Retention of employees has become an issue for a large number of organizations, these days. One of the most effective ways to do so is to have group insurance for the staff.
What is Group Insurance?
Group insurance policy, typically, means life insurance product that covers a fairly large group of people under a single contract. In a group insurance contract, the policy owner is the employer or an organization, and the policy covers employees or members of that particular organization.
Benefits of Group Insurance
Group insurance policy provides an adequate coverage against medical emergencies for you and your loved ones, irrespective of your age, gender, profession, lifestyle, and social background.
- Traditional Plan
- Co-operative Plan
- Health Spending Account