Personal Accident Insurance provides financial compensation in the event of death or bodily injury to the insured, arising directly and solely from an accident caused by external, visible, and violent means. This policy offers 24-hour worldwide coverage.
Coverage options range from a basic plan covering accidental death only, to comprehensive plans that include accidental death, permanent disablement, and temporary total disablement.
Key Features:
- Worldwide 24/7 Coverage
- Ensures the insured is protected at all times, anywhere in the world.
- Flexible Coverage Options
- Tailored plans to meet individual or organizational needs—from basic to comprehensive protection.
- Family Package Option
Individuals can opt for a Family Package that covers the proposer, spouse, and dependent children under a single policy, with a 10% premium discount.
Group Personal Accident Policies
Specially designed for organizations, these policies provide coverage to groups of employees, with premium discounts based on the group size.
The Challenge: Attracting and Retaining Top Talent
Building a talented workforce is no small feat, but retaining high-performing employees and keeping them engaged is an even greater challenge. Losing a valuable team member can be a significant setback—especially when, in hindsight, their concerns could have been proactively addressed.
Beyond salary, today’s employees value a holistic benefits package that supports their well-being. These include:
- Adequate paid time off
- Flexible work-life balance
- Comprehensive health and accident insurance
Without these, organizations risk diminished morale and higher attrition rates.
The Solution: Foster a Culture of Care
Modern workplaces must evolve with employee expectations. Today’s professionals seek organizations that prioritize care, inclusivity, and innovation. Implementing policies that demonstrate genuine concern for employee well-being can significantly enhance morale and productivity.
Introducing Group Personal Accident Insurance is a powerful first step. It signals to your workforce that their safety and security are priorities. The benefits include:
- Improved employee satisfaction and loyalty
- Reduced absenteeism due to better preparedness for emergencies
- Increased productivity and engagement
- Enhanced employer brand and recruitment appeal