Introduction Group Personal Accident (GPA) insurance is an employer-arranged policy that pays specified benefits if a covered employee suffers accidental death or disability. For employers, GPA Insurance supports employee welfare, retention, and a stronger benefits package, and replaces ad hoc payouts with a planned benefit. For employees, it can provide financial support to them or […]
Borrower GPA – How Lender-Linked Group Accident Cover Works
When a borrower suffers a serious injury or dies in an accident, two problems arise at once: the family loses income, and a loan is still outstanding. A Borrower GPA Policy is group personal accident insurance that a lender arranges for eligible borrowers to help with the financial consequences of a covered accident. Every scheme […]
GPA Add-On Covers & Extension Benefits-Complete List
Introduction Add-ons are optional benefits an employer can add to a group personal accident insurance policy, beyond the core covers for accidental death and disability. They can pay for things like accident medical expenses, children’s education, ambulance charges, or home modifications after a serious injury. SecureNow lists 15 common add-ons, each explained below. However, availability, […]
GPA Claim Rejection – Common Reasons & How to Avoid Them: Limits & How They Work
A Group Personal Accident (GPA) policy is valuable only if the insurer pays its claims when an employee suffers an injury or dies in an accident. However, insurers do decline some claims. Usually, this happens because the circumstances fall outside the policy’s terms, an exclusion applies, the insurer can’t confirm the person’s insured status, or […]
GPA Insurance Coverage-What the Policy Covers
Introduction Group Personal Accident (GPA) insurance is an employer-arranged policy that pays specified benefits when an insured employee suffers a covered accident. The core covers are usually accidental death, Permanent Total Disability (PTD) and Permanent Partial Disability (PPD), and many policies also include Temporary Total Disability (TTD) and other benefits. The actual payout depends on […]
GPA Insurance Exclusions – What’s Not Covered: Limits & How They Work
A Group Personal Accident (GPA) policy pays benefits when an accident kills or disables an employee. It doesn’t pay for every accident, though. Every policy lists exclusions – situations in which the insurer won’t pay even if an injury happened. Exclusions decide many claim outcomes, so employers and employees should understand them before relying on […]
Group Personal Accident Insurance Premium – Cost, Rates & Pricing Guide
Introduction The premium for a Group Personal Accident (GPA) policy depends on the sum insured chosen, the type of work employees do, the size and make-up of the group, the benefits and add-ons selected, and the insurer’s underwriting terms. In addition, claims history can affect renewals. As a result, no single market rate applies to […]
How to Buy Group Personal Accident Insurance – The HR Buyer’s Guide
Introduction To buy Group Personal Accident (GPA) insurance: First, identify which employees need cover and why. Next, choose a benefit structure and sum insured. Before you request quotes, prepare accurate employee data. Then get quotations from insurers or a broker, and compare cover, limits, exclusions and price on the same basis. When you have chosen […]
How to File a Group Personal Accident Insurance Claim – Step-by-Step Guide
Introduction To claim under a Group Personal Accident (GPA) policy, get medical help first, then tell your employer’s HR or insurance contact as soon as possible. After that, notify the insurer within the period your policy specifies, and fill in the correct claim form. Submit the documents needed for your claim type, and then answer […]
Medical Expenses Under GPA – Options, Limits & How They Work
Introduction Medical expenses under a Group Personal Accident (GPA) policy are treatment costs for an injury from a covered accident. In many policies, this cover is an optional extension, not a built-in benefit. Insurers often cap the amount payable with a formula, such as a percentage of the sum insured or of the accident claim […]