Group Personal Accident and Sickness insurance covers a group of people bound by a common interest such as an employer, association or industry.

Employers in all types of industries purchase Group Personal Accident & Sickness cover to provide certain protection against a loss by death or injury to its employees.

It is either provided as a contractual benefit to staff, or the company takes the benefits and then provides a range of payments and assistance in the event that the insured person is accidentally injured or killed. Policies extend to cover accidental death and disablement, loss of salary due to accidental injury and/or sickness and other associated benefits for all covered persons.

Policy features usually include:

• Personal Accident, Lump sum payment for accidental death or permanent disabilities
• Broken Bones payment for accidental injury
• Weekly Benefits payment for temporary total disablement
• Scope of Cover available includes 24 hour worldwide cover
• Weekly benefits payable for up to 104 weeks after the accident or sickness

Policy sections include:

• Accidental death
• Permanent disability due to accident
• Broken bones due to accident
• Weekly Benefits payment for temporary total disablement
• Weekly Benefits payment for temporary partial disablement

Workers Compensation Top-up Cover

In many cases, after 13 weeks being off work receiving compensation payments under Workers Compensation, an employee’s income will be reduced which can be an issue for many households.

In the case of a workplace accident, Workers Compensation Top-up can provide cover for the reduction in income so employees still receive their full income payment.