Group Life & Personal Accident (GLPA) insurance is a type of life insurance. It covers all employees of an organization under single yearly renewable contract. GLPA is usually provided as part of employee benefit package. It provide pre-agreed sum assured in case of death or disability happened to any employee(s).

GLPA provide 24 hour cover and anywhere in the world either natural or accidental.

GLPA insurance policy is very flexible and is designed to cater for the changing needs of the employers. Addition of new employees and removal of staff who are no more in employment can be done during the term of the policy. Under this scheme an employer can provide maximum protection to his employees.

The other optional benefits that can be covered in addition to Death benefit are as follows.

• Death any cause (DAC)
• Accidental Death Benefit (ADB)
• Permanent Total Disability due to accident (PTD Acc)
• Permanent Total Disability due to sickness (PTD Sick)
• Permanent Partial Disability due to accident (PPD Acc)
• Permanent Partial Disability due to Sickness (PPD Sick)
• Temporary Total Disability due to accident (Loss of Salary) – (TTD Acc)
• Temporary Total Disability due to Sickness (Loss of Salary) – (TTD Sick)
• Medical Expenses due to Accident
• Repatriation of mortal remains to home country
• Passive War Risk including conventional Terrorism (PWRT)

Description:

DAC: Death benefits is payable up to the maximum of Sum Insured for death by any cause.

– Accidental Death Benefits: Double indemnity will be paid if the death incurred due to accident.

– Permanent Total Disability due to Accident or Sickness: 100% Sum Insured will be paid if the insured member being totally and permanently disabled as a result of accident or sickness, to the extent of being unable ever again to follow any activity or occupation for which he/she will be reasonable fitted by experience, training or education.

– Permanent Partial Disability due to Accident or Sickness: Up to 100% of Sum Insured will be paid if the insured member suffering as a result of an accident or sickness, the loss by physical separation or total loss of use of any limb or external organ of the body or total and irrecoverable loss of sight.

– Temporary Total Disability due to Accident or Sickness (Loss of Salary): If a member suffering from accident or sickness becomes continuously and totally unable to follow his normal occupation and is not following any other occupation then 100% of weekly salary for 52 consecutive week benefits will be rewarded.

– Repatriation Expenses: The cost of repatriation of mortal remains of a member to his/her country of origin. Repatriation of a member who has suffered Permanent Total Disability covered to his/her country of origin including accompanying person.

– Medical Expenses: Member suffering an injury due to an accident which requires medical treatment in a hospital or specialist clinic all such expenses will be reimbursed

– Passive War Risk and Conventional Terrorism (PWRT): Life of the Insured are covered against Death (DAC), Permanent Total Disability due to Accident and Permanent Partial Disability due to Accident occurring as a direct or indirect consequence of War or Conventional Terrorism.