Groupama PA policy enhanced

Groupama Insurances has enhanced its personal accident (PA) policy.

Key elements to Groupama Personal Accident include retraining benefits up to the age of 70, given the older age at which people are retiring, increased death benefit where an individual has dependent children and enhanced compensation levels for catastrophic injuries resulting in quadriplegia or paraplegia.

Neil Thunström, head of personal accident and travel at Groupama Insurances, said: “Small businesses by their nature are heavily dependent on key individuals within the workforce to keep the business going. In these tough times as many firms downscale their workforce it’s critical that brokers help them understand the benefits of PA cover. This valuable cover not only helps a business if an accident occurs but supports the employee and their families. Groupama Insurances Personal Accident policy gives brokers a valuable tool in their armoury, providing a great value add on for their clients.

He continued: “There’s a misconception that PA is a difficult product to sell. This isn’t the case. We are happy to discuss individual risks and tailor the cover to meet clients’ requirements and budgets. Now more than ever, brokers need to maximise the opportunities for selling PA cover – there really hasn’t been any better time.”