Policy snapshot
An accident policy that offers financial compensation in the event of death, disability, or injury of employees due to an accident.
What is Group Personal Accident (GPA)?
GPA insurance ensures financial support to employees and their families in case of unforeseen accidents. It enhances workplace security and employee morale.
What can it cover?
- GPA insurance provides compensation in the event of accidental death, permanent or partial disability, and temporary total disability resulting in loss of income. It also covers accident-related medical expenses and may include benefits like ambulance charges, repatriation of remains, and child education bonus, depending on the plan.
Who should consider it?
- All employers; highly recommended for field staff, logistics, factory workers, and field sales teams
Key features to understand
- {"heading": "Key Features", "bullets": ["24x7 worldwide coverage", "Includes accidental death, permanent/partial disability", "Optional: Child education bonus, Ambulance charges", "Customizable sum insured (flat or salary-linked)"]}
What deserves attention before you buy?
Coverage, exclusions, sub-limits, deductibles, waiting periods, warranties and underwriting can vary between insurers and policy versions. The policy wording and schedule remain the definitive contract. Novo can help you review the relevant terms for your requirement.
Read the wording, not just the brochure
The schedule and policy wording determine the actual contract.
Compare meaningful differences
Look at exclusions, limits, deductibles, conditions and claim requirements—not premium alone.
Think beyond purchase
Servicing and claims-related support can matter as much as placement.