What are the features of Group Term Life Insurance Plans?

By IndianMoney , 11 months ago
Features of group life insurance schemes- 1. A large number of people will be covered in a single policy. 2. Group term life insurance schemes are cheaper when compared to individual policy cover. 3. There should be at least a minimum 50 members in the group. 4. Members can be added and removed at any time.
Trending Questions
Recent Questions
Related Questions
- What is Home Insurance?
- Will "Acts of God" cover under Home insurance Policy?
- Are my possessions covered if its away from home?
- What factors go into determining the premiums for a homeowner?s policy?
- Will my tenant's items be covered by my homeowners policy?
- Will Jewellery items be fully covered under my homeowners insurance policy?