Group Personal Accident

Should an unfortunate accident happen to your employee, that individual’s daily routine could be severely disrupted, possibly for life in a more serious case. Medical expenses could also pile up, adding to the financial burden of your employee.

Group Personal Accident Insurance provides employees with 24-hour worldwide coverage for death or disability up to the age of 70, without any medical examination requirements at the point of application. In cases of emergency, the lump sum benefit payout gives them a much-needed cash resource to ease any financial burden.

Key Benefits

• Lump sum payout in the event of accidental death
  
  
• Payout of up to 150% of sum assured if your employee suffers from Total and Permanent Disability (TPD) and/or third degree burns as listed in the "Table of Compensation"

Main Add Ons

• Accidental death benefit due to natural catastrophe, like typhoon, hurricane, earthquake and/or tsunami
• Additional 5% of sum assured for death or TPD upon each policy renewal
• Lump sum payout for funeral expenses following accidental death
• Reimbursement of expenses incurred for purchase of mobility aids
• Lump sum payout for fractures

Occupational Class Table

Premium rates differ according to the different occupational class of your employees.

Class 1 Clerical, administrative or other similar non-hazardous occupations such as accountant, lawyer, banker, doctor, teacher, nurse, secretary, etc.

Class 2 Occupations where some degree of risk is involved, such as supervision of manual workers, totally administrative job in an industrial environment, professions of an outdoor nature, work involving overseas travel or work involving the occasional use of tools or machinery, such as foreman, grocer, hairdresser, salesman, tailor, surveyor, tourist guide, etc.

Class 3 Occupations involving regular light to medium manual work with no substantial hazard which may increase the risk of sickness or accident. Examples are professions involving the use of tools or machinery, such as a carpenter, builder, painter, driver, technician, hawker, unarmed security guard, etc.

Class 4 High-risk occupations involving heavy manual work including hot works. Examples are full-time national serviceman, fireman, policeman, armed security guard and woodworking machinist, etc.

Main Exclusions

There are certain conditions whereby the benefits under this plan will not be payable. These are stated as exclusions in the policy contract. You are advised to refer to the policy contract for the full list of exclusions.

• Suicide or self-inflicted injuries, while sane or insane
• Insurrection, war declared or undeclared
• Strike, riot or civil commotion
• Committing an assault or felony
• Racing on wheels or boats

Disclaimer:

This information provided in this website is for general information only and is not a contract of insurance.

You should seek advice from a qualified adviser if in doubt. Buying health insurance products that are not suitable for you may impact your ability to finance your future healthcare needs.