National Insurance Janata Personal Accident Policy

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.

Features & Benefits of National Janata Personal Accident Policy

Features of National Janata Personal Accident Policy

  • Includes coverage for individuals as well as dependent family members between 5 years and 70 years of age
  • Covers accidental death, permanent total and permanent partial disability
  • Flexible sum insured options
  • Longer policy tenure available
  • No awaiting period is applicable on National Janata Personal Accident Policy
  • Anyone who is a resident of India is eligible for applying for this policy

Benefits of National Janata Personal Accident Policy

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:

  • Accidental death
  • Total and irrecoverable loss of sight of both eyes or losses of use of two hands or feet or loss of sight of one eye and loss of use of one hand or foot
  • Permanent total disablement due to accident Claims against National Janata Personal Accident Policy can be raised worldwide and is a 24 hours cover. The available payment modes are Debit Card, Credit Card and Net Banking.

Additional Discounts for National Janata Personal Accident Policy

  • Group discounts are applicable on group policies. The number of members in the group determines the discount.

Tax Benefits in National Janata Personal Accident Policy

  • There are NO tax benefits available for a personal accident policy.

What is Covered National Janata Personal Accident Policy

The Coverages of National Janata Personal Accident Policy are:

  • Accidental Death: This refers to the death of the insured person as a result of bodily injury due to accident, violent, external and visible means leading to death within 12 calendar months from the date of occurrence of the accidental injury.
  • Permanent Total Disablement: Here, the payouts are applicable for bodily injuries caused by accidental, violent, external and visible means leading to Permanent Total Disablement due to an accident.
  • Permanent Partial Disablement: The compensation is for bodily injury caused by accidental, violent, external and visible means leading to Permanent Partial Disablement within 12 calendar months from the date of occurrence of the accidental injury.

Eligibility Criteria to Apply National Janata Personal Accident Policy

ParametersMinimumMaximum
Entry Age10 years70 years
Sum Assured p.a.Rs. 25,000Rs. 1,00,000
Policy Term1 year5 years
Premium RateRs. 15 for a sum assured of Rs. 25,000Rs. 15 for a sum assured of Rs. 25,000

What is Not Covered Under National Janata Personal Accident Policy?

  • Intentional self-injury, suicide or attempted suicide
  • Under influence of intoxicating liquor or drugs
  • Adventure activities like mountaineering, racing, skiing, winter sports, etc.
  • Breach of law with criminal intent

List of National Insurance Health Insurance Plans

National Parivar Mediclaim Plus Policy

Salient Features and Benefits:

  • Designed to financially protect families – self, spouse, dependent parents and parents-in-law, dependent children - against accidental deaths, and total permanent and total partial disabilities caused due to an accident
  • Offers sum assured of up to Rs. 50 lakhs
  • Includes pre and post hospitalisation expenditures up to a certain period
  • 5% no-claim discount applicable on the base premium
  • Available online through National Insurance’s official portal
  • Lifetime National Insurance renewal option available
  • Expenditures incurred on day care procedures spanning over 140 days

National Mediclaim Policy

Salient Features and Benefits:

  • Aims at covering hospitalisation and other medical expenditures incurred for specific illnesses or injuries caused to the insured – chemotherapy, OT charges, oxygen, blood, medicines, X-ray, etc.
  • Covers expenses such as hospital room and nursing charges up to 1% of the pre-decided sum assured
  • Expenditures incurred on day care procedures spanning over 140 days
  • Offers the convenience of cashless facility at more than 6,000 network hospitals across India
  • Includes cumulative bonus of 5% on sum insured for every claim-free year

National Mediclaim Plus Policy

Salient Features and Benefits:

  • Covers pre-existing illnesses after a waiting period of 3 years
  • Covers Ayurveda, Allopathy and Homeopathy treatments
  • Covers a list of specific illnesses and medical conditions
  • Covers pre-hospitalisation expenses up to 30 days and 60 days post-hospitalisation expenses
  • Offers maternity and new born coverage up to a certain limit
  • Offers daily hospital cash benefit
  • This mediclaim policy can be purchased or renewed through National Insurance online portal
  • Offers optional add-on riders like Critical Illness and Outpatient Treatment

National Varistha Mediclaim Policy for Senior Citizens

Salient Features and Benefits:

  • Covers medical expenses of senior citizens – drugs and medicines, blood, diagnostic charges, oxygen etc., extending to a maximum of 50% of the sum insured
  • Specialises in offering financial security to senior citizens against certain injuries, illnesses and medical conditions
  • Offers hospitalisation expenses up to a maximum of 1% of the sum insured
  • Covers pre-hospitalisation expenditures of up to 30 days and post-hospitalisation of up to 60 days
  • Includes policy renewal option to insured person up to the age of 90 years
  • Offers tax benefits as per Section 80D of the Income Tax Act, 1961

Individual Personal Accident Policy

Salient Features and Benefits:

  • Designed to offer coverage to individuals
  • Covers accidental death, permanent total disability, permanent partial disability, temporary total disability arising due to an accident
  • Flexibility of online purchase and renewal of the policy through the official portal of National Insurance
  • Includes 24 hours coverage across the globe
  • Medical check-up is not mandatory while applying for this policy

Documents Required to Buy National Janata Personal Accident Policy

Following is the list of documents required to purchase National Janata Personal Accident Policy

  • Proposal form, duly filled up with accurate details
  • Proof of Identity (PoI), self-attested at the time of submission
  • Proof of Address (PoA), self-attested at the time of submission
  • Proof of Income, self-attested at the time of submission
  • Passport size photographs

Accepted Proof of Address and Identity are:

  • Aadhaar card
  • Passport
  • PAN card
  • Driving License
  • Ration card
  • Certificate of Birth issued by the Registry of Births and Deaths (RBD), or from a Municipality, as per the provisions of the RBD Act
  • Matriculation or School-leaving or Transfer Certificate
  • EPIC (Electoral Photo Identity Card) issued by the Election Commission of India

National Janata Personal Accident Policy: Policy Renewal Process

Online renewal for National Janata Personal Accident Policy can be completed through the following simple steps:

  • Visit the official website of National Insurance Company and select the ‘National Janata Personal Accident Policy’ option
  • Mention your National Insurance Policy number in the given space, along with all other relevant details
  • Choose your preferred payment method from the available options – Debit Card, Credit Card and Net Banking
  • A confirmation will be generated and sent to your registered contact number and/or email ID, notifying you about the successful renewal of your National Insurance health plan

National Janata Personal Accident Policy: Claim Settlement Process

  • Immediate notice to be given to the Policy issuing office
  • Claim Form to be submitted with medical certificate and bills
  • For Death Claim, nominees should submit:
    • Death Certificate
    • Original Policy
    • Claim Form
    • Post-mortem Report
    • Police Report, if complaint is lodged
  • Death due to drowning may be settled after two years of submission of the following documents:
    • Police report and final investigation report
    • Report of findings by Customs/Port Authorities
    • Affidavit duly notarised
  • Subject to the above, claims of persons of fishing vessels which is missing or a total loss will be presumed dead and claim settled accordingly

Documents Required to Claim National Janata Personal Accident Policy

  • Police report and Final Investigation Report (FIR)
  • Report of findings by Customs/Port Authorities
  • Affidavit duly notarised

Conclusion & Reviews of National Janata Personal Accident Policy

Conclusion

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.

Reviews of National Janata Personal Accident Policy

“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