Trusted IRDAI-Certified
Insurance Partner
Built for employers who want group term insurance without fragmented policies or administrative complexity.
Life Coverage
Group term insurance is a master policy that provides defined life cover to all enrolled employees. If an employee passes away during the policy tenure, the sum assured is paid directly to the nominee. For CHRO, it converts liability into a governed cost line, while for HR leaders.
Employee term life insurance pays a fixed sum assured to the nominee upon the death of an enrolled employee. This payout protects dependent families from income disruption and fulfills the employer’s formal duty of care.
Corporate term insurance provides uniform life cover to all enrolled employees. Employers can define flat or salary-linked sums insured to ensure consistent protection from day one.
Group term life insurance is priced for your workforce as a whole, making it more affordable than buying individual policies for each employee. This helps businesses provide life cover to more employees while keeping premiums cost-effective.
Employees are covered without individual medical tests, within the insurer’s free cover limit. This simplifies onboarding, accelerates activation, and removes health-related barriers to employee protection.
Group life insurance remains active for the duration of employment under the master policy. Coverage ceases on exit, while additions and removals are managed centrally during the policy year.
Accidental death, permanent disability, and critical illness riders can be added, allowing HR teams to extend protection without managing multiple standalone employee benefit policies.
Coverage can be structured based on a Flat Sum Insured or an employee's Cost to Company (CTC).
Employees can receive life insurance coverage up to the Free Cover Limit, typically without additional underwriting.
Eligible employees can receive coverage without undergoing medical examinations, making enrolment quick and simple.
Offers financial support to employees' families in the event of the insured employee's death.
Covers death due to natural causes, accidents, and suicide (subject to the policy terms and conditions), providing broad financial protection.
How to Buy
Assess workforce life cover needs, compare group term insurance plans, share employee data, and activate structured protection with expert guidance and policy onboarding.
Advisory-led policy structuring
Quick and hassle-free process
Zero hidden fees or charges
Tell us about your employees, team size, and the coverage you need.
We'll help you select a Group Term Life Insurance plan that suits your business.
Provide the required employee information and documents to get started.
Complete the process, pay the premium, and your employees' life insurance coverage will begin.
Faq’s
Group Term Insurance is suitable for startups, SMEs, and large organizations with a workforce of 10 or more employees. It helps businesses provide financial protection to employees and their families while strengthening their employee benefits program. Whether you have a small team or thousands of employees, Group Term Insurance can be customized to suit your organization's needs. Group Term Insurance in India suits employers seeking structured employee life cover.
Group term insurance is provided by the employer under a single policy with lower premiums and minimal underwriting. Individual term plans are purchased separately by individuals and usually involve medical tests and higher costs, making group plans more accessible for employees.
Group Life Insurance covers employees under a single policy, making it more affordable than buying individual plans. Since the employer purchases the policy for the entire workforce, employees can often get higher coverage at a lower premium, and many can receive coverage without a medical test (up to the Free Cover Limit). This makes it easier for businesses to provide valuable life insurance benefits to their employees.
Group Term Insurance provides financial support to an employee's family in the event of their death. Eligible employees can often get life insurance coverage without a medical test (up to the Free Cover Limit). It offers peace of mind by helping secure the financial future of their loved ones.
Premiums are based on collective workforce risk, including headcount, age profile, sum insured, and riders. A deposit premium is paid at inception, with reconciliation at policy renewal.
In the event of the insured employee's death, the nominee or employer submits the required documents to the insurer. Once the claim is verified and approved, the sum assured is paid to the nominee. Disha Capital Insurance Brokers assists throughout the process by helping with documentation, coordinating with the insurer, and following up until the claim is settled.
Disha Capital Insurance Brokers Pvt Ltd
Head Office : 1404-A, 43 Chiranjiv Tower, Nehru Place, New Delhi – 110019
Contactus@dishainsurance.com
9319222734
