Group Health Life Accident CI Dental
Group insurance is when a group of people is gathered for a common reason and hence eligible to buy insurance for all of them at a bulk discount and without major health underwriting.
When a group of people gathered to work at a company, they are the best group to buy group insurance at a very cheap and low rate.
Bosses can use this Group health as a great benefit to their staff at a low costs.
What are Group Health medical, life, CI, dental plans?
There are numerous group insurance that staff and employee loves to have for their company work benefits. Some of group insurance benefits are:-
- Group Life
- Group Medical Hospitalisation
- Group Outpatient GP Visits
- Group Critical Illness
- Group Accident
- Group Dental Care
Advantages of Group Insurance
Bosses can include themselves, their spouses, staff and etc in group insurance because the rates are so much cheaper than individual plans.
- Cheaper compared to individual insurance plans
- No or minor health underwriting when joining the scheme
- Coverage even when you have pre-existing conditions