I want to take a group insurance policy for the employees. Please suggest I will go for the Individual or family. As company don’t want to give any thing. Employee have to pay the premium.
From India, Delhi

Use factoHR and automate your HR processes

Mobile-first hire to retire HR and Payroll software that automates all HR operations and works as a catalysts for your organisational growth.


I would suggest to go for family option ( married spouse +2 children ; Unmarried - Father and Mother).
If your company is not going to pay premium how you are going to manage it under corporate scheme. Please formulate policy first and work on possible questions from employees.
What if employee resign in the middle of year after paying premium? Will the employee continue to get mediclaim facility or not? If not whether the premium paid will be reversed back to him on pro rate basis? Will the insurance company make the payment through employer and directly to the beneficiary (employee). In case of any claim dispute between employee and Insurance company who will mediate ?
In the absence of employer contribution it would be tough to handle it under corporate scheme. So please plan and execute properly.

From India, Madras

If you are knowledgeable about any fact, resource or experience related to this topic - please add your views.

About Us Advertise Contact Us Testimonials
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2022 CiteHRŽ

All Material Copyright And Trademarks Posted Held By Respective Owners.
Panel Selection For Threads Are Automated - Members Notified Via CiteMailer Server