The Group variant of the insurer's newest women's PA product — launched 19 August 2025. One master policy. Multiple women protected. SHGs, NGOs, employers, and microfinance institutions enrol groups of women for accident insurance. Age 5–75. No income or occupation restriction. Single premium payment covers the entire group.
the insurer Miscellaneous· Group PA Insurance· Women Only· Launched 19 August 2025
The Group Rajrajeshwari Women's Freedom Policy is the Group variant of the insurer's newest women's PA insurance — a separate listed product from the Individual version. One organisation buys a single master policy. All enrolled women members receive individual certificates. Claims are settled directly to each woman or her nominee.
The organisation signs once. All enrolled women are covered. No individual proposal forms from each member — bulk enrollment from a single member list.
Group AdvantageGroup PA rates are typically more economical per head than individual rates. A larger group means better pooling and lower cost per woman insured.
More EconomicalEach insured woman receives her own individual certificate — her proof of coverage, her policy number, her sum insured, her nominee.
Individual RightsClaims are settled directly by the insurer to the insured woman or her nominee. The organisation does not process or control claims — it's the woman's right.
Consumer ProtectionNew women joining the SHG or organisation mid-year can be added on pro-rata premium. Members leaving can also be removed with refund of unexpired premium.
FlexibleThe entire group renews together at one time each year. Premium is recalculated based on current membership, any changes in sum insured, and claims experience.
Simple Renewal6 Types of Organisations That Can Be the Policyholder
Any organisation that represents, employs, or serves a group of women can be the policyholder for the Group Rajrajeshwari Women's Freedom Policy. The organisation buys and pays for the master policy. The women members are the insured persons.
India has 10+ crore SHG members — overwhelmingly women in rural and semi-urban areas. The SHG is the natural policyholder: it pays a single annual premium from group corpus funds, and all members are covered.
Karma Kutir (women's welfare NGO since 1961) was present at the NRWFP launch — confirming NGOs are key distribution partners. Cover programme beneficiaries, volunteers, and community members.
Factories, domestic work agencies, agricultural employers, garment manufacturers, cooperatives — any employer with women staff can cover all women employees under the Group policy.
MFIs lend to groups of women borrowers. The Group NRWFP can be bundled as a credit life supplement — if an accident prevents a borrower from repaying, the PA claim provides financial relief.
Gram panchayats can cover women in their village. NRLM / SHG Federations can cover all federated SHG members. State government welfare departments can buy Group policies for beneficiary women.
Schools and colleges with girl students — especially for the 5–17 age group that is covered under the individual policy only with a guardian as proposer. An institution can cover all girl students under one Group policy.
Standard Group PA in India requires a minimum number of members to form a group policy. IRDAI's micro insurance regulations allow groups of as few as 5–7 members for social sector schemes. Standard Group PA typically requires 10–25 members minimum. The exact minimum for the Group Rajrajeshwari Women's Freedom Policy should be confirmed directly with the insurer. Call 022 4302 0000 or visit your nearest the insurer branch.
Master Policy Architecture — The Defining Structure of Group Insurance
The Group policy has a two-tier structure: the organisation holds the master policy; individual women hold their member certificates. The contract is with the organisation — but the benefit belongs to the individual woman. Her claim is her right, not subject to the organisation's approval.
SHG· NGO· Employer· MFI· Panchayat· Institution
Pays single annual premium for all members
One policy document· One policy number
Covers all enrolled women members
Each woman or her nominee files directly with the insurer. The organisation does NOT process or control claims. the insurer pays the insured woman or her nominee directly into their bank account.
⚠️ Confirm exact SI options and graded structure availability with the insurer for this specific product. Call 022 4302 0000.
India Has 10 Crore+ SHG Members — Mostly Women
India's Self-Help Group network is the world's largest women's financial inclusion infrastructure. Loans worth ₹12 lakh crore+ have been disbursed to women SHGs under DAY-NRLM. The Group NRWFP is designed to plug directly into this ecosystem — bringing accident insurance to the 10 crore women who are already organised but largely uninsured.
⚠️ ILLUSTRATIVE ONLY. Uses indicative Group PA rate range of 0.05%–0.15% of SI per member per year — standard industry range for Group PA in India. Actual premium for the Group Rajrajeshwari Women's Freedom Policy depends on the insurer's current rate schedule, exact group size, age distribution, and claim history. Call 022 4302 0000 for an exact premium quote.
What Each Member Is Protected Against
Each insured member receives the same personal accident protection as the Individual NRWFP — but administered through the Group master policy. Benefits are paid per-member based on their individual SI as shown on their certificate.
