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WHAT IS A GROUP RIDER?

Group riders provide essential coverage to employees or members of a group, extending benefits beyond individual policies. These riders offer a blend of protection and financial security for everyone in the group, ensuring collective well-being in case of unforeseen circumstances. With features like supplementary life cover, accident care, and health protection, group riders enhance the core benefits of your insurance plan, offering peace of mind for all members.

Group riders provide essential coverage to employees or members of a group, extending benefits beyond individual policies. These riders offer a blend of protection and financial security for everyone in the group, ensuring collective well-being in case of unforeseen circumstances. With features like supplementary life cover, accident care, and health protection, group riders enhance the core benefits of your insurance plan, offering peace of mind for all members.

HOW IT HELPS YOU

Top features of Group Rider

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    Enhanced Coverage

    Add protection to the base policy for the entire group, offering benefits like accidental death or critical illness coverage.

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    Affordable Group Premiums

    Group riders are usually offered at a lower cost due to the collective coverage, making them a cost-effective option for both employers and employees.

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    Lump Sum Payout

    In case of unforeseen events, group riders provide a lump sum payout to support the financial needs of members and their families.

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    Customizable Options

    Employers or group leaders can select the appropriate rider based on the needs of the group, whether it's for life coverage, critical illness, or accident care.

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    Easy Enrollment

    Riders can be added to the group policy seamlessly, allowing all members to benefit from enhanced protection without individual underwriting.

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    Tax Benefits

    Group premiums and rider-related benefits may be eligible for tax deductions under applicable tax laws, benefiting both the employer and the employees.

REASONS TO INVEST

Show your people how much you care

EXPLORE GROUP RIDER

Plan for their dream to become a reality

HAVE ANY DOUBTS?

FAQ’S related to Group Rider

Group riders are additional coverage options that can be attached to a group insurance policy to provide enhanced benefits like life cover, critical illness, or accident protection for all members of the group.

Group riders provide an affordable way to offer comprehensive coverage to a large group, ensuring financial security for all members while keeping premiums low.

Common group riders include Accidental Death Benefit Rider, Critical Illness Rider, Health Insurance Rider, and Permanent Disability Rider.

Group riders are added to the primary group insurance policy, extending extra benefits to all members without needing individual policies for each.

Yes, group riders can usually be added to an existing policy to extend additional benefits to all members.

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