S. Meera IMF and Fund Distributor Private Limited.

We at , S. Meera IMF and Fund Distributor Private Limited suggest you the right product with our expertise.

Get A Quote

Group Life Insurance

At Smeera, we understand the significance of employee benefits and their impact on your business’s success. That’s why we offer Group Life insurance, which provides coverage for both you and your employees. To take advantage of this benefit, simply establish a group with five or more employees. If you have any questions about eligibility or would like more information, please reach out to your Smeera team.

How do Group Insurance Policies Work?

A group insurance policy can be purchased by any group of individuals, whether they are employer-employee or not, to help achieve their life goals. 

However, the group must have a legitimate purpose for its existence and should not be formed solely for the purpose of purchasing insurance. The group will appoint a Master Policyholder to serve as the central administrative authority on behalf of all members.

  • Cost savings: Group Life Insurance is often more affordable than individual life insurance policies, as the cost is shared among the members of the group.
  • Convenience: Enrolling in a Group Life Insurance policy is a simple process for employees, as the employer typically handles the enrollment process.
  • Increased employee benefits: Offering Group Life Insurance as part of an employee benefits package can make a company more attractive to job candidates and can help retain current employees.
  • Coverage for dependents: Group Life Insurance often includes coverage for the employee's dependents, providing added financial security for families.
  • Death and dismemberment coverage: Group Life Insurance can also provide coverage for accidental death and dismemberment, which can provide additional peace of mind to employees.

In addition to providing life coverage for members of non-employee-employer groups, some group insurance policies also offer coverage for outstanding loans to the members of the group.

We Are Here To Help You