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Home / Life / Types of plans

Group Insurance Policy

What are Group Insurance Plans?
How are they beneficial to me?
Who should buy these plans?

What Are Group Insurance Plans?

Group Insurance offers life insurance protection under group policies to various groups such as employer-employee, professionals, co-operatives, weaker sections of society etc. It also provides insurance coverage to people under certain approved occupations at the lowest possible premium cost. Besides providing insurance coverage, it also offers group schemes to employers, which provide funding of gratuity and pension liabilities of the employers.

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