Group vs Individual Personal Accident Insurance – What Sets Them Apart

Rajdeepsharma11 Aug, 2025Health

More and more employers now understand the value of offering financial security to their employees and their families. In India, companies often provide two main types of insurance coverage: group term life insurance and group personal accident insurance. Although both offer financial benefits in case an employee passes away, they differ significantly in their functioning, scope of coverage, and the reasons an employer may opt for one, the other, or a combination of both.