What is Group Term Insurance?

Group Term Insurance is a comprehensive employee benefits insurance policy that provides life insurance coverage for a group of employees, offering financial protection to their families in case of the employee's untimely death during the policy term.

This essential insurance policy provides a lump sum death benefit to the employee's family or nominated beneficiaries, ensuring financial security and stability during difficult times. It offers affordable life insurance coverage for employees and helps organizations provide valuable benefits to attract and retain talent.

Whether you're an employer looking to provide comprehensive life insurance benefits or an organization wanting to ensure employee family security, Elevate Insurance offers comprehensive Group Term insurance policies with competitive premiums and expert support to protect your employees' families.

Group Term Coverage

Comprehensive life insurance protection for employees and their families against untimely death.

  • Life insurance coverage
  • Death benefit protection
  • Family financial security
  • Affordable premiums
  • Easy enrollment process
  • No medical examination
  • Flexible coverage options

Add-ons

  • Accidental Death
  • Disability Benefits
  • Critical Illness
  • Family Coverage
  • Enhanced Benefits
  • Portability
  • Conversion Option

Benefits

  • Life protection
  • Financial security
  • Expert support
  • Peace of mind
  • Comprehensive coverage
  • Quick claim settlement
  • Competitive premiums

Benefits of Group Term Insurance

Life Protection

Comprehensive life insurance protection for employees with death benefits for their families.

Financial Security

Protection against financial hardship for employee families with lump sum death benefits.

Affordable Coverage

Affordable life insurance coverage for employees with competitive group rates and benefits.

Expert Support

Access to experienced life insurance professionals and claim settlement experts for comprehensive support.

Employee Retention

Helps attract and retain top talent by providing valuable life insurance benefits and family security.

Why You Need Group Term Insurance?

Group Term Insurance is essential for any organization that values employee welfare. Here's why having comprehensive life insurance is crucial:

Life Protection

Protects your employees' families with comprehensive life insurance coverage and death benefits for financial security.

Financial Security

Ensures financial stability for employee families during difficult times with lump sum death benefits.

Peace of Mind

Allows employees to work with confidence knowing their families have comprehensive life insurance protection.

Group Term Insurance Coverage Includes

Life Insurance

Comprehensive life insurance coverage for employees with death benefits for their families.

Death Benefits

Lump sum death benefits paid to employee's family or nominated beneficiaries upon death.

Family Security

Financial security for employee families with comprehensive life insurance protection and benefits.

Affordable Premiums

Affordable life insurance premiums with competitive group rates and comprehensive coverage benefits.

Easy Enrollment

Simple and easy enrollment process for employees with minimal documentation and requirements.

No Medical Exam

Life insurance coverage without medical examination requirements for easy and quick enrollment.

Group Term Insurance Add-ons

Accidental Death

Additional coverage for accidental death with enhanced death benefits for employee families.

Disability Benefits

Coverage for permanent and total disability with monthly income benefits for employees.

Critical Illness

Coverage for critical illnesses with lump sum benefits for medical treatment and recovery.

Family Coverage

Extended coverage for employee families including spouse and children with life insurance benefits.

Enhanced Benefits

Enhanced death benefits and coverage options for comprehensive employee life insurance protection.

Portability

Portability options allowing employees to continue coverage even after leaving the organization.

Conversion Option

Option to convert group term insurance to individual life insurance policy without medical examination.

Extended Coverage

Extended coverage for retirees and former employees with continued life insurance protection.

How to Buy Group Term Insurance Online?

The process of buying Group Term Insurance online is simple and convenient. Here's how you can get comprehensive life insurance protection with us.

01

Share Employee Details

Provide information about your organization, employee count, and life insurance requirements to get accurate quotes.

02

Compare Term Insurance Plans

Review different Group Term Insurance plans and choose the one that best fits your organization's needs.

03

Complete Purchase

Make secure online payment and receive your Group Term Insurance policy instantly via email.