Group Insurance for SMEs, Small Scale Industries and Corporates
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What is Group Insurance?
Group Insurance is a type of insurance which covers a group of people under one master policy. It provides coverage for every member of the group, thereby eliminating the need for buying separate policies for everyone. Usually, this type of policy is provided by the companies to their employees. Other than companies, clubs, organizations, and co-operative societies may go for group insurance to all their employees.
A group medical insurance is a comprehensive insurance policy which offers protection to you and your family against illness and accidents where you require hospitalization. It enables you to get quality healthcare in the best hospitals.
Features and Benefits of Group Insurance
Types of Group Insurances
How IVA Insurance helps you get the best group insurance?
FAQ On Group Health Insurance
There are four types of group insurance options available. Each industry may have a different set of operations and occupational hazards, it’s better to choose the one which will be beneficial to you and your employees. Most companies and corporates go for group health insurance to ensure the well-being of their employees.
The number of members varies from plan to plan in group insurance. While some policies require a minimum of seven members at least, some others would require 50 members. The organization must choose the policy based on their group size and their needs.