Friday, October 4, 2013

Liberty Videocon Gen brings out Group Personal Accident Policy

Private sector insurer Liberty Videocon General Insurance Company on Monday unveils a comprehensive Group Personal Accident Policy mainly to cater the needs of corporate, associations, institutions and groups as defined by the Insurance Regulatory and Development Authority. 

In a release, Liberty Videocon CEO Sri Roopam Asthana said, “With Group Personal Accident Policy, our aim is to provide comprehensive insurance benefits to our customers. This policy supports the growing focus on employee benefits by corporate and inherently fulfils their commitment towards enhancing employee engagement. It enables corporate or groups to provide a safety net to their stakeholders in case of an emergency."

This is a comprehensive product with affordable premiums, which has features of Death and Disability and host of add features like accidental hospital daily cash, medical expenses, child education support, family transport benefit and life support benefit etc. It also provides the flexibility to extend the insurance benefits to the employees/group members' dependents under a single sum assured with a unique feature of restoration of sum assured.

We will shortly bring more products, which will cater to various other needs of our customers, Sri Asthana said.

Liberty Videocon General Insurance is a joint venture between India's Videocon Industries Limited and Liberty Citystate Holdings Pvt. Ltd., which is a part of US-based Liberty Mutual Insurance Group.


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