Group Personal Accident
In today’s world, the probability of bodily injury due to the accident has increased manifold. Bodily injuring the bread earner resulting in death or disablement may create havoc to the dependents and family members. To protect the dependents and the family members from such a position, protection under Group Personal Accident Policy is available.
Coverage
- The Insurance pays compensation in case of death or bodily injury to the group's insured member, mainly due to an accident.
- There are various options available under this policy, varying from cover for death due to accident, permanent partial disablement, temporary total disablement, etc.
- The compensation varies for death, permanent disablement and temporary disablement. Though it is difficult to put a value on human life, to avoid any misuse of the policy, the sum Insured varies on the income of the person/ member of the group.
