National Insurance Individual Personal Accident Policy covers death, loss of limbs, loss of eyesight, permanent total disablement and temporary disablement resulting from accidental injury. The plan covers the medical expenses incurred during hospitalisation.
Features & Benefits of National Insurance Individual Personal Accident:
|Entry Age||5 years – 70 years|
|Policy Period||1 year|
|Renewability||The policy can be renewed till the insured is 70 years of age.|
|Discount||A 10% family discount is available to insure the family members of the insured on an individual basis. This is available to a maximum of 6 persons only.|
|Bonus||Insured can avail 5% no claim bonus for every claim free renewal till it reaches 50% of the sum insured.|
|Basis||Covers the individual as well as the family. The insured and the family can be covered under a single policy with a 10% discount in the premium.|
|Sum Assured||72 months gross pay or Rs.10,00,000, whichever is less.|
This policy ensures that the in case of any accidental injuries caused, the insured can be relieved that the expenses will be taken care of. In case the insured dies, the family will be financially secure.
Disclaimer: Please read and check the details of the policy to see if it meets all your requirements.
Also Read: How to File a Claim with National Insurance?