A group accidental insurance policy has the following characteristics: Issued to a group of people with the similar risk profile Employers, organizations, travel companies, banks, and other service providers can create the groups The insurance covers the expenses and compensates the insured group members for any injury sustained in the course of their lives (except […]
5 Points to Note Before Buying Health Insurance Top-Up Plan
Health insurance top-up plans offer the financial backup that you would require once the cover available under your base health insurance plan is exhausted. For instance, if your medical expenses are Rs 10 lakh and your mediclaim policy covers only Rs 5 lakh. The remaining Rs 5 lakh would cover by your health insurance top-up […]
Group Personal Accident Insurance – Why Is It Useful For Your Company?
When an employee has an accident there is an important expectation that the employer will pay compensation. If the accident is on company premises or company work then the law may also require compensation to be paid. A Group personal accident insurance pays a pre-determined amount when an employee has an accident. Insurance is important […]
What does Pregnancy Exclusion Clause in a Group Personal Accident Policy?
A group personal accident policy covers the employees of the organization against disability or death while in the service period. Most organizations secure their employees with this policy as employees form a vital part of any business. What does Pregnancy Exclusion Clause in a Group Personal Accident Policy? A group personal accident policy can be […]