This policy was launched on 19 August 2025. Full benefit tables, premium schedules, and exact sum insured options are available from the insurer directly. The coverage below reflects standard Group Personal Accident Insurance benefits per IRDAI norms. For exact terms of this specific Group policy, call 022 4302 0000 or visit your nearest the insurer branch.
| Benefit | Standard Coverage (per member) | Notes |
|---|---|---|
| Accidental Death | 100% of member's SI | Death within 12 months of accident. Paid to nominee named on member's certificate. |
| Permanent Total Disablement (PTD) | 100% of member's SI | Loss of both eyes, both limbs, or one eye and one limb — total and irrecoverable. |
| Permanent Partial Disablement (PPD) | % per benefit schedule | Loss of one limb, one eye, hearing, speech — % of SI based on severity. |
| Temporary Total Disablement (TTD) | Weekly compensation | Weekly benefit while completely unable to work. Confirm rate with the insurer. |
Standard Group PA products in India commonly include these additional benefits beyond core Death/PTD/PPD/TTD. Whether these apply to the Group NRWFP should be confirmed with the insurer:
6-Step Process for Organisations
The enrollment process for a Group policy is handled at the organisational level. Probitas Insurance Brokers (IRDAI Lic. 528) can facilitate the entire process — from proposal form to premium payment to master policy issuance to individual certificate distribution.
Call 022 4302 0000 or submit the enquiry form below. Tell us your organisation type, number of women to cover, and desired SI per member. We will provide the exact premium quote from the insurer.
Complete the insurer's Group PA proposal form. Provide: organisation details, complete member list (names, dates of birth, nominee names and relationships). No individual medical forms required for standard SI.
the insurer reviews the group proposal. For standard Group PA with standard SI, acceptance is typically straightforward. Larger groups or higher SI may require additional information. We facilitate this process.
Single premium payment from the organisation's bank account — cheque, NEFT/RTGS, or online payment. One payment covers all members for 12 months. Premium receipt issued immediately.
the insurer issues the master group policy to the organisation AND individual member certificates to each enrolled woman. Distribute certificates to members. Each certificate is her personal proof of insurance.
Before policy expiry, review membership list (additions/deletions), update nominee details if needed, and pay renewal premium. Premium may be revised based on group size changes and claims experience.
Probitas Insurance Brokers (IRDAI Lic. No. 528) can manage the entire Group policy lifecycle on your behalf — proposal, underwriting coordination, premium payment, master policy and certificate distribution, mid-year endorsements, annual renewal. SHGs and NGOs with limited administrative capacity particularly benefit from broker facilitation. Call 022 4302 0000 or email contact@takemyinsurance.com to get started.
When to Choose Group vs Individual
Both are genuine personal accident products for women — but the policyholder, premium, process, and administration differ significantly. Choose based on your situation.
Yes. A woman can hold both an Individual NRWFP (for higher SI or different nominee structure) AND be a member under her SHG's Group NRWFP. Standard contribution rules apply — but holding both is entirely valid. An SHG may also choose to buy the Group policy at a lower uniform SI for all members, while individual members who want higher coverage can buy their own Individual policy on top. Contact 022 4302 0000 to discuss the optimal structure for your situation.
The Woman's Claim Is Her Right — Not Subject to Organisation Approval
Claims under the Group policy are filed directly by the individual member (or her nominee). The organisation's role ends at premium payment. the insurer settles claims directly with the insured woman — not through the SHG or employer.
Under a Group PA policy, the insured member (or her nominee) has the right to file a claim directly with the insurer — independent of the organisation. The SHG/NGO/employer cannot block, delay, or withhold a legitimate claim.
Claim settlement is transferred directly to the insured woman's bank account or her nominee's account. It does not pass through the organisation's account. Rural women should know their claim payment is theirs alone.
The individual member certificate (issued by the insurer) is sufficient proof of coverage to initiate a claim. She does not need the organisation's letter or signature to file — her certificate is her document.
A woman who leaves the SHG mid-year remains covered under the Group policy until either the master policy expires or the insurer processes a deletion endorsement. She should file any claim before the deletion is processed.
Group Policy Questions
Get Your Group NRWFP Quote
Our the insurer-empanelled specialists will contact you within one working day with a complete Group Rajrajeshwari Women's Freedom Policy quote — premium, SI options, minimum group size, and the enrollment process specific to your organisation type.
By submitting you agree to our Privacy Policy and Terms & Conditions. Group Rajrajeshwari Women's Freedom Policy — launched 19 August 2025. Full terms, benefit tables, and premium available from the insurer. Subject to the insurer group underwriting. Probitas Insurance Brokers Pvt. Ltd.· IRDAI Lic. No. 528.