Group Personal Accident Insurance

Group Personal Accident covers provide accidental benefits in the event of an accident. A group PA policy is mainly designed to compensate a group of employees working in hazardous environments prone to frequent, injuries, or accidents. The cover extends to situations where the injury occurred at work or not. An employer essentially selects the workers he wants to be covered in a typical policy. The Group personal accident policy usually comes in the name of the employer, followed by a list of his employees included for coverage. Benefits of a group PA cover include accidental injuries, temporary or permanent disability and death caused by accident.

Alternatively, issuance of a group cover may be on an unspecified basis where all employees within a particular job description are covered. The benefits may also be on fixed sums or estimated annual salaries of the employees.

Benefits computed from annual salaries will also pay a weekly cash benefit up to 104 weeks, in the event of an accident leading to temporary disability. The benefit does not exceed a worker’s actual weekly earnings. Most group covers attract massive discounts on the payable premiums.

You can take a group personal accident even as a chama or investment group:

Get a GPA quote for your chama or your employees. click here