Paragliding Association of India Paragliding in India

Insurance Policy

Paragliding in India


Personal Accident Policy for Paragliding / Powered paragliding

Tailor-made Personal Accident Insurance Policy

PAI offers Insurance cover to all its members. This insurance is offered to PAI members only, upon enrollment by way of the necessary formalities and fee payment. The insurance policy is a Group Insurance Policy tailor-made for PAI by The New India Assurance Co. Ltd., one of the leading Insurance service provider in India. The Insurance covers the below mentioned benefits following an accident or death while being involved in Paragliding or Powered Paragliding.


Policy benefits:

1 Death only 100%
2 Loss of 2 limbs, 2 eyes or 1 limb and 1 eye 100%
3 Loss of 1 limb or 1 eye 50%
4 Permanent total disablement from injuries other than those named above (P.T.D.) 100%
5 Permanent partial disablement (PPD) % of CSI It varies from 1% to 50% stated in chart in manual
6 Temporary Total disablement @ 1% of CSI upto

100 weeks (Maximum weekly benefit per week not exceeding Rs.5000/=) however limited to Capital Sum Insured.

Policy terms and conditions:

  1. This policy is only eligible for members of ‘Paragliding Association of India’.

  2. The policy covers reimbursement of hospitalisation expenses for injuries due to Paragliding/Powered Paragliding.

  3. The policy cover is not limited to PG sport, it also covers injuries from Mountaineering and all other kinds of accidents.

  4. This is an individual policy extended to PAI members.

  5. Maximum age limit is 70 years.

  6. This is 'not a cashless policy’ .

  7. The hospitalisation cover will have an upper limit (as mentioned in point 8 below)

  8. Minimum sum insured is Rs. 2,00,000/-. Reimbursement of medical expenses for accidental IPD treatment is limited to 20% of sum insured or 40% of admissible claim amount under Point 1-6 benefits mentioned as above, whichever is less. Maximum sum insured is Rs. 5,00,000/- for standard slab and up to Rs. 50,00,000/- for higher slab. Table A Benefit is limited to Rs. 5 lakhs when the proposer is opting for higher slab

  9. Premium for sum insured of Rs. 2,00,000/- is Rs. 850/- and increases depending on the sum insured.

  10. The policy will be sent to the individual directly.

  11. The policy will be valid for one year from the date of issue.

  12. Policy will be effective as soon as contact details of the member and payment are received by the insurance company.

  13. The policy will be invalid in case your PAI membership is not renewed.
New India Assurance Co Ltd
24 hours

Updated on:
18 June 2015

Premium Amount (inclusive of applicable service tax effective 01 June 2015)

Standard Slab

Sum Insured Premium Amount #
Indian Rupee 2,00,000 Indian Rupee 850
Indian Rupee 3,00,000 Indian Rupee 1,225
Indian Rupee 5,00,000 Indian Rupee 1,975
No Income proof required for above slab
# The above premium amount includes a sum of Indian Rupee 100.00/- towards administration charges by PAI.

Indian Rupee 10 Lakhs Indian Rupee 25 Lakhs
>Indian Rupee 15 Lakhs - < Indian Rupee 25 L Indian Rupee 50 Lakhs
The above is the common slab in the Insurance industry, How ever New India's financial underwriter's eligibility calculation may be changed based on the Income proof submitted.


Higher Slab

Sum Insured Premium Amount ##
Indian Rupee 7,50,000 Indian Rupee 3,013
Indian Rupee 10,00,000 Indian Rupee 3,951
Indian Rupee 12,50,000 Indian Rupee 4,889
Indian Rupee 15,00,000 Indian Rupee 5,826
Indian Rupee 20,00,000 Indian Rupee 7,701
Indian Rupee 25,00,000 Indian Rupee 9,577
Indian Rupee 30,00,000 Indian Rupee 11,452
Indian Rupee 40,00,000 Indian Rupee 15,202
Indian Rupee 50,00,000 Indian Rupee 18,953
## The above premium amount includes a sum of
Indian Rupee 200.00/- towards administration charges by PAI.

Select your desired 'Sum Insured' amount from above table and make payment of respective 'Premium Amount' to PAI.
Payment to be sent to ‘Paragliding Association of India’ by crossed cheque / NEFT transfer.
Account details Beneficiary - Paragliding Association of India
Account No - 60044954528
Account Type - Savings
IFSC / RTGS code - MAHB0000084
MICR Code - 403014002
Bank - Bank of Maharashtra
Branch - Panaji Branch, Panaji, Goa.
How to enroll
  1. Decide on a sum you want to insure and check the premium.
  2. Deposit the sum in PAI's account and keep the transaction details handy.
  3. For standard slab (2-5 Lakhs) no income proof is required.
  4. For higher slab above 5 Lakhs to 50 Lakhs your proof of income (IT return proof) will be required. Scan a copy of the same and send it to
  5. Download the NIA proposal form, fill it up and send it to PAI office. To expedite the process we will consider a scan of the proposal form sent to us by email, but the proposal form in original should reach PAI within 7 days of your request, or else your insurance policy will be invalid.
  6. Login to your PAI account / Landing Zone here and request for a new insurance policy from the left side menu.
  7. Students / Non-earning members are eligible for sum insured Rs. 2 Lakhs only.

  • Full Name
  • Date of Birth
  • Address
  • Contact no.
  • Scanned Photo ID Copy (PAN Card/ Passport/ Driving License/ Adhaar/ Voter's ID)
  • All of above data will be automatically pulled from your PAI account database. Please verify before you submit.
  • Your PAN No. (In case you haven't mentioned in your profile)
  • Beneficiary (nominee) Name, Date of birth, Relation to insured
  • Proposal form as mentioned above
  • Income proof for higher slab
PLEASE NOTE - PAI is neither the service provider, insurance agent or authority in issuing the policies or settling the claim. PAI is simply extending a facility to PAI members. Acceptance of your request to issue an insurance policy is at the sole discretion of The New Indian Assurance Co. Ltd.

For more information or follow up on insurance matters, email