Essential
Core accident protection
- Accidental death
- Permanent disability
- Ambulance charges
Benefits
Accident protection
Lump-sum benefit for accidental death and disability.
Hospital cover
Cashless or reimbursed treatment for covered illness and injury.
No individual checks
Employees covered without separate medicals or underwriting.
One policy, one premium
Single renewal date and one point of contact for the employer.
What is Group Personal Insurance?
Group Personal Insurance is a single master policy bought by an employer, company or association to cover its employees or members against defined personal risks.
Instead of every person buying their own policy, the group is underwritten as a whole. This usually means simpler paperwork, group pricing and the same core benefits for everyone on the policy.
Depending on the plan, you can combine personal accident, health and life benefits, and set different benefit levels for different employee grades.
What is covered
Covers available under most group personal plans. Exact benefits depend on the insurer and the plan you choose.
Cover
What it pays
Availability
Accidental death
Lump sum paid to the nominee if an insured employee dies in an accident.
Standard
Permanent disability
Benefit for total or partial permanent disability as per the policy schedule.
Standard
Temporary disability
Weekly income benefit while the employee cannot work after an accident.
Optional
Hospitalisation
Room, surgery, nursing and treatment costs within the sum insured.
Plan based
Ambulance charges
Emergency ambulance costs up to the limit in the policy.
Standard
Maternity & dependents
Can be added to selected group health plans, with limits and waiting periods.
Optional
Examples
Small startup — 10 employees
A 10-person team can get basic personal accident cover for around ₹12,000 a year,
protecting all employees under one master policy.
Growing company — 50 employees
With 50 employees, adding hospitalisation and cashless network benefits usually works
out to about ₹1,500–₹1,800 per employee per year.
Factory / contractor — 200 employees
Higher-risk workforces may see slightly higher premiums, but the group rate still
works out significantly lower than individual policies.
Choose the right level of cover
Most employers start with one of these three structures and adjust sum insured by employee grade.
Enhanced
Accident plus medical expenses
- Everything in Essential
- Hospitalisation cover
- Cashless network treatment
Complete
A full employee benefit package
- Everything in Enhanced
- Group term life
- Dependents and maternity add-ons
How it works
From first enquiry to active cover in six simple steps.
- Share your groupTell us the number of employees and the cover you need.
- Compare quotesSee indicative premiums from multiple insurers.
- Choose a planPick covers, sum insured and optional add-ons.
- Submit documentsShare company details and the employee list.
- Pay the premiumThe group premium is paid to the insurer.
- Cover goes liveEligible employees are covered as per the policy terms.
Who should buy Group Personal Insurance?
Group Personal Insurance is ideal for companies, factories, schools, associations and any eligible organisation that wants to give financial protection to its people under one master policy.
Before you buy
Documents you need
- Company registration or GST details
- Employee list with name, age, gender and designation
- Sum insured required for each grade
- Previous policy and claims history, if any
- Nominee details for each employee
- Company address and contact person
Usually not covered
- Injury caused by self-harm or attempted suicide
- Accidents under the influence of alcohol or drugs
- War, nuclear risks and similar perils
- Hazardous sports or activities not declared in the policy
- Treatment or conditions listed under waiting periods
- Any claim not supported by the required documents
Exclusions vary by insurer. Always read the policy wording for the full list of covers, exclusions and waiting periods.
Frequently asked questions
What is Group Personal Insurance and why is it important?
It gives employees financial protection against covered personal risks such as accidental death, disability and hospitalisation, without each person buying a separate policy.
What covers are included?
Depending on the plan: personal accident, group health, group term life and other available benefits.
Who can be covered?
Eligible employees, according to the eligibility conditions of the insurer and the policy.
Is it mandatory for employers?
Not universally. Organisations choose employee-benefit cover according to their needs and applicable rules.
Are pre-existing conditions covered?
It depends on the group health policy. Check waiting periods, exclusions and conditions in the policy wording.
What are the main benefits?
Employees get group benefits and the employer manages everything through one policy.
Can employee categories have different benefits?
Depending on the insurer, different grades can get different benefit levels.
Is maternity covered?
Selected group health policies cover maternity, subject to limits, waiting periods and terms.
Can dependents be included?
Dependent cover may be available under selected group health policies.
How is the premium calculated?
It depends on group size, demographics, selected covers, sum insured, industry risk and claims experience.
Does a larger group get better pricing?
Pricing varies with size and risk profile. The insurer decides the final premium.
Can coverage limits be changed?
Limits are generally selected at policy placement, subject to insurer availability and underwriting.
Can the premium change at renewal?
Yes, based on claims experience, group profile and insurer pricing.
How do I choose the right insurer?
Compare coverage, exclusions, pricing, claims service, network hospitals and policy terms.
Which insurers offer group insurance in India?
Several general, health and life insurers do. Availability depends on the cover required.
Can I compare multiple insurers?
Yes. Comparing helps you see differences in coverage, premium and conditions.
What documents are required?
Company details, employee list, ID documents and previous policy or claims information where applicable.
How long does issuance take?
It varies with group size, underwriting, documentation and insurer processes.
Can employees be added later?
Generally yes, through the insurer's endorsement process, subject to policy conditions.
Who can initiate a claim?
Depending on claim type: the insured employee, nominee, employer or an authorised representative.
What documents are required for a claim?
Claim forms, medical records, bills, identity documents and accident-related documents, depending on the claim.
How long does settlement take?
It depends on the insurer, claim type, documentation and assessment needs.
What is cashless settlement?
For eligible treatment, the insurer or TPA pays covered expenses directly to the network hospital.
Ready to protect your team?
Compare group premiums from multiple insurers in about a minute.