Group personal accidental insurance policy like any group policy is given by a company to its employees. A group personal accident insurance generally covers hospitalization and permanent/temporary disablement expenses after an accident. In case of death, the complete sum insured is given to the nominee of the employee.
Unlike group health insurance, a group personal accident insurance plan doesn’t have to be a blanket cover. The sum insured can be different for employees at different grades/levels.
The sum insured in group personal accident insurance for employees will be paid to the nominee of the deceased.
Make sure the policy you choose covers transportation (ambulance) charges.
Ensure there are provisions where disability is covered, both temporary and permanent under group personal accident insurance schemes.
Claim process can be taxing for employees and HRs. When any claim request is triggered, we take charge and help your employees every step of the way. The claim process and documents required are different for different cases. However, we have listed the general claim process for group personal accident insurance.