About National Insurance Company
National Insurance Company Ltd. is the oldest and one of the leading general insurance companies in India. It was founded in December, 1906, with the objective to create a national identity for India in its fight for Swaraj. It joined hands with 21 international and 11 Indian companies to form National Insurance Company Ltd, after 66 years of its foundation. It is one of the four subsidiaries of the General Insurance Corporation of India, which is owned by the Indian Government.
NIC was the first insurance company in India to introduce products with each of them being customised to meet unique investment objectives of rural India and corporates - Farmers Package Policy to suit the agrarian customer and Techno Marketing Project Cells for corporates. Not just that, it is also the first to enter into collaborative initiatives with automobile manufacturers like Maruti and Hero Moto Corp., amongst many others. What’s more, NIC also launched Bancassurance in the country by joining hands with some of the leading banking institutions in India.
All About National Janata Personal Accident Policy
National Janata Personal Accident Policy specialises in covering individuals as well as families for death, and permanent total disability and permanent partial disability. For children, the entry age starts from 10 years, while adults of at least 18 years of age are covered under this plan. The maximum age for being covered under National Janata Personal Accident Policy is 70 years. The policy term ranges between 1 year and 5 years.
The sum insured ranges from a minimum of Rs. 25,000 to a maximum of Rs. 1 lakh annually. The rate of premium is Rs. 15 for a sum insured of every Rs. 25,000. This implies that the premium increases by Rs. 15 for every additional sum assured of Rs. 25,000. Discounts on group policies are applicable according to number of members in the group.
National Janata Personal Accident Policy is designed to offer the pre-determined sum assured to the nominee in case of the policyholder’s unforeseen death during the policy tenure. The reasons behind raising a claim are accidental death, permanent total disability and permanent partial disability.
Below are the instances that make the beneficiary eligible for 100% sum assured:
The Coverages of National Janata Personal Accident Policy are:
| Parameters | Minimum | Maximum |
|---|---|---|
| Entry Age | 10 years | 70 years |
| Sum Assured p.a. | Rs. 25,000 | Rs. 1,00,000 |
| Policy Term | 1 year | 5 years |
| Premium Rate | Rs. 15 for a sum assured of Rs. 25,000 | Rs. 15 for a sum assured of Rs. 25,000 |
Salient Features and Benefits:
Salient Features and Benefits:
Salient Features and Benefits:
Salient Features and Benefits:
Salient Features and Benefits:
Following is the list of documents required to purchase National Janata Personal Accident Policy
Accepted Proof of Address and Identity are:
Online renewal for National Janata Personal Accident Policy can be completed through the following simple steps:
National Janata Personal Accident Policy is one of the most popular health insurance policies from National Insurance. It boasts of a robust range of health insurance policies that are customised to suit varied needs of their customers. To top that, a high claim settlement ratio which is one of the highest among insurance companies in India speaks volumes about the industry knowledge and competence of their professionals, and the company as a whole. Being one of the oldest and a pioneer in the Indian insurance market has also contributed to their goodwill.
“My father had met with an accident that led him to become permanently partially disabled. The comprehensive features of National Insurance Janata Personal Accident Policy covered all his hospitalisation and other medical expenses like ambulance charges, day care services, medicines and diagnostic tests. We’re glad that he was already a policyholder of the policy.” – Janaki Shah
“The cashless facility offered with National Insurance Janata Personal Accident Policy was our saviour when I met with a bike accident recently. I cannot fathom how my treatment would have been possible had my family had to arrange for so much liquid cash to get me admitted.” – Jitendra Malhotra
“One of the primary reasons why we chose the Janata Personal Accident Policy is that it belongs to National Insurance - the oldest general insurance company with one of the highest claim settlement ratio. The easy and smooth claim settlement process became evident during my husband’s hospitalisation after an accident. Great job, guys! – Saheli Pal
