Group Personal Accident Insurance covers an organisation's entire workforce against death, disability, or injury caused by accidents — a critical benefit for teams with field staff, labourers, or frequent travellers. CoreLink Finance helps businesses set up the right group accident cover for their workforce.
Covers employees in higher-risk roles — site staff, field sales, delivery, and labour teams.
Employees are covered under one master policy, without individual medical checks.
Often required under labour contracts, tenders, or statutory workmen compensation obligations.
Group Personal Accident Insurance is a single master policy that covers an employer's entire workforce — or a defined group such as site staff or field teams — against accidental death, permanent disability, or temporary disability. If a covered employee is injured or dies in an accident, the insurer pays the sum assured as per the policy terms.
This cover is especially important for organisations with employees in higher-risk roles — construction sites, factories, logistics, field sales, or any work involving travel or physical activity — where the chance of an accidental injury is meaningfully higher than a typical desk job.
Many contracts, tenders, and statutory obligations (such as workmen's compensation requirements) require employers to carry adequate accident cover for their workforce, making Group Personal Accident both a protective and a compliance-related benefit.
One policy covers the entire eligible workforce, simplifying administration for HR.
The sum assured is paid to the nominee if an employee dies due to a covered accident.
Lump sum or proportionate payouts for permanent total or partial disability from an accident.
A weekly benefit can be included for employees temporarily unable to work due to an accident.
Set different sum assured levels for different designations or risk categories.
Pooled risk across the group typically means significantly lower premiums than individual plans.
Helps meet contractual or statutory accident cover requirements for your workforce.
New joiners are added and exits removed through simple endorsements to the master policy.
| Sum Assured | Office Staff | Field / Sales Staff | Site / Labour Workforce |
|---|---|---|---|
| 5 Lakhs | ₹120 – 180 | ₹220 – 320 | ₹380 – 550 |
| 10 Lakhs | ₹230 – 340 | ₹420 – 600 | ₹720 – 1,050 |
| 25 Lakhs | ₹540 – 780 | ₹980 – 1,400 | ₹1,700 – 2,450 |
*Indicative figures per employee per annum, for a sample profile. Actual premiums depend on group size, occupation risk category, claims history, and insurer. GST applicable as per prevailing rates.
At CoreLink Finance, we don't just help you buy a policy — we actively support you through the claim process by coordinating with the insurer, guiding documentation, and following up for a smooth experience.
We help you choose the right insurer and policy based on claim settlement ratio, reliability, and your profile.
Before policy issuance, we ensure all your personal, financial, and medical details are accurate and properly declared.
We guide you in filling out proposal forms correctly, so no hidden or incorrect information gets submitted.
In case of a claim, you get a personal claim expert who handles the process — from documentation to settlement.
We actively coordinate and follow up with insurers to ensure quick and smooth claim processing.
Our team checks all documents before submission to avoid technical errors that often lead to delays or rejection.
HR and site management teams can follow these steps to ensure claims are settled without friction.
Keep the insurer's records of covered employees and their designation or risk category current.
Notify the insurer as soon as possible after a workplace or field accident occurs.
Maintain site incident registers and police reports where applicable, to support claims.
Ensure every covered employee, including contract or site labour, has filed valid nominee details.
Declare employee occupation categories correctly at policy inception to avoid claim disputes.
Designate an HR or site safety representative to coordinate paperwork with the insurer.
Group Personal Accident is essential for organisations with field or physical-risk roles. Consider this if you are:
A construction, manufacturing, or infrastructure company with site workers
Running logistics, delivery, or field sales operations
Required to carry accident cover under a client contract or tender
Wanting to meet workmen's compensation or statutory obligations
An employer wanting to extend accident cover beyond office staff
Looking for cost-effective accident protection across a large workforce
Talk to CoreLink Finance for honest, no-obligation guidance on setting up Group Personal Accident cover for your organisation.
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