Accident Insurance

An accidental or Personal injuries can adversely affect your earning capacity, daily expenses, well-being and lifestyles of your family in many ways. Personal Accident Insurance gives you 24-hour cover, which means you are not limited by the activity you are partaking in at the time of the accident. So you will receive cover regardless of whether you are at work or not when the accident happens

Scope of Cover;

• Death
• Permanent Disability
• Temporary Total Disability
• Medical Expenses

Either group members or business employees can be covered under the group personal accident. Unlike the workmen’s compensative, the group personal accident gives you 24-hour cover and it is not location specific. This policy provides compensation for employees/ members in event of an accident. It gives victims the financial support and security they deserve based on the capital sum assured. If victim passes away accidentally, the next of kin will also be well supported based on the capital sum assured.

It is an accident cover ideal for management and senior employees because benefits are not limited to only work related accidents or an annual income.

The policyholder who has sustained bodily injury caused by violent accidental external and visible means resulting in:

• Death
• Permanent Disability
• Temporary Total Disability
• Medical Expenses

One can also choose to add on the following extensions to a policy:

• Exposure – to elements, starvation and/or thirst
• Disappearance
• Burns Disfigurement
• Life support system (not less than 3 consecutive days)

In line with the Workmen’s Compensation Act 1987 PNDC 187, the Workers Compensation insurance covers you for any amounts you’re liable to pay employees who sustain injury by accident or disease as a result of their employment with you. Cover is for working hours only.

The compensations for this policy is linked to the higher executive officers salary in the civil service and a doctor’s percentage degree of incapacitation awarded.

The policy can be extended to cover common law liability, especially in event of dissatisfied employee concerning the limitations of the higher executive officers salary awarded and might proceeds to court on that bases.

Compensations:

• Death is usually 5 years annual salary
• Permanent Total Incapacitation is usually 8 years annual salary
• Partial Permanent Disability is a percentage of incapacitation awarded by a medical officer being applied to the 8 years annual salary
• Reimbursement of proven medical expenses of work related injury

In line with the Workmen’s Compensation Act 1987 PNDC 187, the Workers Compensation insurance covers you for any amounts you’re liable to pay employees who sustain injury by accident or disease as a result of their employment with you. Cover is for working hours only.

The compensations for this policy is linked to the higher executive officers salary in the civil service and a doctor’s percentage degree of incapacitation awarded.

The policy can be extended to cover common law liability, especially in event of dissatisfied employee concerning the limitations of the higher executive officers salary awarded and might proceeds to court on that bases.

Compensations:

• Death is usually 5 years annual salary
• Permanent Total Incapacitation is usually 8 years annual salary
• Partial Permanent Disability is a percentage of incapacitation awarded by a medical officer being applied to the 8 years annual salary
• Reimbursement of proven medical expenses of work related injury