Comprehensive Employee Group Personal Accident Cover
The Group Personal Accident policy is designed to provide wide ranging cover to suite different needs for employees involved in accidents that are not work-related which would be rejected under COID such as:
- Travel between home and work
- Accidents outside the workplace
- Recreational sports injuries
Our cover options
GPA Classic:
Cover option amounts to choose from:
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R50 000
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R100 000
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R150 000
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R250 000
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R500 000
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Benefits payable:
Funeral expenses
R20 000 paid to the nominated beneficiary in the event of the employees’ death
Income Protection
Up to R25 000 paid up to 24 months
Permanent disablement
Pays up to 100% of the chosen cover amount, according to the AMA Table of benefits
Death and Total Permanent disablement
Lump sum pay-out up to 100% of the chosen cover amount. The permanent disablement benefit is an accelerator of the death benefit. This means that any claims paid will reduce the death benefit pay-out.
GPA Comprehensive:
Benefits payable:
Funeral Expenses
R20 000 paid to the family in the event of the employees’ death
Permanent Disablement
There are two ways in which the employee is compensated for permanent disablement:
- Lump sum payment – for disablement assessed between 1 – 30%
- Monthly pension – for disablement assessed to be greater than 30%. Monthly pension paid out is a portion of the employee’s earnings at the time of the accident
Death Benefits
If the employee dies as a result of their injury, a portion of the deceased employee’s earnings at the time of the accident will be paid out as a:
- Monthly pension to the spouse;
- Monthly pension to the children: Payable until the age of 18 years