Group Personal Accident Insurance
In today's world, the risk of bodily injury due to accidents has significantly increased. Injuries to the
primary breadwinner resulting in death or disablement can cause severe financial distress to dependents and
family members. Group Personal Accident Insurance offers protection against such unfortunate events,
ensuring financial security for the insured's family.
Coverage Details
- Accidental Death: Provides compensation to the insured member's beneficiaries in case of death due to an accident.
- Permanent Total Disablement: Covers total and permanent loss of ability to work due to an accident.
- Permanent Partial Disablement: Offers compensation for permanent but partial loss of function or limb due to an accident.
- Temporary Total Disablement: Provides benefits for loss of income due to temporary inability to work following an accident.
Key Features
-
Varied Compensation: The policy offers different compensation amounts for death,
permanent disablement, and temporary disablement.
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Income-Based Sum Insured: The sum insured varies based on the income of the
insured person to ensure fair coverage and prevent misuse.
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Comprehensive Protection: This policy ensures that the financial stability of the
insured's family is maintained in case of accidental injury or death.
Group Personal Accident Insurance is a crucial benefit for employees, providing peace of mind and financial
protection in the event of unforeseen accidents. It helps to mitigate the financial impact on families,
ensuring they are supported during challenging times.
