The basic cover under a Group Life policy is accidental / natural death occurring to the insured person anywhere in the world. This can be extended to include Permanent Total Disability and Permanent Partial Disability and Temporary Total Disability following Accidents. The benefit limit per employee can be selected. The Workmen's Compensation insurance while providing benefits against industrial injury and death excludes natural death and cover will be limited to UAE. Therefore, cover can be taken either as an extension or Workmen's compensation insurance or independently as a standalone cover. Various options are available.
The policy can be extended to include Accidental Medical Expenses / Repatriation Cost.
GROUP PERSONAL ACCIDENT INSURANCEThis insurance is best suited to companies, firms, association of persons for covering all their employees and members under one policy. Group Personal Accident insurance covers loss resulting bodily injuries/death caused by accident on or off duty and anywhere in the world.
Accidental Death: Compensation is 100% capital sum insured
Permanent Total Disability: Compensation is 100% capital sum insured
Permanent Partial Disability: Compensation is as per continental scale
Temporary Total Disability:Compensation (loss of salary during disability period) is calculated on the basis of salary with a maximum of 52 weeks.
Medical Expenses:Compensation up to AED 10,000 per injury (higher limits can be considered at extra premium).
Repatriation Expenses: Compensation for transportation or burial up to AED 10,000 per person (higher limits can be considered at extra premium).
Tailor-made policies can be designed suited to the requirements of the group. Premium is based on sum insured elected, age, and nature of work, salary levels and the optional benefits elected.