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Large companies routinely invest in group insurance policies for risk management. One of the most affordable health insurance plans in the market, group health insurance, are mandatory for small and medium enterprises (SMEs) in the UAE too. Due to the many benefits provided by these plans, they act as vital tools to attract and retain employees. Let’s take a look at various ways group medical insurance can benefit SMEs. 1. Customisation of Policies For a small company, a group medical insurance policy

Health insurance provided by an employer can boost employee morale as well as increase the employee retention rate. It gives employees a sense of security and the satisfaction that they work for a company that cares about their well-being. Moreover, if you are operating in Abu Dhabi, Dubai or anywhere else in the UAE, you are legally required to provide health insurance coverage to your employees and their dependents. With health insurance as a part of your compensation package, it can