Planning to buy a group insurance cover? We have got you covered with some of the exclusive benefits that you could avail yourself of while buying the insurance cover for your employees. Listed below are some of the salient features available in the SecureNow platform : Securenow is a leading, award-winning, tech-enabled insurance broking firm. […]
The need for 30-day enrolment for new hires
In an employer-employee context, group health insurance is when an employer buys medical insurance that covers their employees. However, the number of employees in an organization can change frequently, with people leaving the firm as well as joining it. Organizations have to update corporate health insurance policies to reflect these changes. This addition and deletion […]
Buying a group health insurance policy
A group health insurance policy covers a group of individuals under a single plan. Only registered and recognized groups can buy group medical insurance for their members; the most common of these groups is employer-employee. Usually, employers buy such health insurance plans as part of their employee benefit programs. Group mediclaim policies are bought because […]
Buying process of Group Health Insurance – Infographic
There are a few steps you can follow to help you buy group health insurance online: Determine your insurance needs: Think about what you want to be covered for when deciding types of GMC policy you need . This will help you narrow down your options and make the process of comparing quotes easier. Shop […]
How to buy a Group Health Policy?
A Group Health policy is a health insurance cover that provides protection to a group of people who can be members of a society, the employees of a common employer, or the professionals in a common group. Employers usually take a group health policy for their employees to cover their medical risks and expenses. Health […]
How many employees a company should have to buy a Group Health Insurance Policy?
The country’s insurance regulator, IRDA in an exposure draft issued on January 19, 2016, specified that the minimum number of persons in the group should be 20 for the purpose of a group health insurance policy. However, micro-insurance policies can be issued to a group with as small as 5 members. The criteria given in […]
The Group Health Insurance Policy
What is Group Health Insurance Policy? Group Health Insurance (or Group Mediclaim) provides healthcare coverage to a group of people belonging to a common community (typically as employees of a company). Group Health Insurance plans are generally uniform in nature, offering the same benefits to all employees or members of the group. However, the biggest […]
What are the advantages of group plans?
Generally, the organization or employers purchases group insurance plans for their employees and for the well-being of their families. Customizing the policies based on the needs of the group and its members. Group plans offer numerous advantages to both employer (group) and employees (members). The group plans offer the following advantages. Advantages for employers: 1. […]
Looking for a group health insurance for your firm? 4 points to consider
Offering group health insurance to employees is a great idea. Not only does it help in attracting top talent to your company, but you can also avail a lot of benefits as an employer including tax benefits. So, if you are looking for group health insurance for your firm, here are some points that you […]
Can You Buy a Group Insurance Policy for Your Group/Association?
You can buy a group insurance policy if there are members who gather together with a common purpose or engage in a common activity. Further, there are some other guidelines that should be considered to buy a group insurance policy, like: 1. Most of the group insurance policies are about the employer-employee. However, other groups […]