Employee Benefits
Credit Life
Group Credit Card Term Insurance Protection Plan & Credit Shield Plus
Group Health Plus
Group Life Protector Plus
Group Single Premium Mortgage Reducing Term Insurance Plan / Group Regular Premium Mortgage Reducing Term Insurance Plan
Group Single Premium Personal Loan Reducing Term Insurance Protection Plan / Group Regular Premium Personal Loan Reducing Term Insurance Protection Plan
Retirement
Group Health Plus


Group Health Plus is offered to the customers/members of Employers, Banks, Financial Institutions and other business concerns through a group insurance policy issued to the organization, who is called the Group Policyholder. Customers/Members of the organization are enrolled on either voluntary or compulsory participation basis under the group insurance policy as individual insured members.

A minimum of 50 members are required to avail this group insurance policy. Under voluntary, a minimum of 10% participation of customers/members is required at inception, wherein a new customer/member should join the plan within 45 days of joining the group, and will not be allowed to join the plan thereafter. Under compulsory option, membership is compulsory for all new customers/members of the group policyholder.

Unique Features

  • Coverage for 12 Critical Illnesses
  • Competitive group premium rates
  • Flexible Sum Insured from Rs. 25,000 to Rs. 5,00,000
  • Flexible short to medium term options - 3 / 4 / 5 years
  • Easy Enrollment - Simple Enrolment Form, No Medical Examination
  • One time premium payment, no renewal premium

Benefits

  • Unique product - Single Premium Group Health Plus Insurance Plan
  • Lump sum Payment on diagnosis of any covered Critical Illnesses
  • 24/7 Worldwide coverage
  • Tax Exemption for premium paid under the Income Tax Act, Section 80 D

Eligibility

  • All full-time, actively-at-work, permanent employees or employees on probation intended to become permanent on completion of probation between the age group of 18 to 64 years are eligible.

12 Critical Illnesses Covered

  • Cancer, Stroke, Heart Attack, Coronary Bypass Surgery, Chronic Renal Failure, Major Organ Transplant, Aorta Surgery, Benign Brain Tumor, Heart Valve Surgery, Paralysis, Parkinson's Disease, Total Blindness


  • Note: Please refer to the Schedule of Critical Illnesses in the product brochure for details.

Eligibility, Sum Insured & Term

  • Group Health Plus is offered to the customers/ members of the Group Policyholder with age between 18 to 55 years upon completion of the enrolment requirement.
  • Customer/member can select the sum insured and the term to suit his financial planning needs.


  • Sum Insured: In units of Rs. 25,000 up to a maximum of 20 units i.e. Rs. 5,00,000

    Term: 3 / 4 / 5 years

Waiting period

  • The insured can avail the insurance benefit for any covered Critical Illnesses occurring after 180 Days of the date of commencement or date of reinstatement, whichever is later subject to the terms and conditions of the policy. The insurance benefit will be paid after the survival period of 30 days.
  


Want to know more?


UIN - 110N058V01
Contact Us
For further information on our corporate products, Please contact our Corporate Sales Department at
1-800-11-9966.
Email:
gmdindia@tata-aig.com
creditindia@tata-aig.com
These Products are supported by the
Group Management Division