Group Health Insurance - For the food & beverages industry

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Number of Employees

*Value should be between 2 and 500

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Total estimated yearly premium

*only basic terms and conditions applied

₹ 100,000

₹ 5,000 per life

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	Median Fixed Cover			Maternity Cover
	Rs 3 Lac sum insured			Yes
	OPD Cover			Doctor Consultations
	No			Yes

	Wellness programs			Type of policy
	Weekly			Employee only, Employee, Spouse, Children / Employee, Spouse, Children, Parents/in-laws


	Median Fixed Cover
	Rs 3 Lac sum insured
	Maternity Cover
	Yes

	OPD Cover
	No

	Doctor Consultations
	Yes

	Wellness programs
	Weekly

	Type of policy
	Employee only, Employee, Spouse, Children / Employee, Spouse, Children, Parents/in-laws

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Food & beverage industry - Overview

The food and beverage industry can easily be called an innovative industry. It is a large industry that aims to produce unique ideas to the table, quite literally. The food industry is very diverse as it caters to people belonging to different cultures and religions. It is a booming industry as there is so much to explore and innovate with.

Food is a basic necessity of every living being. And with the culture of fast food increasing, the importance of the food and beverage industry is on the rise! Raw food comes under the agriculture industry but the food & beverage industry consists of the overall production and packaging of food as well. It is in turn also connected to the retail industry as the distribution of cooked food in restaurants and packaged food in retail outlets are also part of this industry.

Around 1.65 Lac companies are engaged in the food & beverage industry in India. With 2.8 Lac people employed in companies with 0 - 100 employees. While 3.04 Lac employees work in companies having 100 - 1000 employees, there are 2.35 Lac employees working in companies with over 1000+ employees

Why buy group health insurance for the food & beverage industry?

Every working individual should be provided with group health insurance as it benefits them in more ways than one. Since medical emergencies can knock at your door at any time, it is important to be prepared.

Tailor-made benefits

Your group health insurance is customizable. In other words, you pay for what you choose.

Financial assistance

Offering group health insurance to your employees will secure them from any financial need during a medical urgency.

Employee retention

Offering your employees' group health insurance on top of their salary structure will help in improving the employee retention rate.

Job satisfaction

Having health benefits is proven to play a great role in employee satisfaction.

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Things to know before buying group insurance for the food & beverage industry

Group health insurances are available in abundance in the market. But choosing what is right for your employees is crucial. Following are some of the parameters to compare the insurances.