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Corporate Employee Benefit Scheme

SKU: Categories: Services

Corporate Employee Benefit Scheme

Corporate Employee Benefit Scheme

Employee benefit scheme or ‘Corporate Insurance’ is an insurance that covers a group of people, usually who are the members of societies, employees of a common employer, or professionals in a common group Group coverage can help reduce the problem of adverse selection by creating a pool of people eligible to purchase insurance who belongs to the group for reasons other than for the purposes of obtaining insurance In other words, people belong to the group not because they possess some high risk factor which makes them more apt to purchase insurance (thus increasing adverse selection) instead they are in the group for reasons unrelated to insurance, such as all working for a particular employer The products include and not limited to

• Group Term Life
• Group Hospitalization and Surgical Plan
• Group Personal Accidents
• Special Corporate GMBIS Corporate

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