What is the insurance policy given to the selected cadets in NDA?
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1 Answer
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Army group insurance fund is the compulsory contributory group scheme that provides insurance cover of INR 15 Lacs on payment of one time non-refundable premium of INR 6,400 for 3 years paid from the date of joining NDA till completion of training. In case of death, compensation is offered to the families. An ex-gratia amount of INR 12.5 Lacs or INR 9,000 per month is paid to the NoK. This will be provided on an ex-gratia basis and should not be considered with a pension.
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