Invest in a group insurance policy for employees, invest in smiles.

In The joint efforts of a team, of efficient employees lies the secret to success. Therefore a group insurance policy more than being a necessity is an added perk to attract qualified and talented individuals to join your company. It is not any more mandatory to provide with a medical insurance as per law. Group insurance is economical and also covers many types of preventative care. Facts suggest that majority of the people below the age of 65 have been insured under the group insurance cover. This acts as a motivation for the employees and also increases the trust and loyalty factor. Offering a group insurance policy means benefits for both, the employees as well as the employers. When an insurance cover is provided it puts across the image of the company as a strong one which is capable of offering benefits. A group insurance for employees can be beneficial for individuals as in case of individual policy there might be chances of being eligible or ineligible for it. Providing a group insurance always increases the employee retention ratio. When an employee is relieved of the burden of medical and uncertainties of life, he/she works with more dedication and thinks twice before making a switch in his job. Group insurance is notably cheaper than individual policies and therefore is more preferable. It is always better to get the best quotes by consulting an insurance broker. Plus, investing in an insurance cover also provides tax benefits. One advantage as an employee is that, no matter what the pre existing conditions are, he/she will not be rejected for the group cover. There are a number of services and companies available in the present day, which makes it very easy for the individuals to get confused and therefore it is wise to compare products available and then finalise on one of the service which will work the best for your company.