As a business you probably protect your stock and contents but have you ever thought about protecting probably your most valuable asset- your people? A Group Personal Accident policy can protect you and them against injury, disability or death as a result of an accident. The insurance payment can be used to provide a contractual benefit, provide monetary support to the employee, or by the business to cover the costs of finding and hiring a replacement.
As a business you probably protect your stock and contents but have you ever thought about protecting probably your most valuable asset- your people? A Group Personal Accident policy can protect you and them against injury, disability or death as a result of an accident. The insurance payment can be used to provide a contractual benefit, provide monetary support to the employee, or by the business to cover the costs of finding and hiring a replacement.
A Group Personal Accident policy will normally cover
There are a number of cover options and they can include:
A Tax Free Lump Sum– Usually issued in the event of death, disablement or loss of speech/ hearing/ sight following an accident.
Weekly Payments- This extension to cover is normally available if you or your employees are injured or sick or unable to undertake their normal work duties
Cover Options- There is normally an option to cover work accidents during work time only or to extend this to cover accidents on a 24/7 basis.
The bonus of covering employees on this basis is that legal liability does not need to be established for the payment to be made by the insurers.
For more information please and to get a quotation please call Stacey on 01270 758057 or click the below.