Group health insurance plans shield the employees, the most valued assets of the organization. Though most group insurance plans provide comprehensive coverage at a relatively lower cost, the policy can vary significantly depending on the state or city in India. State or city healthcare infrastructure, cost, local regulations, and industry competition can play a major […]
What Are the Different Types of Premium Calculators?
Insurance is essential for individuals and businesses to manage financial risks. Insurance products offer protection against unforeseen events like illness, accidents, or property damage, providing financial security and peace of mind. Be it health insurance, term insurance, property insurance, or any insurance product, buying the right one takes a lot of research and comparison. Insurance […]
What Are the Benefits of Using a GHI Calculator?
Group health insurance is important for companies to protect their employees’ well-being and give them affordable and comprehensive health insurance coverage. It helps them retain employees, attract new talent, and improve business profitability with a healthy and efficient workforce. Businesses can customise the coverage according to their needs, optimising employee satisfaction and insurance costs. Making […]
Group Health Insurance Plans for self-employed
Self-employment offers individuals in India the freedom and flexibility to pursue their professional aspirations. However, being self-employed also means shouldering the responsibility of securing one’s own health and financial well-being. Considering this, group health insurance policy for self-employed individuals has emerged as a valuable solution, providing comprehensive coverage and peace of mind. Therefore, this article […]
Converting Group Health Insurance to individual
Converting group health insurance to individual health plan can greatly lower your costs and save money while still receiving the same coverage. Group insurance policies for employees’ plans are typically more expensive than individual plans, so switching over could save you significant money. Additionally, when it comes to individual health plans, there is often greater […]
Video-Important features of Group Health insurance
Important features of Group Health insurance Opting for a group health insurance plan with maximum features and add-ons can guarantee extensive coverage, reduce employee expenses, and offer extra protection for their health, including wellness programs, dental and vision coverage, and critical illness coverage. It is beneficial for both employers and employees alike. A comprehensive group […]
Types of Group Medical Insurance Policies in India
Insurance is an important component of your employee benefits packages. More employees today have access to group medical insurance policies which cover medical, dental and vision expenses as well as life insurance for their families. Insuring your employees takes planning. However, there are several types of plans to choose from when deciding how best to cover […]
Get to know about the tax implications of group health insurance
If you are a part of a group and the group has opted for the group health insurance scheme; you should know of the tax implications and benefit of the same. A group health insurance policy is popular amongst registered groups, especially employer-employee groups. This is because of the following reasons – The group health […]
Artificial Intelligence in Insurance
Companies must prepare themselves to adapt to the shifting business environment as Artificial Intelligence becomes more fully entrenched in the sector. Insurance executives must grasp the variables that will influence this shift. As well as how artificial intelligence in Insurance (AI) will affect claims, marketing, underwriting, and costing. With this insight, they can begin to […]
The Market Landscape in Insuretech
In India, the InsureTech environment is still in its infancy. In comparison to the worldwide average of 6.5%, present insurance penetration in India is relatively low, with 2.76% for life insurance policies and 0.93% for non-life insurance plans. The present InsureTech industry in India is controlled by a handful of new-age insurers such as Digit, […]