What Is Not Covered Under Group Personal Accident Insurance?

What Is Not Covered Under Group Personal Accident Insurance? The below-mentioned causes of injury or death are not covered under a group personal accident insurance: Natural Death Death or injury while under the influence of intoxicating liquor or drugs Death or injury while engaged in an adventure sport or hazardous activity Any pre-existing condition and […]

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How does the Group Personal Accident cover benefits your organization?

It is the responsibility of the employer to protect its employees. The employees being important part of the organization, the group personal accident cover helps in protecting the employees. The policy cover helps in covering the medical expenses and other compensation to the employees in case of any accident or injury and against other unfortunate […]

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Group personal accident insurance

Q1. What is Group Personal Accident Insurance? Group Personal Accident Insurance policy provides your beneficiary with a benefit in the unfortunate event of your accidental death and disability. It covers the following injury or death due to accidents: 1. Accidental Death: It provides for payment of compensation on the insured person’s death caused by bodily […]

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What is the importance of group personal accident insurance for employees?

Considering the rise in the number of accidents, many organizations offer group personal accident insurance to their employees. Companies either offer it free of cost or charge nominal premium rates. Why is a group personal accident insurance important A group personal accident insurance is important for employees because of the following reasons: Gives financial security […]

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What Are the Additional Benefits Available in the Group Personal Accident Insurance?

Group personal accident plans in general cover accidental hospitalization and death benefits but they also do offer the following lesser-known additional benefits to the insured group members: Education Allowance: If a mishap results in permanent disability, the insurer will compensate the policyholder’s children for their education as mentioned in the policy. Repatriation of Remains: In […]

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