Hiscox launches personal accident product
The insurer has released a personal accident insurance product for when businesses lose a key member of staff.
Hiscox has launched a new personal accident insurance product which will be available on the UK market and offers organisations comprehensive protection against the impact of a staff member being permanently unable to work due to an accident.
The specialist insurer said that the product suits small and medium sized business as well as charities, clubs and associations.
The policy includes cover for employee continuity, a retraining budget and funeral expenses. In addition, the business will
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