What are the reasons for claim rejection in GPA?

You can claim in a GPA policy against accidental death, permanent and partial disability, temporary disability, and accidental medical expenses depending on the coverage in your policy. However, there are chances that your accidental claim, though legitimate, is rejected by the insurer. Below is the list of policy exclusions or the reasons due to which […]

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How to reduce your rate for GPA, if you already have a GTL cover?

GPA and GTL offer accidental and life coverage respectively. Both are fixed benefit policies aimed at providing financial security to the employee’s family upon the death of the employee.   Coverage for GPA and GTL are as under –   Group Personal Accident Group Term Life 1. Accidental Death (AD) 1.Death (Natural & Accidental) 2. […]

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How does a borrower GPA policy work?

A group personal accident (GPA) policy covers accidental death and disability. A group such as a bank or an NBFC can design such a policy to cover borrowers. This notably helps secure the loan amount in case the borrower meets with an accident. Insurance for borrowers Why is it needed? There is a large market […]

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4 Reasons You Need a Group Personal Accident Policy for Your Workforce

A group personal accident policy is one of the most crucial insurance covers that any organisation must avail to ensure safety and security of its valued employees. No organisation would want to lose its talented workforce due to any unexpected mishaps. However, absolute safety can never be ensured in today’s fast-paced world with an alarming […]

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Other Risks That Your Employees May Be Exposed To

The employer-employee relationship is crucial for an organisation. Given the competitive scenario, an organisation is required to think continually about people practices. A mutually beneficial working relationship has many aspects attached to it. However, our focus today is on health and how it plays a useful role in employee productivity. Health coverage is an important […]

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