Group Personal Accident policies protect employers against a loss by death or injury to employees. It is either provided as a contractual benefit to staff or the company takes the benefits and it provides a range of payments and assistance in the event that they insured person is accidentally injured or killed.
Benefits
- Single Payment (flat amount, or multiple of salary) for death, loss of limbs/eyes, or permanent total disablement following an accidental event.
- Weekly benefit for temporary, total or partial disablement
- Flexibility to purchase death only cover or to exclude death cover.
Business Travel Cover
Employers often purchase business travel cover for their staff alongside a Group Personal Accident policy.
