Articles Tagged: Group Insurance plan

What is Group Insurance Policy?

Group Insurance Policy refers to the type of health insurance that covers a ‘group’ of people instead of one individual. So, the only condition is for all members of one group to include in a single policy is that the group’s risk should be homogeneous. The ‘Groups’ can be of two types: Formal Groups (Employer-Employee): […]

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The importance of Group Life Insurance for a Business

Here is why every business should consider buying a group life insurance for its employees: Financial Protection Employee’s Dependents: The group life insurance plan offers financial protection to the family of the employee and helps them to be stress-free about their dependents’ financial future. Increased Productivity: A stress-free environment helps nurture creativity and employees may […]

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