Group Insurance Policies

Group insurance plans have low premiums. Such plans are particularly beneficial to those for whom other regular policies are a costlier proposition. Group insurance plans extend cover to large segments of the population including those who cannot afford individual insurance. As such the premia you need to pay is comparatively lower and at the same time you can avail of insurance benefits.

The main features of the schemes are low premium and simple insurability conditions. Premiums are based upon age combination of members, occupation and working conditions of the group.

Benefits of Group Insurance

• Premium Under Group Insurance Is Less Than A Stand-alone Personal Insurance Policy.
• Discount Offered Depends Of The Size Of The Group.
• A Quick And Effective Way To Extend Cover To A Large Chunk Of Population.
• An Effective Tool To Cross Sell Various Products To The Members Of The Group.
• Products Can Be Customised To The Size Of The Group.
• Group Insurance Is More Flexible And Provide More Benefits.
• For Additional Benefits, A Loading Is Charged On The Premium.