Accidents can happen at any time and can have a significant financial impact on your employees and their family. While there is no way to prevent accidents from happening, it is possible to minimize the financial impact by just purchasing group personal accident insurance online.
Group personal accident insurance is a type of insurance that provides coverage to a group of people, typically employees of a company or members of an organization.
In this blog, we will discuss everything you need to know in order to purchase group personal accident insurance online for your employees.
Benefits of buying group personal accident insurance online
Convenience: Reduces tiring process for HRs
92% of HRs feel that buying group personal accident insurance online is a convenient option. HRs are tired of the hectic paperwork that goes while purchasing any insurance.
The buying group personal accident insurance online allows HRs to compare policies, get quotes, and purchase coverage from the comfort of their own home or office.
Time-saving
HRs are always busy trying to ensure that employees in the organization thrive. By just purchasing group personal accident insurance policy online, it saves your time as the entire process is fast and hassle-free.
As an HR, you don't have to make appointments, visit an insurance company's office, or fill out lengthy forms. In just a few clicks, you will be able to purchase group personal accident insurance online.
Wide range of options
When you look for group personal accident insurance online, insurance providers usually offer a wide range of options with various coverage limits, deductibles, and benefits. This allows you to select the policy that best suits your needs.
Easy Comparison
Majority of HRs believe that while buying group personal accident insurance online, it makes their work easier by allowing them to compare policies from different insurance providers. This helps HRs make an informed decision about the policy that best fits their requirements.
Thus, buying group personal accident insurance online is a convenient, cost-effective, and hassle-free option that allows you to get the coverage you need quickly and easily.
Also Read: Top Insurance Brokers in India
Purchasing Group Personal Accident Insurance Online- Tips
With the advent of technology, purchasing group personal accident insurance online has become easier than ever before. Here are a few tips to purchase group personal accident insurance online:
Look around and research well
As an HR leader, it is important that you research and identify the right insurance provider that offers group personal accident insurance that exactly meets your requirements.
Reach out to multiple insurance providers and brokers to cross-check the prices. Check their website for details on the policy, premium, and coverage.
Use online premium calculator
Use the free online premium calculator on the insurance provider's website to calculate the premium based on the size of the group and the risk profile of the members.
Assess your employee’s needs
Before purchasing group personal accident insurance online, assess the needs of your employees.
Determine the number of members who need to be covered, the level of coverage required, and the budget available. Involve your employees in the decision-making process.
Seek professional advice from the top insurance broker
Top insurance brokers can just make the entire process of buying group personal accident insurance completely hassle-free for you. Additionally, they’ll help you get the best policy at the most affordable price.
Also Read: What's a TPA (Third Party Administrator) in Health Insurance?
Group personal accident insurance online from Pazcare
Visit Pazcare website
Go to the Pazcare website and click the group personal accident insurance on the product dropdown. Go through all the offerings on the group personal accident insurance product page and fill up the form in the end. Make sure to fill up all the details and submit the form.
Get in touch with our insurance experts
After submitting the form, our insurance experts will reach out to you within 24 hours. Share your requirements like employee strength, in order for our insurance experts to provide customized policies for you at the best pricing for you.
Take up a product demo
In the meanwhile, At Pazcare, we provide you with a product demo of how to administer your group personal accident insurance plan. We walk you through the Pazcare dashboard.
Getting quotes & onboarding
After we assess your requirements, we get you competitive quotes from multiple insurance providers. Make sure you choose the best offering. Post that, the onboarding process begins in 24 hours.
Final words
In conclusion, group accident insurance provides comprehensive coverage to your employees against accidental death or disability.
With the convenience of purchasing group personal accident insurance online, it is now easier than ever to secure the financial future of a group in case of an unfortunate accident.
Research and compare policies from multiple insurance providers, and purchase the one that best fits your employee's requirements.
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