Zurich Canada launches Group Accident Insurance Coverage

Zurich Canada is now offering customers Group Accident Insurance. Policyholders can choose what they need from Zurich’s Group Accident policy, including:

• Basic & Voluntary Accident – for employer groups
• Business Travel Accident – for employer groups with specialized travel coverage needs
• Occupational Accident – for groups without employee benefits
• Participant Accident – for groups with sanctioned activities
• Board Members Accident – for group members sitting on a board of directors

There are several key benefits available under this new Group Accident policy:

• Accident Medical Expense
• Accidental Death/ Catastrophic Injury
• Accident In-Hospital Expense
• Accident Disability, including Weekly Accident Indemnity (WAI) benefit
• Zurich Travel Assist™
• Enhanced Living Benefits
• Critical Illness Add On

“Recruiting and retaining top talent is more competitive than ever, and more employers are seeing the advantage of building basic and voluntary benefits into their employee benefits package. Innovative compulsory and elective products, such as group accident coverage, critical illness and travel insurance, are affordable supplemental insurance options to help employees manage sudden, substantial out-of-pocket costs. At Zurich Canada, we’re helping employers go above and beyond to keep their people protected.” – Khalid Sohail, Head Accident and Sickness at Zurich Canada.

With Zurich’s basic and voluntary benefits, the premium can be employer-paid, employee-paid or a combination. Regardless, the benefit is paid directly to an employee, or, in the event of accidental death, their appointed beneficiary, who experiences a covered event. The payment can be used as the employee or, in the event of accidental death, their appointed beneficiary, chooses, such as uncovered rehabilitation expenses, household bills or a trip to celebrate a recovery milestone.