20 smart questions HRs must ask their brokers before buying group health insurance
Hidden Costs? Ask These 20 Questions Before Buying Group Health Insurance
By Pazcare
May 5, 2025
Group Health Insurance - For the apparel & fashion industry
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Apparel & fashion industry - Overview
The apparel & fashion industry is an ever-changing and vibrant industry. Right from the selection of raw materials, to the production of clothes, the fashion industry does it all. Apparel fashion, more commonly known as mass fashion, caters to the general public while the fashion industry produces high-end pieces of clothing.
The fashion industry changes rapidly from one trend to another. The employees need to really be creative in order to sustain the changing trends. Keeping up with the trends and mass-producing clothes for a wide range of audiences requires a lot of creativity, idea generation, and research. Picking up the right fabric, designing clothes, trials and distribution take up a lot of time and research.
India has over 1.5 Lac companies producing different types of garments for different occasions. Based on employee strength -
- 0 - 100 employees - 2.94 Lac
- 100 - 1000 employees - 1.71 Lac
- 1000+ employees - 1.68 Lac
A very large number of the Indian population is tied with providing valuable and trend-setter pieces of clothes to the general public.
Why buy group health insurance for the apparel & fashion industry employees?
Employees belonging to all industries require group health insurance plans to safeguard and secure their future from any financial problems arising due to medical emergencies.
- Economical plans
Group health insurance is more economical and affordable than individual covers bought by the employees themselves. The premium paid is also reduced because the number of insured persons increases.
- Customized plans
Your group health insurance plan can be customized easily. Simply put, you only pay for what you choose.
- Increased productivity
With a financial security blanket over the employees, they will be more at ease and their efficiency will increase because of the same.
- Employee retention
When an employee feels taken care of in his or her company, the employee retention rate will automatically increase.
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Things to know before buying group health insurance for the apparel & fashion industry
Just like the fashion industry, a lot of options are there to choose from in insurance as well. Keep the following things in mind while comparing different group health insurances offered by the insurance companies.
- Exclusions in the policy
Always check the exclusions in your group health insurance plan to be able to choose add-on benefits if required.
- Inclusions of the policy
Read through the terms and conditions of your insurance policy for a better understanding of the inclusions in your chosen policy.
- Claim settlement ratio
A high CSR means that the insurer you are choosing is reliable. The claim process should also be seamless as it can leave a bad taste in the mouth if not executed properly.
- Add-on benefits
There are many add-on benefits that you can include in your base policy. For example, dental surgery, eye operation, etc can easily be added to your insurance policy.
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For any queries or assistance, reach out to us at any time. We provide 24X7 customer assistance.
Pazcare
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Group health insurance for apparel & fashion industry employees FAQs
What are the eligibility criteria for purchasing group health insurance for employees?
Every working individual above the age of 18 is eligible to be enrolled in a group health insurance policy.
Is maternity cover added to group health insurance?
Yes, it is a part of your group health insurance and if not, you can choose to add it as an add-on benefit.
Is group health insurance important for an employer?
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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