Accident/Death Disability insurance
ADD plans are complementary to Life insurance policy as it covers for loss of life and dismemberment due to accidents, whereas Life insurance only pays a lump sum amount in case of death, irrelevant of being due to accident or disease.
ADD is different from Employer’s Liability insurance as it is a benefit given to the staff but it does not remove the liability that the company may face for work related accident.
- Employee Benefits
- Property insurances
- Liability insurances