Group Accidental Death and Total Disablement Insurance

Group Accidental Death and Disablement Insurance provides an insured with comprehensive coverage in the event of an accident, by subscribing to this policy, employees and their loved ones will receive a lump sum payment in the event of a death or a total permanent disability caused by an accident, up to an amount stated by Chubb.

Coverage Highlights

Benefits for Company

  • It is always comforting to know that in the event an employee faces a crisis, the company will provide financial support to him and his loved ones
  • As an increase in employee productivity translates to better profits, motivate your employees by giving them a sense of assurance that they are well looked after
  • By offering good employee incentives, your company will be able to stay competitive in recruiting new talent

Benefits for Employees

  • Employees will be able to work in peace knowing that the company will provide financial assistance in the event of a crisis
  • By receiving welfare benefits form the company, employees will become highly motivated and productive at their job
  • A motivated employee will perform better at work, resulting in greater potential for pay raise and career advancement

Insurance Benefits

  • Death Benefit In the event of death caused by an accident (not exceeding 90 days from the time of accident), the insured will receive a lump sum payout of the sum assured.
  • Total Permanent Disability In the event of a loss of severance or loss of use of a limb or body function resulting from an accident, the insured will receive lump sum payment equivalent to a percentage of the sum assured as stated below:

Permanent disability 

Percentage of Benefits 

(Of Sum Assured) 

Total permanent disability or loss of function of:

2 arms; or
2 feet; or
2 eyes; or
1 arm and 1 foot; or
1 arm and 1 eye; or
1 foot and 1 eye

100% 

Some permanent disability or loss of function of: 

Right arm from shoulder 
Left arm from shoulder 
Right hand from elbow 
Left hand from elbow 
Right hand from wrist 
Left hand from wrist 
Sight of one eye 
Hearing of both ears 
One foot 
Right thumb 
Left thumb 

 

50% 
50% 
50% 
50% 
50% 
50% 
50% 
50% 
50% 
25% 
20% 

Note: 

The maximum sum for a claim on a permanent disability listed in this table is IDR 50,000,000. 

Note: For left-handers, the conditions stated regarding the right will apply to the left instead.

The following provisions apply:

  1. The loss of a thumb is defined as a loss of 2 joints from the same thumb. The loss of (one) mother fingers is defined as the loss of 2 (two) finger joints and about 2 (two) joints.
  2. The total lump sum payment for the benefits listed in the table above must not exceed 100% of the sum assured.
  3. A Total Permanent Disability claim for a lost limb can only be made at least 180 calendar days after the diagnosis of the condition.

The material presented is a product summary. Please refer to the Terms and Conditions of this policy for further information.

Interested in this Chubb policy?

Have a question or need more information? Contact us to find out how we can help you get covered against potential risks