LIABILITY INSURANCE

Group Personal Accident

Group Personal Accident Insurance is an umbrella policy that covers any specific group of people insured against any bodily injury solely & directly from accident caused by external violent and visible means then Insurance Company shall pay to insured or his legal personal representatives as the case may be the sum or sums insured. Aside from physical injuries, uncertainty and depression may prevent you from going to work, leading to loss of income.

Benefits covered:

Accidental Death

Loss of limbs and eyes and

Permanent partial / total disablement

Temporary partial / total disablement. (at 1% of CSI upto 100 weeks

The policy can be extended to include medical expenses to the extent of 40% of the valid claim amount by paying additional premium.

Group policies may be sought by any employer for employees or as a family package.Additionally self-inflicted damage such as drug / alcohol rehabilitation would also not be covered. Coverage is provided according to risk classification. This is generally attained by examining your professional work environment and lifestyle. Accountants, teachers and doctors would be in a different category from those involved in manual labour and vehicle drivers. Naturally, voluntary participation in physically endangering activities, such as adventure sports / extreme motorsports would result in different risk classifications.

Group Health Insurance

Group Mediclaim Policy:
Any Group/Association/Institution/Corporate body of more than 50 persons can take a group Mediclaim policy. In essence a group health insurance policy is an insurance cover applied for by the employer, with the Insurance Company. The employer would usually bear the entire premium or only a part of it.

Coverage:

Hospitalization expenses incurred within the country, due to illness/disease &/or due to accident during the Policy period.

Room, Boarding expenses as provided by the Hospitalization/Nursing Home, and Nursing Expenses. Surgeon, Anesthetist, Medical Practitioner, Consultants, Specialist Fees Anesthesia, Blood, Oxygen, Operation Theater Charges, Surgical Appliances, Medicines and Drugs, Diagnostic Materials and x-ray, Dialysis, Chemotherapy, Radiotherapy, Cost of Pacemaker, Artificial Limbs and Cost of Organs and similar expenses.