Respected Sir, Whether the salary is processed by the employer during accident leave. Our employer is in the process of preparing a Group Personal Accident (GPA) Insurance Policy for its employees. They have mentioned in the proposed policy as under:
"In case of an accident, no salary will be processed from the payroll. However, upon rejoining duty and submission of required documents, employees will be compensated with TTD (Temporary Total Disablement) benefits as per the GPA policy features up to Rs. 20,000/- per week and a maximum of 104 weeks."
Further, please advise on the issue of whether the salary is deductible if an employee remains absent on duty for a period of one year due to an accident.
Regards, Mayur P. Kulkarni
From India, Mumbai
Acknowledge(0)
Amend(0)
"In case of an accident, no salary will be processed from the payroll. However, upon rejoining duty and submission of required documents, employees will be compensated with TTD (Temporary Total Disablement) benefits as per the GPA policy features up to Rs. 20,000/- per week and a maximum of 104 weeks."
Further, please advise on the issue of whether the salary is deductible if an employee remains absent on duty for a period of one year due to an accident.
Regards, Mayur P. Kulkarni
From India, Mumbai
Acknowledge(0)Amend(0)
Group Personal Accident Insurance Details
Which Group Personal Accident Insurance pays Rs 20,000 per week for temporary disablement? Or is it 25% of wages per fortnight? Is there any limit for salary? Is there any certifying authority or medical officer who will confirm that the disablement will last for a specific number of days, subject to a maximum of 104 weeks?
Now, addressing the issue, I would like to clarify that during the period of disability, the employee will not receive their regular salary; instead, they will be entitled to 25% of their salary for every 14 days. In your situation, the policy states that the individual will receive Rs 20,000 per week or Rs 80,000 per month. This amount serves as compensation and not as salary, potentially exceeding regular income.
From India, Kannur
Acknowledge(0)Amend(0)
4526Which Group Personal Accident Insurance pays Rs 20,000 per week for temporary disablement? Or is it 25% of wages per fortnight? Is there any limit for salary? Is there any certifying authority or medical officer who will confirm that the disablement will last for a specific number of days, subject to a maximum of 104 weeks?
Now, addressing the issue, I would like to clarify that during the period of disability, the employee will not receive their regular salary; instead, they will be entitled to 25% of their salary for every 14 days. In your situation, the policy states that the individual will receive Rs 20,000 per week or Rs 80,000 per month. This amount serves as compensation and not as salary, potentially exceeding regular income.
From India, Kannur
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Salary & Compensation Guidelines.zip
Kerala HC- employee entitled to higher amt if recd from insurance co 18092017.pdf
Advmpkulkarni
Thanks a lot Sir for your valuable opinion