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What is the Difference Between Individual Health Insurance and Family Floater

Health insurance has never been more important than now. Rising healthcare costs and a global pandemic, can lead to unforeseen expenses for you. Availing a medical insurance can safeguard your finances by covering all the hospitalization charges. This way you can make cashless claims and save yourself from out-of-the-pocket payments. When you choose healthcare insurance, the terms individual and family floater insurance often gets tossed around. Know the differences between these policies, to make an informed decision. Individual Health Insurance Individual policies mean

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5 Value Added Benefits Your Group Life Insurance Policy Can Offer

With group life insurance, employers can assure their employees of financial assistance to their beneficiaries, in case of an eventuality, at a much lower cost than individual policies. It can be a huge factor in driving employee satisfaction. They can work with peace of mind that should anything happen to them, their families will be remain financially secure. This can promote a sense of loyalty towards the company, resulting in increased productivity. Group life insurance can be customised to offer

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Group Medical Insurance: How to Customise Benefits as per Your Organisation’s Needs

Whether you run a well-established company or a small business, group medical insurance can ensure employee satisfaction and drive loyalty. Comprehensive group health insurance is cost-effective and includes add-ons and extra benefits. However, a plan such as this can truly benefit your company if you can customise it as per your requirements. For this, you first need to have a detailed understanding of your employees’ needs, their age range and your budget. Here are some pointers, based on which your

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5 Major Benefits of Group Medical Insurance

Group medical insurance is beneficial in several ways. Firstly, it allows you to provide an important and legally mandatory employee benefit in the UAE at lower cost. The risk is evenly distributed among all employees. Moreover, these plans can be bought without tedious paperwork or formalities, making them popular in the corporate world. Partnering with the right insurer can help you pass on several benefits to your employees. Take a look. 1. Cashless Hospitalization Across a Wide Network of Hospitals A wide network

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Difference between Group Life Insurance and Individual Life Insurance

Providing group life insurance as an employee benefit can offer several advantages to your company. When employees receive such benefits from their employer, it can lead to greater loyalty towards the company, increased productivity and higher employee retention. It also helps to attract better talent. Moreover, your company and employees benefit from the lower premiums for group policies. If you are wondering whether a group policy can provide any added benefit over an individual life insurance policy, the answer is yes,

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Have 10 or more Employees? You Can Still Buy Group Medical Insurance

The UAE has one of the most developed healthcare infrastructures in the world, ranking among the top 10 in the world in 2018. To ensure proper access to effective medical treatment for all, both Dubai and Abu Dhabi have made it mandatory for companies to provide compulsory group health insurance to employees. In Dubai, the final phase of the mandatory Essential Benefits Plan (EBP), rolled out by the DHA, was concluded in June 2016. With this, employers with less than 100

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