Also known as: Group Personal Accident Policy
Cover for accidental death and disability, applying around the clock rather than only at work.
Group Personal Accident provides a lump sum in the event of accidental death or disability. Unlike Workmen’s Compensation, which covers only injury arising from employment, GPA typically operates twenty-four hours a day worldwide — covering employees at home, travelling and on holiday as well as at work. It is often the benefit employees value most once they understand its scope.
Organisations of all sizes, and particularly those with employees who travel, work in the field, or operate in higher-risk environments. Frequently placed alongside Workmen’s Compensation to close the gap between work-related and non-work-related accidents.
Sum insured is commonly set as a multiple of annual salary — two to five times is typical — or as a flat sum per employee. Premium is low relative to the benefit, which makes it one of the most cost-efficient additions to a benefits package.
The difference between a policy that responds and one that disappoints usually sits in details that are easy to overlook at purchase.
Not sure which combination fits your business?
Speak to an AdviserWorkmen’s Compensation covers statutory liability for injury arising from employment. GPA is a benefit paid directly to the employee or nominee, and covers accidents anywhere, not only at work.
No. Personal accident policies respond only to accidental causes. Death from illness falls under Group Term Life.
Most policies operate worldwide, which matters for employees travelling for work or personally. This should be confirmed in the wording.
Loss of use of a body part, compensated as a defined percentage of sum insured according to a scale in the policy.
Yes, commonly as an extension covering treatment costs following an accident, up to a defined limit.
They respond to different events. Health cover handles hospitalisation costs; GPA pays a lump sum for death or lasting disability. Together they close most of the personal risk gap.