The most important asset for any business is their employees. Just like any other assets, business ought to insure their employees too who are integral part of the business. The benefits of having employee benefits insurance program include higher job satisfaction, reduced absenteeism, etc. If you’ve got a small business and a tight budget, you might wonder if employee insurance benefits are really worth the cost? The short answer is Yes. A good employee insurance benefits program helps you attract and keep the best employees, leads to happier and more productive workers, and ultimately can help your business thrive.
This policy offers standard health insurance coverages for all employees together as a Group. The Sum Insured can be graded as per the designation. There is no pre-medical check up required to be insured under this policy. This policy’s coverage can be customized as per the requirement of the organisation.
Group Term Life insurance offers Term insurance benefit to the employees of an organisation. The claim is paid to the nominee in the event of death of the employee.
Group Personal Accident is used by many organisations to insure the employees in order to give financial protection in case of an accident which causes death or disability. This coverage is available 24/7 and not necessarily during the working hours.