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Group Personal Accident
and Travel
What is Group Personal Accident and Travel Insurance?
Group Personal Accident and Travel Insurance provides financial protection and support for businesses when employees suffer from accidents or injuries during work or business travel.
What are the coverage areas?
It can include cover for medical expenses, lost wages and other costs resulting from accidents, as well as protection during business trips both domestically and internationally. This insurance is designed to safeguard both the employer and employee, offering peace of mind when travelling or working under potentially risky conditions.
- Provides a lump sum payment or weekly benefits to an employee (or their family) if they suffer a serious injury, disability, or death due to an accident, whether at work or outside of working hours.
- Includes cover for permanent disabilities (such as loss of sight or limbs), temporary total disablement (where the employee is unable to work for a period of time), and accidental death.
- Can be tailored to cover injuries resulting from a variety of activities, including commuting, working on-site, or participating in company-organised events.
- Covers employees travelling for business purposes, whether within the UK or internationally. It typically includes medical expenses, repatriation costs, lost baggage, travel delays, and cancellation cover.
- Also provides cover for emergency assistance, including medical evacuation in case of a serious injury or illness while abroad.
- Can extend to cover personal travel if employees combine business trips with holidays (known as “leisure travel” cover).
Insurance With A Purpose
Key features:
Accidental Death and Disability Benefits: In the event of an employee’s accidental death or permanent disability, the insurance provides a lump sum payment to the employee or their family. The amount can vary based on the policy terms and the severity of the injury or accident.
Medical Expenses and Repatriation: If an employee is injured or falls ill while travelling for work, the policy covers medical treatment costs, hospital stays, and repatriation to the UK if needed. This can be critical for avoiding high medical bills abroad.
Travel Inconvenience Cover: Covers additional expenses arising from travel-related disruptions such as lost or delayed baggage, flight cancellations, or missed connections. It may also include compensation for time spent dealing with the disruption.
Income Replacement: In cases of temporary disablement where the employee cannot work due to an accident, the policy may provide weekly payments to replace lost wages during recovery.
Cover for Dependent Family Members: Many policies allow for extended cover for an employee’s accompanying family members if they are travelling for business or combining work with personal travel.
Benefits:
Financial Support for Employees and Families: The policy ensures that employees and their families are financially supported in case of serious accidents or injuries, reducing the burden during recovery or in the event of a tragedy.
Employee Wellbeing and Retention: Offering Group Personal Accident and Travel Insurance demonstrates a commitment to employee welfare, which can improve job satisfaction and help attract and retain top talent.
Business Continuity Protection: In the event of an employee being injured or incapacitated, this insurance minimises disruption to the business by ensuring employees are financially supported and able to recover without significant loss of income.
24/7 Emergency Assistance: Policies often come with access to global emergency helplines, providing immediate assistance with medical emergencies, travel disruptions, or repatriation when employees are abroad.
Key Considerations:
Policy Limits: Different policies will have limits on the amounts paid out for injuries, death, or disruptions. Employers should ensure the coverage levels are sufficient to meet the needs of the business and its employees, particularly for key personnel or employees travelling frequently.
Global Coverage: Ensure that the policy provides worldwide coverage if employees are travelling internationally. Check for exclusions regarding certain high-risk countries or activities (e.g., war zones, hazardous sports).
Pre-Existing Conditions: Some policies may exclude cover for pre-existing medical conditions or require a medical assessment for employees. Ensure employees are aware of any such exclusions before travelling.
Temporary vs. Permanent Disablement: It’s important to distinguish between temporary disablement (where the employee is unable to work for a short period) and permanent disablement (where they are unable to return to work permanently). Different benefits or payout structures may apply for each type.
Customisation: Many Group Personal Accident and Travel policies can be tailored to include additional benefits, such as coverage for leisure travel or higher payouts for senior staff members.
Choosing a Group Personal Accident and Travel Insurance Provider:
Comprehensive Travel Assistance Services: Choose an insurer that offers a robust emergency assistance service, with 24/7 support for medical, legal, and logistical problems during travel.
Claims Process: Look for a provider with a clear and efficient claims process, especially for travel-related incidents where quick action is often needed. An insurer with a strong international network can help ensure timely medical care or evacuation.
Flexible Coverage Options: Select an insurance provider that allows for flexibility in coverage—whether for senior staff, high-risk roles, or frequent travellers—to ensure the policy meets the unique needs of your business.
Premiums and Coverage Balance: Consider balancing comprehensive coverage with premium costs to ensure affordability without compromising on essential protection for your employees.
Speak to our Group Personal Accident and Travel
Expert Advisor
We understand the importance of having easy and accessible ways to get in touch with us. That’s why we’re excited to offer you a way to connect directly with our Senior Team quickly and conveniently.
Nicola Wyatt
Senior Insurance Practitioner
