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Insurance |
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All students admitted to the college shall be covered by a group insurance policy of RS 100.000. with a premium of RS.50 (subject to change) under personal accident scheme. The premium and cover may vary as per the terms of the insurance company. One time premium has to be paid at the time of admission along with the relevant form . The cover shall be effective for one year on acceptance of premium and inclusion of the name of the student in the policy bond. Students admitted after the initial admission process in june/ july shall be covered under the policy for the remaining period and not for complete one year. In the event of an unfortunate accident the insurance company has to be intimated within a weeks time be the parents/ guardian of the student through the principal of the institution. However, the College authorities shall in no way be responsible for admission/ rejection of the claim by the insurance company . The claim has to be made on the official claim form of the company, mentioning the cause of accident,FIR and details regarding medical treatment. Under the policy, death/ loss of two limbs/ two eyes or one eye and one limb shall entail full payment of the sum insured. Loss of one limb or one eye covers 50% of the sum insured. The policy also covers expenses under temporary disability (PTD). Details about the personal accident cover can be obtained directly form the Insurance Company. |
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