The Personal Accident Policy provides compensation for insured persons against death or injury arising from accidental, violent, external and visible means.
A capital sum is payable following accidental death of an insured person whilst other compensation computed on the capital sum would be payable as compensation of the permanent disability following dismemberment.
The policy also offers weekly benefit for a specified maximum period as compensation for temporary total disablement in addition to medical expenses necessarily incurred as a result of an accident.
This Policy, unlike the Employers Liability policy,offers a 24 hour cover and has a worldwide extension. The Policy is also available for a group.