Should you select Group Mediclaim based on premium?

Should you select Group Mediclaim based on the premium? Offering a good group medical insurance plan can give employees a sense of security and help retain the best talent and strengthen their motivation to drive your business towards heights of success.  As an employer, you can get tax benefits on the amount of premium paid […]

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Things to remember when choosing group health insurance

  Things to remember when choosing group health insurance The importance of medical insurance has only increased post Covid-19. For employers, this means selecting the right group health insurance for their employees. The best group mediclaim policy would be one that offers the maximum benefits at a reasonable cost. If you are an employer looking […]

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Features of Group Health Insurance

Features of Group Health Insurance A group health insurance plan provides medical coverage at very affordable premiums. Individual members of a group get automatic coverage under the master policy if the group buys insurance for them. Who can buy group health insurance?  Recognised groups, such as employer-employees, trade unions, clubs, associations, etc., can buy a […]

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Filing a claim under group health insurance policy

The process for filing a claim under a group health insurance policy depends on the hospital and the type of treatment. Claiming health insurance in-network hospitals A network hospital is one that has a tie-up with an insurer. Members covered under group health insurance can get cashless hospitalization from network hospitals. This means that the […]

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What is General Insurance?

Any insurance other than the life insurance is called as general insurance. There are certain principles that guide any insurance contract, the principle of indemnity being one of them. This principle states that the insured should not profit out of the insurance claim, i.e. insurance contract is supposed to return less than or equal to […]

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What is deductible and how does it work?

It is likely that when browsing for insurance, you have stumbled upon the term ‘deductible’. What is a deductible and what are its implications if applied to your insurance policy? If these are questions you would like answered, this post is for you. What is a deductible? Deductible refers to a fixed amount applied to […]

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Five healthcare benefits only available in a Group Health Insurance Policy

One of the most important goals that any employer seeks to achieve is employee satisfaction. An organisation may provide various facilities to make its employees feel comfortable. These include suitable parking space in the office area, good-quality stationery and free beverages or decent food options in the office canteen. Some organisations also organise free medical […]

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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 the 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. […]

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How does a Group Health Insurance benefit an organisation?

Benefits of Group Health Insurance for the organisation can be summarized as follows: Motivated Employees: Employees feel obliged which inculcates the belongingness and loyalty factor amongst them. The employees are relaxed and feel less stressed as far as their spouse, children, and dependent parents’ medical needs are concerned. This gives rise to a tension-free, happy […]

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