Group Personal Accidental Cover

What is Group Personal Accidental Cover?

A Group Personal Accident Cover is an insurance policy designed to provide financial protection to a group of individuals (usually employees of a company or members of an association) in the event of an accidental injury, disability, or death.

Benefits of Group Personal Accident Cover:

Accidental Death: If an insured individual dies due to an accident, the policy provides a lump sum payment to the nominee or beneficiary, helping the family cope with the financial loss.

Accidental Disability: In case of accidental injury resulting in permanent disability (such as loss of a limb, vision, hearing, etc.) the policy offers compensation based on the severity of the disability.

Temporary Disability: For accidents causing temporary disability (e.g., inability to work for a period), the policy may provide a weekly or monthly income for the duration of the disability, ensuring some income stability during recovery.