Right price for a Personal Accident Insurance Finding the right price for personal accident insurance is crucial to ensure you’re adequately covered in case of an accident. However, finding the right price point can be challenging, and you don’t want to overpay for coverage you don’t need. In this video, we’ll discuss the factors that […]
How to reduce your rate for GPA, if you already have a GTL cover?
Overview GPA (Group Personal Accident) and GTL (Group Term Life) are both fixed-benefit group insurance policies offered by employers: GPA covers accidental death/disability; GTL covers death due to any cause . If employees are covered under both GPA and GTL, accidental death claims will trigger both policies, but natural death claims trigger only GTL 1. To avoid […]
Personal Accident insurance – Right price (Infographic)
With so many options in the market, paying the right price for Personal Accident insurance can be confusing. The insurance pays a pre-determined amount when an employee has an accident that can benefit the employee or their family. The below infographic explains various factors that influence the premium of this policy. The typical cover offered […]