employee benefits insurance cover summary

The following provides a very brief description of the typical cover & terms offered.

Personal Accident

Continental Scale of Benefits will apply to the Capital Benefits
The weekly benefit is subject to a 14-day deferment period
The weekly benefit is payable for a maximum of 104 weeks
The weekly benefit payable cannot exceed 60% of the Insured person’s gross weekly income
The Temporary Total Disablement section would pay the benefit if unable to work from the individual’s usual occupation

Medical Expenses

24 hour medical emergency service and Medivac to the nearest place where necessary treatment can safely be received
Repatriation back to the individual’s country of domicile/nationality. Cover normally excludes cover whilst inside the country of domicile/nationality. However, Insurers will extend cover to include this, providing such expenses are incurred within 90 days of the date of the accident or return to their home country for accidental injury only (i.e. excluding illness)
Additional costs involving the replacement of personnel, including return fares to work once recovered at US$5,000. The onus of proof that replacement is necessary lies with the Assured
An excess of usually US$75.00 will apply in respect of each and every claim
Cover will not include medical conditions that existed or have required treatment prior to the inception of the Policy

Group Life