Benefits of Group Personal Accident Insurance
- If the policyholder is permanently disabled due to an accident, in that case, the group accident insurance pays for a predetermined percentage of the insured amount or a predetermined multiple of the salary
- If the policyholder loses life due to accidental death, the group personal accident insurance pays the total insured amount or a predetermined multiple of salary
- Our group personal accident insurance pays for the medical expenses of the insured person due to an accident which includes dental and optical expenses
- Permanent partial disabilities of the insured person due to an accident
- We offer weekly group accident insurance payments for a time period you are out of work because of the injuries due to an accident
- Group accident insurance ensures that the claim gets settled quickly
Major Highlights of a Group Personal Accident Insurance
- Group personal accident insurance offers comprehensive coverage for all expenses based on accidents
- 100 % of the insured sum will be paid to the nominee in the case of an accidental death
- In case of temporary permanent disability, a particular percentage of insured amounts will be given to the policyholder
- In case of partial disablement, half of the insured amount will be paid
- Coverage for burns of the policyholder due to the accidents
- Group personal accident insurance covers for the insured’s broken bone due to an accident