Group insurance refers to insurance coverage offered to individuals within a structured group, such as employees within a company or members of an association. It stands apart from individual insurance, where policies are sold to individuals individually, and from government-sponsored social insurance (like unemployment insurance or social security).

Eligibility Criteria Of Group Insurance

• Group Size: A minimum of 10 members is typically required to establish a qualifying group for Group Insurance purposes.
• Commonality: Group members must share common traits, such as working for the same employer, belonging to a specific association, or having similar professions.
• Participation: All eligible group members must actively take part in the insurance plan to ensure risk distribution across the entire group.
• Underwriting: Group Insurance policies might necessitate underwriting procedures to evaluate the risk associated with insuring the group.
• Contribution: The premium for Group Insurance is commonly divided between the employer and employees, and all members of the group are required to contribute.

Why Group Insurance Needed ?

• Cost Efficiency: Group Insurance is cost-effective as the risk is distributed among a larger group, making it generally more affordable compared to individual policies.
• Employee Attraction and Retention: It serves as an attractive employee benefit, aiding companies in attracting and retaining top talent.
• Coverage for Pre-Existing Conditions: Group Insurance often includes coverage for pre-existing conditions that individual policies might exclude.
• Comprehensive Benefits: It typically offers comprehensive coverage, including medical, dental, vision, and other benefits not always included in individual policies.
• Financial Security: Group Insurance provides financial security for employees and their families during unexpected events like illness, injury, or death.

Why Choose Aadeeshwara ?

• Customized Plans: We offers tailored group insurance plans that can be adapted to the specific needs of your group, whether it's a company, association, or organization
• Comprehensive Coverage: Our  insurance plans often encompass a wide range of benefits, including medical, dental, vision, and other essential coverages, ensuring comprehensive protection for group members.
• Competitive Pricing: We may provide cost-effective group insurance options by spreading the risk across a larger group, resulting in potentially lower premiums compared to individual policies.
• Experience and Expertise: Their experience in the insurance industry and expertise in group insurance might ensure efficient handling of policies, claims, and customer service.
• Support and Assistance: We may offer robust customer support, aiding in understanding policy details, facilitating claims, and providing assistance throughout the insurance period.