New India Assurance – Personal Accident Policy
New India assurance is one of the public sector insurance companies providing service with 1068 offices in India. The company is stand with its superior capital position and strong operating system.
New India assurance personal accident policy is attractive option to cover for various contingencies in the event of an accident such as-death, permanent total disablement, permanent partial disablement and temporary total disablement. The policy is available for between the ages of 5 to 70 years.
There are various plans under personal accident policy such as-
1. Individual Personal Accident
2. Group Personal Accident
3. Gramin Personal Accident
4. Janata Personal Accident
5. Student Safety Insurance
6. Raj Rajeshwari Mahila Kalyan Yojana
7. Bhagyashree Child Welfare
Personal accident policy can be extended to cover medical expenses by paying some additional premium. The policy is also issued to Indian personnel who are working in foreign countries.
The premium of the policy is charged on the nature of occupation of individual. It cost is very less than other policies. The premium is paid by monthly, quarterly, half yearly and annually.