Group Personal Accident
This policy provides cover for Death, Permanent Total disablement, Temporary Total Disablement resulting from violent, accidental, external and visible means and Medical Expenses for the employees of the insured.The need for Accident cover for your staff has been tragically emphasized by certain serious injuries which have occurred in the recent times, some of which have resulted to permanent disablement, and in most cases, gave no entitlement to compensation.
This insurance will therefore produce a guaranteed scale of benefits for specific disabilities, irrespective of any legal liability and payable without prejudice to any other remedy (Gratuity, Life Assurance benefit or Pension benefit).The cover is always on 24 hour basis, irrespective of whether the employee is on duty or not, the premium rate will depend on the categories of staff and the selected benefits, a good discount will be granted, depending on the number of staffs involved.
Requirements for premium quotation are:
- List of staff
- Designation of staff
- Selected amount of benefit for each category of staff.