Trusted IRDAI-Certified
Insurance Partner
Affordable, well-rounded benefits
designed to support employee wellbeing,
financial security, and long-term workplace satisfaction.
What’s Covered
Group Term Insurance provides life cover to employees under a single, cost effective policy. It ensures financial security for employees’ families in the event of an untimely death, while helping employers strengthen employee benefits, improve retention, and demonstrate long term commitment to workforce wellbeing.
Provides a fixed sum assured payable to the nominee in case of an employee’s death during policy tenure. This ensures financial stability for families and offers peace of mind to employees as part of their benefits package.
All eligible employees receive life cover under a common policy structure. This simplifies administration, avoids individual underwriting complexities, and ensures consistent protection across different roles, levels, and departments within the organisation.
Group pricing makes life insurance significantly more affordable compared to individual term plans. Employers can offer meaningful coverage at lower premiums while optimising overall employee benefits costs efficiently and sustainably.
Most group term insurance plans do not require medical examinations for employees up to defined limits. This enables quick onboarding, higher participation rates, and seamless inclusion of employees regardless of age or health conditions.
Coverage remains active as long as the employee is part of the organisation. This allows employers to manage additions and exits easily while keeping life cover aligned with current workforce strength.
Employers may add riders such as accidental death benefit or critical illness cover. These enhancements improve overall protection and allow organisations to design a more comprehensive life insurance offering for employees.
Ensures dependents receive support during unforeseen loss.
Lower premiums compared to individual term insurance plans.
Employees value employers who prioritise family security.
Single policy makes management and renewals easier.
Quick onboarding without complex medical checks.
Enhances overall compensation and benefits structure.
How to Buy
Choose the right mix of benefits, compare insurer offerings, share employee details, and activate coverage effortlessly with Disha Insurance’s guided support.
Instant & personalised
No impact on credit score
No hidden fees
Identify health, financial, and wellness requirements for your employees.
Review coverage options, premiums, and add-on benefits across providers.
Share employee lists and documents for customized plan evaluation.
Approve plan, complete payment, and initiate coverage for all employees.
Faq’s
Group term insurance is suitable for organisations of all sizes looking to offer life cover as an employee benefit. It is especially valuable for companies aiming to improve retention, support employee families, and create a well rounded benefits programme without significantly increasing costs.
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 term insurance is not legally mandatory, but it is considered a best practice. Many organisations include it as a standard benefit to enhance employee security, improve employer branding, and meet evolving expectations around comprehensive workplace benefits.
Coverage under group term insurance typically ends when employment ends. Some insurers may offer conversion options allowing employees to shift to an individual term plan, subject to terms, ensuring continuity of life cover if required.
Yes, employers can structure coverage based on designation, salary multiples, or seniority. Customisation helps balance cost efficiency with adequate protection, ensuring life cover aligns with organisational hierarchy and employee responsibility levels.
Disha Capital Insurance Brokers Pvt Ltd
Head Office : 1404-A, 43, Nehru Place, New Delhi, Delhi 110019
Contactus@dishainsurance.com
9319222734
