What is the difference between employee compensation and group accidental insurance policy

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Employee compensation refers to the financial rewards given to employees for their work, while group accidental insurance policy provides coverage for accidental injuries.

Employee compensation includes salary, bonuses, and other monetary benefits provided to employees.
Group accidental insurance policy is a type of insurance that provides coverage for accidental injuries or death.
Employee compensation is a regular part of an employee's overall compensation package, while group accidental insurance policy is an additional benefit provided by the employer.
Employee compensation is typically paid on a regular basis, while group accidental insurance policy is activated in case of an accident.
Examples of employee compensation include base salary, performance bonuses, stock options, and retirement benefits.
Examples of group accidental insurance policy coverage include medical expenses, disability benefits, and accidental death benefits.

What is the difference between employee compensation and group accidental insurance policy

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