Group MultiGuard Personal Accident Policy
A small step that goes a long way in building employee loyalty. Life is very unpredictable. You would want to make sure that your organization’s most valuable assets, your employees, are protected against such vagaries of life. Tata AIG General Insurance Company Limited Group MultiGuard Personal Accident Policy helps you do just that. It will cover your employees at a low and affordable price and be of great help in instances of hospitalization, disability and even unfortunate death resulting from accidents. What’s important, it involves no major costs for your organization, but goes a long way in cementing their belief in you.
• 24 hour, 365 days a year worldwide Accidental Death and Dismemberment coverage
• Double cover in case of Accidental death or dismemberment by common carrier, like bus, train etc
• Triple cover in case of Accidental death or dismemberment occurring by National disaster (Flood, Landslide and volcanic eruption)
• Daily Cash benefit in case of hospitalization due to an accident.
• Flexibility - 4 levels of coverage
The GPA Policy covers:
- Accidental Death and Dismemberment Benefit upto Rs. 500,000/-
- Accidental Death & Dismemberment – Common Carrier – upto Rs. 1000000/-
- Accidental Death & Dismemberment - Natural Disaster – upto Rs. 1500000/-
- Accident Medical Expenses upto Rs. 5000/-
- Permanent Total Loss of Use including Permanent Total Disability upto Rs. 500000/-
- Accident Hospital Cash per day upto Rs. 1000/- (Max upto 30 days)
- Repatriation of Remains upto Rs. 5000/-
The main exclusions include suicide, military service or operations, war, terrorism, illegal act, bacterial infections, disease, AIDS, dangerous sports etc.