What Type of Insurance Cover is Provided?
There are two types of insurance you can choose from:
- Personal Accident, mandatory insurance policy
- Critical Illness, add-on insurance policy
Am I Eligible?
- Applicant should be between the ages of 18 and 60 for the personal accident insurance cover and applicant should be between the ages of 18 and 60 for the optional critical illness cover.
- Applicant should have an NRT ID card.
- Applicant should have a valid Aadhaar card/ Indian Passport/ Ration Card/ Indian Driving License and a PAN Card
What are the Benefits of NRT Insurance?
- Comprehensive Insurance Coverage Offered: Add-on critical illness insurance cover of a minimum of Rs. 1 lakh per ID card holder; along with a personal accident insurance cover.
- Extensive Coverage for Critical Illnesses: Multiple critical illnesses such as Cancer, Kidney failure, Stroke, are covered.
- Affordable Premium Rates: Low annual premium starting from Rs. 350/- (excluding Goods and Service Tax) for the optional critical illness insurance cover payable every year.
- Flexibility and Additional Options: Low annual premium starting from Rs. 395/- (excluding Goods and Service Tax) for the personal accident insurance cover.
Coverage Details - Personal Accident
| Risk Covered if Arising Out of Accident |
Compensation Payable |
| Death |
100% of Capital Sum Insured |
| Loss of sight of both eyes or Loss by physical separation of two entire limbs (hands or feet) or Loss of one entire hand and entire foot or Loss of sight of one eye and one limb (hand or limb) |
100% of Capital Sum Insured |
| Loss of use of two limbs or loss of sight of one eye and loss of use of one limb |
100% of Capital Sum Insured |
| Loss by physical separation of one limb or loss of sight of one eye |
50% of Capital Sum Insured |
| Loss of use of one limb |
50% of Capital Sum Insured |
| Permanent Total Disablement (Other than those above) |
100% of Capital Sum Insured |
| Permanent Partial Disablement |
Compensation payable as enumerated in the Policy Clause |
| Repatriation Expenses |
Rs. 50,000 |
| Medical Expenses |
40% of the admissible claim amount or 10% of the capital sum insured whichever is less |
| Educational Grant |
On death of the insured Rs. 1 lakh per child (Max 2 children) |
What is Covered Under Critical Illness?
Critical illnesses such as cancer, blindness and kidney failure are covered under this scheme, whereas illnesses such as angioplasty, coma resulting directly from alcohol or drug abuse are excluded. Please refer to the policy document for more details.
Personal Accident Insurance Cover (Compulsory)
| Sum Insured (in INR) |
Premium (Excluding GST, in INR) |
Payable Every |
| 5,00,000 |
395 |
Three Years |
| 10,00,000 |
700 |
Three Years |
Critical Illness Cover (Optional)
| Sum Insured (in INR) |
Premium (Excluding GST, in INR) |
Payable Every |
| 1,00,000 |
350 |
Year |
| 2,00,000 |
700 |
Year |
| 3,00,000 |
1,050 |
Year |
| 4,00,000 |
1,400 |
Year |
| 5,00,000 |
1,750 |
Year |
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