Group accident insurance is a type of insurance that is offered to employees (by the employer) to protect them against the medical expenses incurred due to injury or death resulting from an accident at the workplace.

In the present days, the employers globally have realised that their staff is their greatest asset and therefore, are taking every step to keep them sheltered against uncertain circumstances.

At the place of work, especially if it is a manufacturing industry, the workforce is exposed to various perils. To ensure protection of the employees, it is vital that the employers cover the employees under a Group Accident Insurance plan. It is a favourable situation for both the parties. While the employees feel protected, the employers get a good deal on the policy based on the size of the company at the commencement of group insurance policy.