Corporate insurance
Employee Benefits
Group health, accident and life cover that helps you look after your people — and support for HR when they need it.
Who is it for?
Is employee benefits cover right for you?
- Startups setting up their first employee benefits
- SMEs and corporates reviewing existing group covers
- HR teams that need help with enrolment, endorsements and claims
- Employers wanting to extend cover to employees' families
What does it help protect?
The risk, in plain English
Group insurance helps employers attract and retain people by protecting them and their families against medical, accident and life risks.
A well-designed programme balances what employees value, what the company can budget and how the policy will be serviced through the year.
Key cover areas
What a policy typically includes
Cover differs between insurers and plans. These are the areas we walk you through — the policy wording always decides.
Group Mediclaim (GMC)
Hospitalisation cover for employees and, if chosen, their dependants.
Group Personal Accident (GPA)
Accidental death and disability benefits for employees.
Group Term Life (GTL)
Life cover for employees, typically linked to salary or a fixed amount.
Optional benefits
Depending on the insurer, options such as maternity, parental cover or top-ups.
What to check
Read this before comparing premiums
The cheapest policy is rarely the one that serves you best at claim time. These are the terms we always check with you.
- Family definition
- Who is covered — spouse, children, parents — and age limits.
- Sub-limits and co-pay
- Room rent caps, disease-wise limits and parental co-payments.
- Waiting periods
- Whether waiting periods and pre-existing condition exclusions are waived.
- Claims experience
- Past claims affect renewal terms — review them every year.
- Enrolment and endorsements
- How new joiners and leavers are added and removed during the year.
How Finmirai helps
Advice before you buy. Support after you do.
As your broker, our job is to understand your need, explain options honestly and stay with you for servicing and claims.
- Understand your workforce, budget and benefit goals before designing the programme.
- Approach insurers with clear data and compare terms, not just premium.
- Support employee communication and onboarding to the policy.
- Handle additions, deletions and endorsements through the year.
- Provide claims guidance to employees and review claims experience before renewal.
How it works
- 1
Tell us
Share your requirement by form, call or WhatsApp.
- 2
Understand your need
We ask the questions that shape the right cover.
- 3
Compare options
We identify suitable options and explain the differences.
- 4
You choose
You decide, with clarity on cover, exclusions and cost.
- 5
Policy issued
We help with proposal, documentation and issuance.
- 6
Ongoing service
Renewals, changes and claims guidance through the year.
FAQs
Employee Benefits: common questions
How many employees do we need for group insurance?
Insurers set their own minimum group sizes, and some offer products for small teams. Share your headcount and we will tell you what is practical.
Can employees' parents be covered?
Many group policies allow parental cover, sometimes with a co-payment or employee contribution. It is a design choice that affects premium.
Are pre-existing diseases covered in group mediclaim?
Group policies can waive waiting periods and cover pre-existing conditions from day one, depending on the terms negotiated with the insurer.
What happens to an employee's cover when they leave?
Group cover generally ends when employment ends. Some insurers offer options to convert to an individual policy — employees should check before leaving.
Who helps employees with claims?
We support HR teams and employees with claim guidance and follow-up with the insurer or its administrator, within the broker's role.
Request a consultation
Talk to us about employee benefits cover
Share a few details and an advisor will contact you. There's no obligation to buy.
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