Coverage
This is the most basic layer in the employee benefit tower. It mostly covers for the accidents related to work.
Main coverage:
- Death/total permanent disablement due to accident
- Partial Permanent Disablement: Pay as per scale of compensation
- Temporary disablement/ Loss of wage: Pay full daily salary for the period out of work due to temporary disablement according to doctor’s instruction
- Medical Expenses: Pay actual, reasonable medical expenses based on the eligible receipts, including emergency transportation
Some policies may have additional benefits like education fund, taxi transportation in emergency cases…