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Goodwill Valuation (Retirement)

policy compen...

Question

_____ policy compensates the insured groups members in case they meet with an accident during their employment.

Group Personal Accident Insurance Cover

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Group Health Cover

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Group Term Life Cover

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Workers Compensation Insurance

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Solution

The correct option is B Group Personal Accident Insurance Cover
Group Personal Accident Insurance Cover policy compensates the insured groups members in case they meet with an accident during their employment. This policy provides full coverage in the event of death or disablement of the policy holder. Group Personal Accident Insurance Cover policy also provides discount on the number of members.

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