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WHAT IS A GROUP INSURANCE PLAN?

Understanding the importance

A group plan is an insurance plan for a group of people. The group can be the employees of a company or members of an association.

A group plan is an insurance plan for a group of people. The group can be the employees of a company or members of an association.

REASONS TO INVEST

Show your people how much you care

EXPLORE GROUP INSURANCE PLANS

Plan for their dream to become a reality

HOW IT HELPS YOU

Top features of Group Insurance

HAVE ANY DOUBTS?

FAQ’S related to Group Insurance Plans

There are two types of groups, namely, employer-employee and non-employer-employee groups. Most of the time group insurance plans are employer-employee groups. In the case of non-employee-employer groups, the members must formally assemble and engage in a common economic activity. A group formed with the intent of reaping the benefits of a group plan won’t be recognised.

No, they cannot. These groups are exclusively for individuals part of a group.

A formal group should have a minimum of 10 members, whereas an informal group should have at least 50 members.