What's The Minimum Employees Required For Group Health Insurance?

As per Insurance Regulatory and Development Authority (IRDA), a company with 7 lives is the minimum requirement of employees to get group...

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Frequently Asked Questions

What is the minimum number of employees required for group health insurance in India?

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As per IRDAI, 7 lives minimum (can include family members), but insurers may set higher thresholds.

Is group health insurance tax-exempt?

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Yes. Premiums paid by employers are treated as business expenses.

Is group health insurance important for an employer?

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Yes, group health insurance is important for an employer as it will help the company in retaining employees, generate goodwill and improve the brand image.

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