EMPLOYEE BENEFITS

Group Term Insurance

Group Term Insurance is a highly convenient yearly risk Insurance product that pays a Face Amount to the employees in any cause of death. A Group Term Insurance plan waives the obligation of medical tests in most cases. In addition to add-on accident & disability riders, Group Term plans also offer an option to convert to an individual policy.

The life cover can be customized based on a uniform cover for all members or a grade-wise cover. This Scheme can help the retention of employees by providing welfare benefits to employees and their families.

Coverage

• Coverage round the clock and anywhere in the world.
• Group Term Insurance allows for a uniform business expense to cover fluctuating mortality risk.
• It offers the prospect of premium reduction over a while with a profit-sharing arrangement.