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
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The hospitality industry is the umbrella term for the service industry which includes tourism, hotels, lodging, restaurants, bars, etc. it caters to serving people through its myriad services. It is one of the fastest developing industries because of its nature.
The hospitality industry provides its services far and wide. Their primary goal is to accommodate customers and make their stay/ time enjoyable with their services. There are a number of employees involved in making the hospitality industry a success. More than 3.5 Lac companies are present in India that take care of the hospitality industry. Around 4.07 Lac people are employed in companies with 0 - 100 employees. Additionally, 3.04 Lac and 3.09 Lac people work for companies with 100 - 1000 and 1000+ employees.
Group health insurance is a great way to boost your employees’ morale and for employers alike. The employees can also include their family members including their spouse, children, and parents/ in-laws.
You can customize your group health insurance policy according to your requirements. In simple words, you pay for what you choose.
Offering group health insurance on top of salary will create a sense of goodwill and attract talents from a wider range.
Your employees are more likely to stick with your company if they are getting health benefits and other incentives as well.
You can claim tax benefits if you pay towards group health insurance premium for your employees.
With the advent of the insurtech sector, you can easily buy insurance from the comfort of your home. You might get overwhelmed by the number of options available in the market, but there are some things you can keep in mind to make the purchasing decision easier.
The CSR is simply the number of claims settled to the number of claims received. It proves the credibility of the insurer.
A long list of network hospitals means that your employees can easily locate one near their location.
You can add many other benefits to your base policy at a minimum premium amount. Make sure to check the add-on benefits while purchasing a group health insurance policy.
Adding new employees should be a hassle-free process. Choose an insurer that does not involve a third-party administrator.
For any queries or assistance, reach out to us at any time. We provide 24X7 customer assistance.
Every employee above the age of 18 is eligible for group health insurance.
Providing health benefits to your employees will help you retain them for a longer period of time. The employees will feel comfortable in their jobs and their productivity will not be hampered in times of emergency.
Yes, there are some exclusions in group health insurance policies like cosmetic surgeries and self-harm. You must check with your insurer to check the exclusions in your policy.
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