National Insurance - Individual Personal Accident Plan
National Insurance is a state owned insurance company in India. It is one of the oldest Insurance Company functioning in India and offers widest range of Insurance products. Besides India, the company also operates in Nepal.
Toll-Free No.: 1800-200-7710/1800-120-1430
National Insurance - Individual Personal Accident Plan
This policy offers compensation in case of death or bodily injury to the insured person, directly and solely as a result of an accident, by external, visible and violent means.
Unique Features of National Insurance - Individual Personal Accident Plan
Permanent Total: It provides for payment of compensation for bodily injury caused by accidental, violent, external and visible means resulting in Permanent Total Disablement resulting from an accident.
Education Fund: In the event of AD or PTD, the company shall pay a lump sum compensation towards childs education.
Funeral Expenses: In the event of death of the insured person due to an accident outside his/her residence, the company shall pay expenses incurred for transportation of dead body to the place of residence.
Accidental Hospitalization Medical expenses: In the event you are hospitalised due to an accident, any medical expenses incurred shall be paid as mentioned in the grid.
Eligibility Criteria - National Insurance Individual Personal Accident Plan
| Category | Details | |||||
|---|---|---|---|---|---|---|
| Age Group | Min Entry Age: 5 Years Max Entry Age: 70 Years | |||||
| Renewal Age | Up to 70 Years | |||||
| Sum Insured | ||||||
| Policy Tenure | 1 Year | |||||
| Family Definition | Individual and Family- Self, Spouse and Dependent Children | |||||
Product Benefits - National Insurance Individual Personal Accident Plan
| BENEFITS | Details | ||||||
|---|---|---|---|---|---|---|---|
| Accidental Death | Up to Sum Insured with Cumulative bonus (if any) | ||||||
| Permanent Total Disability | Up to Sum Insured with Cumulative bonus (if any) | ||||||
| Permanent Partial Disability | As per the limits specified in the table | ||||||
| Temporary Total Disability | 1% of SI, maximum Rs. 5000 per week, for 104 weeks | ||||||
| Education Fund | For 1 child (Upto 23yrs) - 10% of SI; maximum Rs. 5000 More than 1 children (Upto 23yrs) - 10% of SI; maximum Rs. 10000 |
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| Funeral Expenses | 2% of Sum Insured or Rs. 1000, whichever is less | ||||||
| Cumulative Bonus | 5% no claim bonus for every claim free renewal till it reaches 50% of initial sum insured | ||||||
Add-ons - National Insurance Individual Personal Accident Plan
| Add-ons | Details | ||||||
|---|---|---|---|---|---|---|---|
| Accidental Medical expenses: | In the event you are hospitalised due to an accident, any medical expenses incurred shall be paid as mentioned in the grid. | ||||||
Additional Discounts - National Insurance Individual Personal Accident Plan
| Discounts | Details | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Family Discount | Family discount of 10% if family members are insured on an individual basis under the same policy. Family discount is available for a maximum of 6 persons only | ||||||||||
Exclusion - National Insurance Individual Personal Accident Plan
Accidental Bodily Injury that you meet with or arises out of:
- Intentional self injury, suicide or attempted suicide
- Under influence of intoxicating liquor or drugs
- Racing on wheel, Hunting Big game shooting, Mountaineering, engaged in winter sports, skiing & Ice Hockey.
- Insanity
- Breach of law with criminal intent, etc.
Claim Process - National Insurance Individual Personal Accident Plan
In case you would like to know about the Claim Process or would like to register a Claim please click the link below
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