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Group Insurance

Employee health, group term, and accident cover for SMEs — partner panel covers 10-employee teams to 5,000-strong workforces.

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Why Group Insurance via Praarabdh

Right-sized, not over-sold

Many insurers push expensive base plans then bolt on costly riders. We start from your headcount + claim history and reverse-engineer the optimal sum insured.

Claims TPA accountability

We route claims via the partner's TPA but track the SLA. If the TPA stalls, we know which partner has a panel-doctor who can fast-track the case.

HR-friendly onboarding

Endorsement + maternity-add + family-floater requests handled by us, not your HR team. Free up your HR for actual people work.

Top 3 partner options — Group Insurance

ICICI Lombard Group

100% cashless
10+ employee min
Best for tech/services

HDFC Ergo Group

Maternity cover from year 1
20+ employee min
Best for young workforce

Niva Bupa Group

Wellness benefits included
50+ employee min
Best for scaled teams

Indicative figures. Actual offer depends on your profile. Praarabdh is a Data Fiduciary under the DPDP Act, 2023.

Group Insurance — frequently asked

What's the minimum group size?

Most partners need 10 employees minimum for Group Mediclaim. Group Term Life can start at 5 lives in some plans.

Is it cheaper than individual policies?

Per-life premium is typically 30-50% lower than individual cover because the insurer pools risk across the group. The trade-off: cover ends when the employee leaves; some plans offer portability to an individual policy.

Can we add family members?

Yes — most Group Mediclaim plans allow spouse, children and parents as dependants, paid by employee voluntary contribution or fully by employer. We help you set up the deduction structure.

Tax treatment for the company?

Group premium is fully deductible as a business expense under section 37(1) of the Income Tax Act. GST on group premium is also input-tax-creditable.

Ready to apply for Group Insurance?

One short form. We compare the panel for your profile. A real Praarabdh advisor calls within 48 hours.

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