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The policy compensates
individual against death, loss of limbs, loss of eyesight, permanent
total disablement, permanent partial disablement and temporary total disablement,
solely and directly resulting from accidental injuries.
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Serial Contingency and Benefit Table Benefits Rate (Rs.
Per mile)
No.
Payable as % of CSI
Covered Normal Medium Heavy
Risks Risks Risks
1.
Death only - 100% I 1 0.40 0.60 0.90
2.
Loss of two limbs, two eyes
or one limb and one eye-100%
3.
Loss of one limb or one eye-50%
4.
Permanent
Total Disablement
IA 1 to 4 0.45 0.65
1.50
from injuries other
than those
named above
(PTD-100%)
5.
Permanent
Partial Disablement
II 1 to 5 0.90 1.25
1.90
% of CSI as Detailed
in the Policy
6.
Temporary
Total Disablement
III 1 to 6 1.50 2.00
3.00
1% of CSI per week
up to 104 weeks
maximum. Weekly
benefits not to
exceed Rs.5,000/-
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Normal Risk:
Bureaucrats, Doctors, Lawyers, Accountants, Architects,
Bankers, Consulting Engineers, Teachers, Persons engaged in administrative
functions, persons primarily engaged in occupations of similar hazard.
Medium Risk:
Builders, Contractors, Engineers engaged in superintending
functions only, Veterinary Doctors, Paid Drivers and Persons engaged in
occupations of similar hazard and not engaged in manual labour.
All persons engaged in manual labour (except those falling under heavy risk),
cash carrying employees, Garage and Motor Mechanics, Machine Operators,
Drivers of Heavy Vehicles, Professional Athletes and Sportsmen and Wood
working Machinist and persons engaged in any occupations of similar hazard.
Heavy Risk:
Persons working in underground Mines, Explosive,
Magazines, Workers involved in electrical installation with High-tension
supply, jockeys, Circus personal, persons engaged in activities like racing
on wheels or Horse back, big game hunting, Mountaineering, Winter Sports,
Skiing Ice Skating, Ballooning, Hang gliding, River Rafting, Polo playing and
persons engaged in occupations/activities of similar hazards.
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