Stree Shakti Samrakshan

NEW INDIA STREE SHAKTI SAMRAKSHAN

The main objective of New India Stree Shakti Samrakshan Policy is to provide comprehensive protection suite for the modern woman, addressing niche but high-impact risks that traditional insurance often overlooks. This policy is designed to safeguard women through modern workplace and social challenges.

18 years to 60 years

• 1. Mass Layoff Cover - Compulsory Cover

  Up to 40% of 6 months employee's last drawn gross monthly salary.

• 2. Personal Accident - Compulsory Cover

  Up to 10 times annual gainful income.

• 3. Medical Expenses - Add-on Cover (Optional)

  25% of CSI or Rs. 5 lacs whichever is less, in multiple of 50,000/-

• 4. Educational Grant - Add-on Cover (Optional)

  Up to 10% of SI per child subject to maximum Rs. 7.5 lakhs per child for 2 dependent children below the age of 25 years.

  For single mother - Rs. 10 lakhs per child for 2 dependent children below the age of 25 years.

• 5. Survivor Resilience Support for Acid Attack Victims - In-built Cover

  Up to Rs. 5 lacs.

• 6. Baggage - In-built Cover

  Up to Rs. 50,000/-.

• 7. POSH Victim Cover - Compulsory Cover

  A. Resignation Compensation:
  Amount equal to 40% of three months' last drawn gross salary of the employee.

  B. Counselling Expenses:
  Reimbursement of expenses incurred towards psychological counselling, limited to: 40% of 3 months last drawn gross salary or Rs. 20,000/- whichever is less for maximum 10 counselling sessions.

  C. Legal Expenses:
  Up to Rs. 20,000/-

• 8. Fire and Burglary Cover – First Loss Basis (Household Contents – Excluding Valuables & Jewellery) - Optional Cover

  Up to Rs. 5 lacs.