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we are looking GMC for company employees covering 5 laksh sum insured amount with a expected 167 employees with 1+3 coverage
Hello Yathindra, Group medical insurance for employees is a type of health insurance coverage that is provided by an employer to their employees as part of a benefits package. The employer purchases a group health insurance policy from an insurance company, and then offers coverage to their employees as a group.
Group medical insurance typically covers the cost of medical services such as doctor visits, hospitalization, surgery, and prescription drugs. The coverage and benefits offered may vary depending on the specific policy chosen by the employer.
The advantage of group medical insurance is that it typically offers lower premiums than individual health insurance policies. This is because the insurance company is able to spread the risk of high medical expenses across a larger group of people. Group medical insurance can also help attract and retain employees, as it is considered a valuable benefit.
Further, buying a group health insurance plan for your employees gives them protection, coverage, and also satisfaction. We are glad that you have chosen to buy a group health insurance policy for the safety of your employees. We are here to assist you and to share different group insurance policy plans with you. Please visit the following link to know about the plans and premiums: Group Health Insurance
Meanwhile, we have also arranged a callback from our insurance advisor to help you with the information and purchase. The advisor will get in touch with you shortly.