Group Personal Accident

  • Buy Group Personal Accident insurance in India

With  increased  use  of  machinery  and  other  equipment’s  at  workplaces and  high  traffic  on  roads with rash driving, use of mobile while on road, chances of accidents have increased. Though there are safety measures taken by the organizations to avoid any fatal accidents, these measures do not guarantee no accidents at workplace. Accidents may result into death or partial or total disablement of employees. As  a  sensitive  organization,  employers  do  provide  monetary  compensation  to  the  effected employee and their families. As per provisions of Workmen Compensation Act organizations are liable to provide compensation for partial or total disablement or death. Therefore the group accident insurance program provided to the employees is a key element of this protection. Insurance Manager’s Group Personal Accident Insurance (GPA) or Group Accidental Insurance provides protection to your employees and their families in the event of death or disability due to an accident while on the job

Key Benefits

  • Accidental Death & Disability Cover
  • Permanent Partial Disability
  • Temporary Total Disablement due to Accident
  • Weekly Compensation Cover
  • Accidental Medical Expenses Reimbursement
  • Terrorism cover included
  • Named Policy (Staff)

Scope of cover

Death

The Company will pay the Sum Assured in the event of Accidental Bodily Injury causing the member’s death as a consequence of the same.

 Permanent Total Disability (PTD)

In the event of Accidental Bodily Injury causing the member’s Permanent Total Disability within 12 months of the Accidental Bodily Injury being sustained, the Company will pay 125% of the Sum Assured.

 Permanent Partial Disability (PPD)

In the event of Accidental Bodily Injury causing the member’s Permanent Partial Disability as mentioned in the PPD Table within 12 months of the Accidental Bodily Injury being sustained, the Company will pay the percentage of the Sum Assured specified for each and every form of impairment.

 Temporary Total Disability

In the event of a temporary total disability arising as a consequence of an accident, the member would get a Loss of Pay compensation of 1% of the Sum Insured subject to a maximum of INR 5000 per week for a maximum of 100 weeks.

Major Exclusions

  • Self injury, suicide, venereal disease or insanity
  • Influence of intoxicating liquor or drugs
  • Death due to pregnancy or childbirth
  • Breach of law with criminal intent
  • War and nuclear group of perils
  • On duty with armed forces

We work on your behalf to get you the best rates. Fill the from below to here from us
*Mandatory field

Our Recent Blogs

  • Advantage of InsuranceManager.com

Our Partners

6
5
3
2
7
4
2
3
9
10
11
14
8
12
1
15
16
13
Facebook IconYouTube IconTwitter IconVisit Our Linkedin Page