Group Personal Accident
Provide security with our Group Personal Accident Insurance, covering unexpected situations and ensuring stability.
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What Is Group Personal Accident Insurance?
Group Personal Accident Insurance is a Group Insurance Policy covering accidents primarily
for employees under corporate group insurance. It is available to both employees and the
company's board of directors or owner.
Road accidents, and even work-related accidents, are among the leading causes of injury and
death worldwide. And to protectemployees from unfortunate accidents and expenses,companies
and organizations provideGroup Personal Accident Insurance.
This insurance provides comprehensive financial protection against large expenses incurred
as a result of the insured's disability. Conditions of disablement or death are among the
terms.
Why Buy A Group Personal Accidental Insurance Policy?
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Employee Protection
Provides financial coverage for accidents, ensuring employees are supported in unexpected situations.
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Financial Relief
Helps cover medical and related expenses that aren’t fully covered by regular health insurance.
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Enhances Benefits Package
Makes your company more attractive to potential and current employees by enriching the benefits package.
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Boosts Morale
Increases employee morale by showing that the company cares about their safety and well-being.
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Cost-Effective
Offers significant value at a relatively low cost, enhancing both employee welfare and company finances.
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Demonstrates Responsibility
Reflects the company’s commitment to employee welfare, enhancing the corporate image and fostering a positive work environment.
What Does Group Personal Accident Insurance Cover?
Untimely Accidental Death
A family member of the insured receives compensation if he or she died as a result of an injury.
Permanent Total Disability
In the event of an employee's accident, if the result is a permanent disability that lasts more than 12 months, compensation is paid to the person insured based on the SI (Sum Insured).
Permanent Partial Disability
If the insured becomes partially disabled, the insurer will pay 2% to 60% of the total SI, depending on the terms of the policy. It is applicable if the disability lasts more than a year.
Weekly Benefits
If the insured is totally disabled, he or she will receive weekly benefits. It is provided for a limited time to compensate for salary loss due to the inability to work.
Charges For Mortal Remains
A group personal accident insurance policy will reimburse all expenses incurred during the transportation of the insured person's mortal remains to the ground or home.
Broken Bones
If the insured's bones are broken or damaged as a result of an accident or injury, the policy will compensate him/her.
Medical Reimbursements
All hospitalization and medical expenses incurred as a result of the injury are reimbursed.
Education Benefits
The ultimate benefit of a group health insurance plan for you as an employee is that your healthcare benefits are covered in times of emergency.
Lifestyle Changes
Policyholders can add family members to their health insurance plans to receive financial assistance with medical expenses. Insurance dependents are family members who have been added to the insurance policy.
Things To Know Before Buying A Group Personal Accident Insurance
- The Policy fulfils any organization's basic responsibility of protecting its employees from unforeseen events. The employer/owner of the company creates this group or community.
- The Policy covers a group of people who work for the same company or community that has purchased the policy.
- The Policy serves as an incentive for employees.
- The Policy improves an organization's reputation by assuring employees that the company is concerned about their safety.
- Group Personal Accident Insurance Policyensures that the employee's claim is settled quickly.
- The Policy also provides hassle-free documentation.
- Group Personal Accident Insurance Policy covers hospitalization and treatment expenses incurred in the event of the insured's accidental death or treatment.
- The Policy compensates dependents in the event that the insured is killed in an accident.
- The Policy also provides compensation to dependents in the event of the insured's permanent total/partial disability as a result of an accident.
Why one should buy GPA Insurance from Us.
Comprehensive Coverage
WellConnect offers extensive coverage options that protect employees against a wide range of accidents, ensuring peace of mind for both the employer and the employees.
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Customizable Plans
Tailor your group personal accident insurance to meet the specific needs of your workforce, ensuring optimal protection and cost efficiency.
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Affordable Premiums
With competitive pricing, WellConnect provides affordable solutions that make it easier for companies to secure valuable protection for their employees without a significant financial burden.
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Seamless Claims Process
With competitive pricing, WellConnect provides affordable WellConnect is known for its straightforward and efficient claims process, minimizing hassle and ensuring quick disbursal of benefits.
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Supports Employee Retention
By offering such a protective measure, WellConnect helps companies enhance their reputation as caring employers, which is crucial for attracting and retaining top talent
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Expert Support
WellConnect provides access to industry experts who can advise on the best practices and policies, ensuring that your coverage meets all legal requirements and industry standards.
Additional Benefits
Beyond standard coverage, WellConnect may offer additional perks such as support services or wellness programs, adding further value to the insurance package
Documents Required To Buy Group Personal Accident Insurance
The following documents would be required to be submitted to buy a Group Personal Accident Insurance Plan:
For Fresh Policy
- Employee Identification, Designation, and Annual CTC
- Form for Group Health Insurance Proposal, completed and signed by the proposer
- Identity verification for insured members
- Proof of the insured members' ages
- Address verification for the proposer and insured members
- Medical examination report if the insurance company requires pre-entry medical checks due to the age and/or sum insured chosen.
For Renewals
- Details of the Add-Ons and Sum Insured
- Active Data Proof of Name, Age, Gender
- Claim Analysis Report
- Policy Copy