Group Personal Accident Insurance

Employees play a big part in ensuring that the business continues to run successfully. Today we are all exposed to uncertain risks at any place. Some unfortunate accidental to your employee(s) occurrence might bring a huge financial loss or a difficulty in running some operations. So to ensure the well being of your employees and their families, it is important to compensate for such losses. Group personal accident insurance can help to indemnify any such losses.

Group Personal Accident Insurance plan provides companies with comprehensive personal accident insurance coverage and liability insurance protection against accidental death or injury. 

  • Death: Bodily Injury, which within 12 calendar months from the occurence thereof shall solely and directly cause the death of the insured person.
  • Permanent Total Disablement: The loss of a function of the body whereby total restoration is not possible. Example; paralysis, loss of vision, hearing or speech.
  • Permanent Partial Disablement: This is a disablement which is not so severe such as loss of a finger or toe and the compensation will be based on a percentage of the sum insured.
  • Temporary Total Disablement and Temporary Partial Disablement: The amount payable is based on weekly compensations.
  • Temporary Total Disablement: The insured is incapable to fully attend to his work and its compensated based on the number of weeks of his disability.
  • Temporary Partial Disablement: Insured is incapable to attend a specific area of his normal duties and compensation will be based on the period of partial disability.
  • Medical Expenses: Pays for medical expenses incurred following an accident.

 

Exclusions

  • Dangerous sports or recreation activities.
  • Riot & Strike
  • War and kindred risks
  • Travelling in an aircraft as a member of the crew
  • Self injury, suicide and willful exposure to injury, provoked assault
  • Insanity or under influence of drugs or intoxicating drinks
  • Pregnancy, childbirth, miscarriage, abortion or pre-existing physical defect
  • Disease or illness
  • Armed or military duty
  • Professional sports 

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