Personal accident insurance allows the insurer to get a fixed amount in case of an accident. A group personal accident insurance can help an organization to ensure the safety of its employees. Know how is claim processed under Group Personal Accident Insurance? How to claim a Group Personal Accident Insurance In case of an accident, […]
Articles Tagged: Group Personal Accident Insurance
5 Group Policies which are a must for any Organization
A successful organization is made with the efforts of its employees. They work efficiently together to take the organization to desired heights. Being the owner, it is your responsibility to work towards the welfare of your employees. You would realize that constant motivation is the key to the efficient work of any employee, whether a […]
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 organization must avail to ensure the safety and security of its valued employees. No organization 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 […]
Which type of organizations must buy a Group Personal Accident cover?
Although all kinds of organizations should include the risk of injury to their workers and employees, it is usually the ones with higher chances of an accident at the workplace, who must buy a Group Personal Accident insurance cover. Depending on the risk their employees are exposed to, the following businesses must buy Group Personal […]
What is an Accidental Death and Dismemberment Insurance coverage?
Accidental death and dismemberment insurance (AD&D) as the name suggests, covers accidental death and dismemberment. This additional rider comes along with the life insurance policy and the health insurance policy. It pays you or your beneficiary in case of death by accident and dismemberment. The loss includes the loss of any of your body parts […]
Why Group Personal Accidental Insurance?
Employees are important for the continuity of any firm’s operations. So, it becomes very important to protect them against unfortunate events that can result in partial or permanent disability or even death of the employee. The group personal accidental insurance offers this cover to the employees on behalf of the employer. The group personal accident […]
How does the Group Personal Accident cover benefits your organization?
It is the responsibility of the employer to protect its employees. The employees being an important part of the organization, and 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 an accident or injury and against […]
What is covered under Group Personal Accident Insurance?
The extent of the coverage of the group personal accident cover depends on the terms of the plan. In this article, we’ll get to know what is covered under group personal accident insurance. Coverage Under Group Personal Accident Insurance Generally, the following covers are provided by most of the group personal accident policies: Accidental Death: […]
Don’t be like Mr. Verma, Know your Group Personal Accident Insurance in detail
Mr. Suresh Verma, a 35-year-old, was working as an IT professional in an MNC in Delhi for the last six years. Being tied up with office work, Suresh never knew what benefits his company’s personal accident insurance offered. He only knew that a certain amount of his income was deducted from his salary every month […]
What liabilities does a Group Personal Accident Insurance scheme cover?
An accident is a scary event that leads to long-term scale trouble. Although nobody has any control over any sudden unforeseen event, we can prepare ourselves for the damage that can happen after an accident. Loss of life to permanent disability, any unfortunate thing can take place after an accident. The worst part is that […]