to 10% of CSI to a maximum of Rs 10,000.
• Medical expenses are capped up to 10% of CSI or 50% of the admissible claim amount or actual expenses, whichever is less.

Waiting Period Clause

No waiting period is applicable under this policy.