Platinum provides a group personal accident insurance policy for the safety of your employees & staff, which covers the unfortunate event of an accident resulting in injury or loss of life. A group personal accident policy insurance is coverage offered to a group, usually under a corporate policy program. The coverage benefits the individual covered under the group policy in case of permanent disability, injury, or death during the defined coverage period.
The policy provides worldwide coverage. The coverage and benefit limit can be defined as per member or employee.
Benefits of Group Personal Accident Insurance:
- The worker must be employed for at least one year
- High coverage for Total Permanent Disability
- Benefits for Serious Burns, including Second Degree Burns
- Additional coverage option for medical treatment due to an accident for a maximum of 20% of death due to Accident/Total Permanent Disability coverage
- Coverage which includes traditional treatments
- Standard policy without a name, for a corporate policy with at least five employees
- High coverage for fractures
- Able to protect company employees working offshore/underground (limited only to visits and supervision activities)
Occupations Classification:
Class 1 Risk
Managers, Lawyers, salespeople, clerical workers, or any other occupations with the lowest risk level.
Class 2 Risk
Occupation where risk levels are still minimal but higher than Class 1 risk. Several risks in this class involve very light manual labor (not including the use of machinery). For example, door-to-door salespeople, surveyors, and administration workers having their office in project sites.
Class 3 Risk
Included here are industrial workers, the majority of whom are skilled and semi-skilled workers, and most operate machinery. The occupational hazard in this category creates a greater risk than Class 2 occupations, notwithstanding accident prevention measures in industrial plants or elsewhere. For instance, gas station workers, field farmers using machinery, carpenters (excluding carpenters using woodcraft machines powered with engine), and taxi drivers.
