How does Group Insurance Cover work?

The group insurance cover is the single contract taken by a group administrator (i.e. a company, a society, etc.). The contract provides coverage to multiple beneficiaries (group members), i.e. the employees of the company. The administrator is responsible for the payment of premium in respect of a group policy. In case of any incident (which […]

Read More

Types of Group Insurance Policies available in India

Following are the different types of group insurance policies available in India: Group Term Life Cover:This type of policy offers a life cover to each member (insured) working in the group (organisation). The premium is collected from the group owner which can be deducted from the salary of the employees on a monthly basis. Group […]

Read More