Group Personal Accident and Sickness Insurance
Without employees, there is no company! As a company’s greatest asset, it is imperative employees, their families and your organisation is protected in the event of injury or even death. Our coverage protects your people from unexpected events and our tailored policies gives you maximum reassurance with minimal fuss.
Why you should consider it
All companies that employ staff should consider Group Personal Accident and Sickness Insurance. It can cover employees 24 hours a day, seven days a week – even when they are not on the clock. It can also provide additional coverage to act as a top-up for workers compensation policies and for many organisations, is compulsory in enterprise bargaining agreements.
What does it cover?
Coverage can include:
- Weekly loss of income benefits due to injury or sickness
- Accidental death
- Permanent disability lump sum payments
- Funeral expenses
- Rehabilitation and Return to work assistance
- Fractured bones benefits
- Tuition or Advice benefits
What isn’t covered?
As with any insurance there are limits and exclusions that apply. Common exclusions include Intentional Self-Inflicted Injury, or by Member of your Family, or a Person acting with your consent, Suicide or Attempted Suicide, Pre-existing medical conditions, HIV Aids, Professional Sports, Hazardous Activities, Military services etc.
There may also be a deductible, excess or limits on this type of cover so check with your Wereck insurance broker.
Please talk to us about what may or may not be appropriate for your coverage.
As Insurance is a complex subject, please talk to us now for professional advice and to make sure your level of coverage is appropriate, adequate, and sufficient to your requirements.
The List of Risks or the range of insurances available is not exhaustive, if there are any particular risks that are possibly unique to your type of business and/or for any specific or special requirements, please seek our assistance and guidance.