A memorandum of understanding has been signed by ICSI with NEW INDIA ASSSURANCE co ltd. to facilitate insurance policy for its members, employees and students .For easy facilitation a portal (http:// icsi.newindia.co.in) has been launched to enable them to apply for insurance on web enabled proposal form and payment of premium through payment gateway.
Various types of policies offered under MOU are:
1. Professional Indemnity policy for practicing Members of the Institute
2. Office Protection Shield Policy for Members of Institute
3. Mediclaim policy for Members, Employees and Students of Institute
4. Personal Accident Cover (For self and Family Members) for Members, Employees and Students of Institute
5. Motor (Private Car and Two Wheelers) Insurance Policy for Members, Employees and Students of ICSI
The portal can be accessed using insured person’s identity on the basis of their Membership Number/ Registration Number/ Employee Roll Number. The portal allows remittance of premium through payment gateway by credit card, debit card or net banking