Group personal accident plans in general cover accidental hospitalization and death benefits but they also do offer the following lesser-known additional benefits to the insured group members: Education Allowance: If a mishap results in permanent disability, the insurer will compensate the policyholder’s children for their education as mentioned in the policy. Repatriation of Remains: In […]
Articles Tagged: Group Personal Accident Insurance
Quick Guide For Filing The Claim Under Group Personal Accident Policy
A group personal accident insurance plan is an employee welfare scheme that covers a group of employees against the risk of unforeseen incidents like accidents. In this article, we’ll give a quick guide for filing the claim under Group Personal Accidental Insurance Policy. A slip or fall might cause major fractures or injuries which can […]
Reasons why should you offer Group Personal Accident cover to your Employees?
For any organization, its employees are the most valued assets. This is evident, especially in today’s competitive world where it is very difficult to get and retain talented employees. While you might be providing several facilities for the safety and security of employees, availing of a personal accident insurance cover for them is often negated. […]
Minimum Health & Safety Requirement for Every Organisation Operating in India
In a recent case where two workers died while working at Anna University, the reputed institution was accused of not providing the necessary safety kits to the construction workers. The workers had been called up to seal a tank opening on the campus. The hazardous chemicals that were being used proved fatal for their health. […]
Be A Smart Employer, Buy Group Personal Accident Insurance For Your Employees
A smart employer is one who looks after the well-being of his employees. Today, every organization is treating its workforce as an asset and investing in employee benefit schemes to foster motivation and loyalty. Such initiatives also increase the productivity of employees. Availing of employee benefits insurance such as group health insurance, group personal accident […]
Types Of Group Insurance Policies For Small & Medium Enterprises
Group insurance plans are inexpensive and very beneficial plans for employees. If bought properly with right benefits these plans can cover vulnerabilities of the people who work for an organization. They will feel motivated and fearless from taking additional responsibilities which will ultimately leads to higher productivity and happier workforce. Types of Group Insurance Plans […]
Group Personal Accident Insurance – Why Is It Useful For Your Company?
When an employee has an accident there is an important expectation that the employer will pay compensation. If the accident is on company premises or company work then the law may also require compensation to be paid. A Group personal accident insurance pays a pre-determined amount when an employee has an accident. Insurance is important […]
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 […]
What does Pregnancy Exclusion Clause in a Group Personal Accident Policy?
A group personal accident policy covers the employees of the organization against disability or death while in the service period. Most organizations secure their employees with this policy as employees form a vital part of any business. What does Pregnancy Exclusion Clause in a Group Personal Accident Policy? A group personal accident policy can be […]