Employee Insurance Dilemma: What Should Software Companies Cover and When?

Dear All,

Employee Insurance in Software Companies

Is employee insurance a must for all employees in a software company? When should the insurance start for a new joiner (in the probation period)? What should be included in employee insurance—accidental, maternity? What if an employee meets with an accident before the insurance policy is issued? Should the company pay for the medical expenses since there is no insurance?

Regards

Dear All,

Eleven views and no help on this...!!! Seniors, I request you to kindly shed some light on this.

Hi,

It is not compulsory, but it depends on the company's policy. The terms of the policy are decided between the insurer company and the insured, as well as the terms of employment.

Most IT companies offer health insurance to employees. The range of benefits depends on the philosophy of your organization in terms of benchmarking against competition, the ability of the organization to pay premiums, etc.

In case you need any help with structuring the cover, please let me know.

Regards,
Deepak