What is the insurance policy of NDA officers?

<p>There are various insurance schemes provided by the Government of India for NDA officers like:</p><ul><li>&nbsp;Officers avail a subsidized canteen facility for their daily needs as well as medical facilities for them and their families.</li><li>They are provided with CAPF Group Insurance Scheme. However, Officers can also opt for additional life insurance coverage.</li><li>NDA officers are entitled to a pension. This pension is based on their rank and years of service.</li></ul><p>&nbsp;</p><p>&nbsp;</p>

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<p>The insurance policy given to NDA officers is given below:</p><ul><li>Army Group Insurance Fund is a compulsory contributory group scheme, which provides insurance cover for 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</li><li>In case of relegation, an additional premium of INR 1,160 per relegated term will be paid immediately on occurrence</li><li>For those who are invalided out from NDA by IMB on account of disability and not entitled to any pension will be provided INR 7.5 Lacs for 100 per cent disability</li><li>This will be reduced to INR 1.5 Lacs for 20 per cent disability</li><li>For less than 20 per cent disability, only an Ex-Gratia Grant of INR 50,000 for initial year of training and INR 1 Lacs during the last year of training will be paid.</li><li>At IMA, at the time of stipend, the Gentlemen cadets are provided insurance cover of INR 75 Lacs with a monthly contribution of INR 5,000 (with effect from October 1, 2016 as per maint AGI scheme as application to regular officers).</li><li>Those who are invalidated out from IMA by IMB on account of disability and not entitled to any pension will be provided INR 25 Lakhs for 100 per cent&nbsp; disability.</li><li>This will be reduced to INR 5 Lacs for 20 per cent disability.</li><li>For less than 20 per cent disability, only an Ex-Gratia amount of INR 50,000 for initial year of training and INR&nbsp;1 Lacs during the last year of training will be paid.</li></ul>

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