Shri Ram - Group Insurance Plans

What it is

A single policy issued to a group such as employees of a company, members of an association, or other organized groups.

Best for

• Employers
• Associations
• Organizations seeking employee welfare benefits

Advantages

✅ Coverage for many people under one policy
✅ Usually easier administration than individual policies
✅ Can enhance employee benefits

Example

A company provides life insurance coverage to all employees under a group policy.