Oriental Insurance Nagrik Suraksha Policy

Policy Benefits

• If any bodily injury within 12 months of its occurrence resulting in accidental death, the Sum Insured (SI) as specified in the schedule is paid.
• Total and irrecoverable loss of sight of both eyes/use of both hands/both feet/one hand and one foot/sight of one eye and one hand or one foot is payable up to 100% of SI.
• Total and irrecoverable loss of sight of one eye/use of one foot/one hand is covered as per the sub limit specified.
• Permanent total disability is covered up to SI as specified in the policy schedule.
• Any disability of 40% or more is payable up to the sub limit mentioned in the policy.
• Hospitalization expenses arising from treatment of accidental bodily injury are covered.
• Cost incurred towards the carriage of dead body is covered as per the sub limit specified.
• In the event of death or Permanent total disability, education fund is payable to the dependent children aged below 23 years.
• Loss of employment caused due to accidental permanent total disablement is payable. This benefit is available for individual policy holders

Value Added Benefits

• Cumulative bonus is available. 5% increase in SI for each claim-free policy year, subject to a maximum of 20% of SI. This benefit is applicable only under the individual policy.
• Reimbursement of hospitalization expenses is covered under this policy.
• Exercise the option to buy policy online.
• Longer policy term is available for individual policies.

Sub Limits

• Loss of sight of one eye/use of one foot/one hand is capped up to 50% of the Sum Insured.
• Disability of the insured person is payable as a percentage of SI equal to the percentage of disability sustained from an accidental bodily injury. This benefit in no case exceeds 100% of the Sum Insured.
• Hospitalization expenses are payable up to the actual charges incurred, not exceeding the Sum Insured as stated in the schedule.
• Carriage of the insured’s dead body is payable up to 2% of SI or Rs 2,500 whichever is less.
• Education fund for one dependent child is capped up to 10% of the original sum insured or Rs 5,000 whichever is lower and for more than dependent child, it is capped up to 10% of the original sum insured or Rs 10,000 whichever is lower.
• Loss of employment is capped up to 1% of the original sum insured. This benefit is payable over & above the Sum Insured available under the policy.

Waiting Period Clause

No waiting period is applicable.