What is Group Health Insurance

Posted by IIFL Insurance on April 27th, 2022

Organization health insurance is aimed to provide complete healthcare coverage to members of a certain group at significantly reduced prices.

The Insurance Regulatory and Development Authority of India (IRDAI) has set rules that state that groups constituted for this objective will be either employer-employee groups or non-employer-employee groups.

That\'s why credit card holders, bank account holders, alumni, clubs, and other similar organizations are developed to take advantage of the benefits of group health insurance.

Benefits of a Group Health Insurance plan

  • Lower premiums
  • No waiting period
  • No medical screenings required
  • Comprehensive, guaranteed cover
  • Faster turnaround times
  • Tax incentive for the employer

Know complete details about group health insurance policy including top benefits, features, Differences, inclusions & exclusions limitations at IIFL Insurance.

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