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4 EASY STEPS TO BUY A GROUP ACCIDENT GUARD POLICY
Speak to our personal accident insurance expert
Get quotes from multiple insurers
Select a plan and buy. Policy starts instantly.
Why Policynation
Simplifying Employee Personal Accident Insurance
Best Price
Transparent pricing & coverages. No unwanted features. Buy what you pay for.
Personal Assistance
Hand holding of employees during claims. Instant Whatsapp support and Chat support.
Admin Access for Employers
Online Portal to view all group policies. Add/Delete Employees. Claim Status view.
Portal Access for Employees
Online Portal to view Claim Status & Policy Details. File a new claim.
Features
Best group personal accident plans at best price
Sum assured 1 - 10 times of salary
No medical test
Tax benefit for employers & employees
Default coverage for all employers
Customized plans
Age from 18 - 70 years
Annually renewable
Premium atleast 50 % lower than retail personal accident policy
Testimonials

What is a Group Personal Accident Insurance Policy?
Any mishap that leads to death or disablement of an employee can impact the finances of the dependents. Group personal accident insurance is a type of insurance for employees that covers accidental death or disability. Group personal accident insurance offers comprehensive protection to the employee against hefty medical expenses incurred due to disablement in an accident. The policy also covers the death of the insured due to the mishap.
Employees are an organisation’s greatest asset, and it is the fundamental responsibility of an employer to keep its employees protected. Hence, to fulfil this fundamental responsibility, employers secure their employees with accident insurance policy to provide financial security to them and their dependents in case of any unforeseen accidents.
Moreover, offering group personal accident insurance acts as an incentive to the employees and shows them that they are valued in the organisation. Hence, it is important for employers to provide group accident guard policy to their employees.

Benefits of Group Personal Accident Insurance
- Personal accident Insurance covers a group of people belonging to the same company
- The policy acts as an incentive to the employees.
- Accident Insurance policy covers the medical and treatment expenses arising in case of accidental death or treatment of the employee.
- Group personal accident insurance policy provides compensation to the dependents in case an employee dies in an accident.
- Our best accidental insurance plan also offers compensation to the dependents in case of permanent total/partial disability of the insured in an accident

What are the Key Features of Group Personal Accident Insurance?
- Provides accident coverage to multiple people under one policy.
- Premium is either paid entirely or the large sum is paid by the employer.
- The group personal accident insurance policy are renewable on an annual basis.
- Sum Insured based on Salary or Category, as per client requirements The sum insured is paid to the nominee on the death of the covered employee.
- 24X7 cover across the globe, hence the best accidental insurance plan

Benefits of offering group personal accident insurance to your employees
- Cost-effective method to cover a group of people at low premium rates under one policy
- Simple process to delete or add members into the policy.
- Premium paid by the employer is tax deductible under 37 (1) of the IT Act.
- Helps in funding gratuity liability with group personal accident insurance policies
- Group Accident guard policy acts as a strong employee retention strategy

How does our best accidental insurance plan work?
- A group administrator is issued a master policy upon which he pays an initial premium.
- This initial payment covers all the members of the group for a tenure one year.
- An option to choose the sum assured is provided to the members of the group at the start of the policy.
- All the members are covered for a tenure of one year from the date of commencement of the policy.
- The group PA insurance plans are annually renewable.
- The premium is charged based on sum assured opted
- Additions and deletions of members take place on the monthly basis from the date of joining or relieving of the member.
- Any additional premium left after adjusting addition or deletion of members is refunded to the master policy at the end policy term.
F.A.Q
FREQUENTLY ASKED QUESTIONS ABOUT GROUP PERSONAL ACCIDENT INSURANCE POLICY?
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Who is eligible for Group Personal Accident Cover?
Non-employer- employee groups.
Small medium enterprises (SMEs).
Large companies
Microfinance institutions.
Banks and non-banking financial institutions.
Professional groups.
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What is the minimum age for enrolling into a group personal accident insurance plan?
The minimum age for enrolling into a group personal accident insurance plan is 18 years of age.
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What is the maximum age to enroll into a group personal accident insurance plan?
The maximum age to enroll into a group personal accident insurance plan is 70 years.
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What is the tenure of a group personal accident insurance plan?
The tenure of a group personal accident insurance policy for employer-employee policy is 1 year and for loan borrowers it is the tenure of the loan.
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What is the minimum sum insured under the group personal accident insurance scheme?
The minimum sum insured under the group personal accident insurance scheme is Rs.1,000.
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How long will a member be covered in Group Personal Accident Insurance?
The group personal accident insurance that you have taken will last as long as you remain employed with the same employer who covered you under this plan.
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Will My Personal Habits Such As Smoking etc. Influence The Premium Cost Of Group personal accident Insurance?
No, one of the key features of a group personal accident plan is that it follows the whole group and not individuals as only a single contract covers multiple people. It has nothing to do with individual personal habits