New India Personal Accident Policy

Policy Benefits

• Accidental death, when occurs within 12 calendar months from the date of injury is covered up to 100% of the Capital Sum Insured (SI). It is applicable under Table A, B, C & D.
• Accidental permanent total disablement (PTD), when occurs within 12 calendar months from the date of injury is covered up to 100% of Capital SI. It is applicable under Table A, B & C.
• Loss of two limbs/both eyes/one limb and one eye are covered up to 100% of CSI. It is applicable under Table A, B & C.
• Accidental permanent partial disablement (PPD), when occurs within 12 calendar months from the date of injury is covered up to a percentage of SI as mentioned under the sub limits. It is applicable under Table A & B.
• Temporary total disablement (TTD) is covered up to the sub limits mentioned. This benefit is payable for a maximum of 100 weeks. It is applicable under Table A.
• Expenses incurred towards the carriage of dead body are covered under this policy.
• Education grant is payable to a maximum of 2 dependent school going children.
• Medical expenses incurred are covered as an add-on cover.

Value Added Benefits

• Get a 10% discount on the premium amount on opting the family cover.
• Worldwide coverage is available for accidents.
• Cumulative bonus is available as a 5% increase in CSI on renewal on every claim-free policy year, subject to a maximum of 50%. This benefit is available under Table A, B & C.

Sub Limits

• Permanent partial disablement is covered within 1% to 75% of Capital SI or any other percentage of SI as assessed by the panel Medical Practitioner.
• Temporary total disablement is payable up to 1% of Capital SI (CSI) or to a maximum limit per week.
• Loss of one limb or one eye is covered up to 50% of CSI.
• Carriage of the insured’s dead body is payable up to 2% of CSI or Rs 2,500 whichever is less.
• For one dependent child, education grant is covered up to 10% of CSI, to a maximum of Rs. 25,000 and for more than one dependent child, it is payable up to 10% of CSI, to a maximum of Rs. 50,000.
• Medical expenses are payable up to 10% of SI or 40% of accidental death/disability compensation claim payable.

Waiting Period Clause

No waiting period is applicable under this policy.