Group Personal Accident Insurance Scheme

In G.O (P) No.616/10/Fin dated 23/11/2010 Government have decided to implement the Group Personal Accident Insurance Scheme through Kerala State Insurance Department for the year 2011 with certain modifications. As per the G.O the scheme has also been extended to the employees of all Public Sector Undertakings, Co-operative Institutions, autonomous bodies and other Government Institutions in addition to the categories of employees already covered under the scheme. The scheme shall come into force with effect from 01/01/2011. The insured shall have to pay an annual premium of 100/-, inclusive of Service tax for an assured sum of Rupees Eight Lakh.

The compensation admissible shall be as follows:

Death due to accident – 100% of sum insured

Loss of 2 limbs or sight of both eyes and one limb and sight of one eye due to accident – 100% of sum insured

Loss of one limb or sight of one eye due to accident – 50% of sum insured

Permanent total disablement due to accident – 100% of sum insured

                            The Drawing and Disbursing Officer/ Self Drawing Officer shall deduct the premium of 100/- per employee from all the categories of employees included in the Scheme from the salary for the month of November 2010 payable in December. In case of any spill over, the same should be recovered from the salary of December 2010 payable in the 3rd week of December

Click here to Download detailed Order

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