Group personal accident
insurance for your team.

Road accidents are one of the top 10 causes of death in India. Protect your employees with group personal accident insurance from unfortunate accidents and expenses.

Group personal accident insurance for your team.
Table of contents
group accident insurance Pazcare

What is group personal accident insurance?

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.

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Why buy a group personal accident insurance plan?

Did you know that accidents cause around 4.8% of deaths in India?

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Financial stability

Accidents are uncertain. The only way to secure and care for your team in these situations is by providing financial stability with a group personal accident insurance.
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Retention

Providing group personal accident policy to your employees as a benefit is not only great for retaining employees, but it also establishes organizations as responsible leaders in the market.
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Well-being

Offering employee benefits like a group personal accident insurance scheme ensures your employees’ well-being. Ultimately, your team feels belonged and a happy mind is a productive mind.

List of insurers that provide group personal accident insurance in India

S.No.

Insurers

Claim settlement ratio

1
Edelweiss Group
97.01%
2
Tata AIG
58.62%
3
Go digit insurance
67.13%
4
Bajaj Allianz Health Insurance
89.17%
5
HDFC Ergo
94.26%
6
Care health insurance
46.97%
7
Aditya Birla insurance
30.38%
8
New india
79.79%
9
ICICI Lombard
55.56%
10
Oriental insurance
89%

What should your group personal accident insurance cover?

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Accidental death

The sum insured in group personal accident insurance for employees will be paid to the nominee of the deceased.

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Transportation charges

Make sure the policy you choose covers transportation (ambulance) charges.

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Permanent or temporary disablement fund

Ensure there are provisions where disability is covered, both temporary and permanent under group personal accident insurance schemes.

group insurance Pazcare

Why should you buy group personal accident insurance from Pazcare?

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Increase cover easily

If the employees’ designation changes in mid-year, you can change it easily with the help of our dashboard.
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Customer care

Our Pazcare customer support is present 24x7. We help you and your employees at every step of your claim process.
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Compare quotes

Pazcare will provide multiple quotes from different insurance providers to help you choose the best fit for your organization.

Things to know before buying a group personal accident insurance

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Waiting period

There is no waiting period. The policy cover starts from day 1. Don’t let anyone tell you otherwise.
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One point of contact

No waiting on customer support calls. From the day you purchase the GPA policy, you will have a dedicated SPOC to handle your employees and help you out at all times.
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Go beyond insurance!

Now go a level further by adding health and wellness plans like therapy, wellness sessions, unlimited doctor consultations, and many more to your group personal accident policy.
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Easy claim process

Even though the claim process differs from case to case. Pazcare ensures to help you out at every level of claim reimbursement journey.
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HRMS integration

Pazcare dashboard can be easily integrated with your HRMS to automate endorsements.
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Mobile app for employees

Easy access to policy details, inclusion and exclusions using the mobile application.
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Sum assured

Companies can choose to offer different sum assured amounts based on the designation/CTC of the employees.

How to claim your group personal accident insurance?

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.

Claim process

  • Claims should be raised within 30 days.
  • In case of hospitalization and disability, employees can avail cashless or reimbursement treatment in the network hospital.
  • In case of death, the insurer will give the organization/nominee the sum insured.

Common documents required for claim process

  • Claim form from the insurer
  • Disability certificate from doctor
  • Copy of FIR
  • All originals bills and medical documents
  • Identity card and proof of address
  • Details of the Nominee
  • Canceled cheque of employee/nominee
  • Death certificate

Documents required to buy group personal accident insurance policy

  • Employee ID
  • Designation
  • Name
  • Annual CTC details
  • Date of birth
  • Sum assured
  • Gender

Who should buy group personal accident insurance?

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YOU!
HRs

HR leaders

For a 10/10 employee experience and satisfaction
Founders and CXO

Founders/CXO

For staying on top of your employer branding
Finance controllers

Finance controllers

Healthcare benefits that are “value for money”

Frequently asked questions about group personal accident insurance policy

Reasons for claim rejection in GPA

  • Suicide or self injury
  • Accidental injuries by indulging in any criminal acts, war or terrorism
  • Adventure sports
  • Injuries caused during abusing drugs or under alcohol influence

What are the documents required?

  • Employee ID
  • Designation
  • Name
  • Annual CTC details
  • Date Of Birth
  • Sum assured
  • Gender

How to increase the cover of the employee if their designation changes in mid of the year?

Our Pazcare dashboard is equipped to add, delete or update any detail of the employee at any time. HRs can easily edit designation and increase cover using the dashboard. If the dashboard is integrated with the HRMS tool, then a new update will be reflected within seconds and the cover will be increased instantly.

What if HR fails to register the nominee of the employee during their joining?

If for any reason HR fails to register any nominee, the client (Organization of the insured) will be given the reimbursement. Then, the organization will give the reimbursement to the employee or their loved one in cases of death or disability due to an accident. Pazcare helps you at every level of claim reimbursement.

What if an employee loses a limb during the accident, what percentage of sum insured will be provided to them?

Every Insurance provider has set a different percentage. Your Insurance provider will mention the complete details on the policy. In any case, feel free to reach out to Pazcare customer support for any doubt.

Why buy group personal accident insurance for your team?

Prioritise employee health

Make healthcare especially in times of accidents less burdening and expensive

Improve employee retention

Retain your top talent with these wholesome healthcare benefits

Employee-centric

Show how much your employees and their families are a part of your organization

What does your Group Personal Accident Insurance Include?

Accidental insurance
100% sum insured is given in case of accidental deaths
Transportation cost
A percentage of the sum insured can be used to claim transportation expenses
Child education benefits
A percentage of the sum insured can be used on children’s educational expenses
Disablement funds
Upto 100% of the sum insured is given to the employee in case of disablement
Regular income
25% of monthly Gross Salary for up to 100 weeks is given.
Increase cover easily
Limit of liability can be easily increased using our platform when there’s grade/age/salary is revision.
Easy cashless claim
File, track and process claims hassle-free with Pazcare dashboard

Group Personal Accident Insurance from Pazcare

Give your employees’ the insurance plan they want. Pazcare ensures a seamless experience while they exercise their insurance claims.

Admin Dashboard to manage insurance.

Employers can use the Pazcare admin dashboard to add/remove employees, check CD balance and customize their plans. You can also invite your employees to add themselves do the endorsements.

Employee App and dashboard for accessing Insurance

Your employees can easily access their insurance claims and add benefits on top of their group plan through the app or the dashboard.

Claims processed in minutes

Gone are the days when you have to keep nudging your insurance vendors to process your claims. Pazcare escalates and solves your claims before time, everytime.

Over 200 enterprises provide healthcare benefits for employees through Pazcare.

The most loved employee insurance platform in 2021

Is there any minimum requirement to take group insurance?
The minimum requirement can vary for different insurers. Pazcare’s group health insurance is available for a registered company, with a minimum of 2 employees.
Can I add or remove members after the initial setup?
Yes, you can add new employees, add new dependents and remove employees who exit the company.
Do my employees need to get treatment only at network hospitals?
No, your employees can get treatment at any government-approved hospital in India. We always recommend network hospitals for a cashless experience. That said, they can take treatment from non-network hospitals also.