Top 10 Insurtech Companies in India Revolutionizing the Insurance Industry
Explore our curated list of the top 10 insurtech companies in India.
May 28, 2023
Total estimated yearly premium
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₹ 5,000 per life
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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 -
A very large number of the Indian population is tied with providing valuable and trend-setter pieces of clothes to the general public.
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.
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.
Your group health insurance plan can be customized easily. Simply put, you only pay for what you choose.
With a financial security blanket over the employees, they will be more at ease and their efficiency will increase because of the same.
When an employee feels taken care of in his or her company, the employee retention rate will automatically increase.
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.
Always check the exclusions in your group health insurance plan to be able to choose add-on benefits if required.
Read through the terms and conditions of your insurance policy for a better understanding of the inclusions in your chosen policy.
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.
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.
For any queries or assistance, reach out to us at any time. We provide 24X7 customer assistance.
Every working individual above the age of 18 is eligible to be enrolled in a group health insurance policy.
Yes, it is a part of your group health insurance and if not, you can choose to add it as an add-on benefit.
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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