How to decide coverage under the Group Life Insurance Policy?

The employer can choose different benefit calculations to determine the amount of coverage for the employees. For group insurance contract, employees are assigned to different classes and schedule of benefits are attached to different classes that determine the amount of coverage that will be provided to the employee of each class. Here are the various […]

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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 […]

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The importance of Group Life Insurance for a Business

Here is why every business should consider buying a group life insurance for its employees: Financial Protection Employee’s Dependents: The group life insurance plan offers financial protection to the family of the employee and helps them to be stress free about their dependents financial future. Increased Productivity: A stress free environment helps nurture creativity and […]

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