Corporate Insurance
Corporate or Group Insurance provides comprehensive financial security to large organizations against monetary losses incurred due to unprecedented medical, non-medical, travel-related, or accidental contingencies.
- When you choose our plan you get
- Coverage plans which add benefits and lower premium.
- Extensive protection for families as well at affordable rates
- wellness programs and health check-ups
- Health as well as tax benefits, easy claims.
- 21700+ Cashless Providers
- 58 Lakh+Claims Settled
- 24*7Customer Support
-
People trust Care Insurance
Features Of Corporate Insurance
Assisted by an in-house claims settlement team, our Corporate Insurance stands out with the following features:
What is Corporate Insurance?
Corporate Insurance or Group Insurance is a type of insurance known for offering comprehensive insurance coverage to employees of an organization against health, travel and accidental emergencies. It financially secures them against expenses incurred due to unexpected medical exigencies. It also covers medical expenses arising due to accidents or travel related exigencies.
Leadership team of an organisation selects an appropriate group health insurance, group personal accident insurance or group travel insurance for securing their workforce, basis their respective needs. Similar to individual insurance, employers can customize their corporate or group insurance as per their needs, with preferred sum insured, type of coverage, and other features.
Types of Corporate Insurance with Care Health Insurance
At Care Health Insurance, we offer three major corporate insurance policies: Group Health Insurance, Group Travel Insurance, and Group Personal Accident Insurance. You can read more about the coverage, benefits, and cost of these corporate policies below:
- Group Health Insurance
Comprehensive health coverage for your workforce
- Group Personal Accident Insurance
Comprehensive accidental cover for employees
- Group Travel Insurance
Comprehensive travel security for business trips
Group Health Insurance
Comprehensive health coverage for your workforce
- Customized coverage
- No Waiting Period
Group Personal Accident Insurance
Comprehensive accidental cover for employees
- Coverage for Partial & Permanent Total Disability
- Accidental Hospitalization Coverage
Group Travel Insurance
Comprehensive travel security for business trips
- Customizable Policy Benefits
- Trip Delay and Trip Cancellation Coverage
Who can Buy Corporate Insurance ?
Our Corporate/Group Insurance policies secure organisations irrespective of their type or size. Whether it’s private, public, NBFCs, HFCs, cooperative, MNC, or SME, we serve companies with innovative insurance products that can be customized as per the organization’s headcount, desired healthcare benefits, sum insured preferences etc. Mentioned below are some eligibility criteria for companies to be insured under our group covers:
Number of lives to be insured in an organization should be at least 7.
The company should fall under any of these categories: MNC, SMEs, Public companies, PSUs, Private and MNC Banks, NBFCs, HFCs, Joint ventures or Partnerships.
We offer comprehensive, standard coverage for all the employees in an organisation, with customizable options for Sum Insured according to the policy terms.
Please refer to the policy terms and conditions for complete details on eligibility criteria.
Benefits of Group Insurance
- For Employees
- For Employers
No Pre-policy Medical Check-up
Our corporate policy covers employees (and opted dependants) from day 1 with no pre-policy medical check-up. This eliminates any delay in coverage.
Digitally Accessible Portal
Employees can easily access all information related to their coverage, sum insured, network hospitals and more through our digital portal/mobile app.
Online Health Risk Assessment
We help employees check their health status using ‘Health Risk Assessment’ tool on our digital portal.
Comprehensive Coverage
Our corporate policy offers comprehensive coverage for hospitalization, day care surgeries, covers non-medical & travel related contingencies as well.
Corporate Buffer Available
In critical cases where the claim amount exceeds sum insured, we provide adequate corporate buffer to employees.
Paperless Claim Processing
We have an innovative, technology-driven healthcare portal that simplifies claim processing for employees. From claim intimation to settlement, the entire process can be managed efficiently within a few clicks.
Customizable Benefits
Employers can modify policy benefits, sum insured and policy term according to the needs of majority of their employees.
Tax Benefit
Employers can avail tax exemptions under Income Tax section 37 (1) for premium payments made under business expenses.
Competitive Pricing
We ensure employers are able to secure lives of their employees and their dependents at affordable costs with wide-ranging innovative benefits.
Wellness Engagement Activities
To promote overall wellness & good health of employees, we organise health check-up camps health insurance awareness sessions/talks and offer attractive discounts via discount connect, at no added cost on premium.
Employee Retention
Wide coverage, quick claim settlement and value added wellness programs help our clients retain manpower by providing them access to quality healthcare.
Dedicated Relationship Manager
We help organisations at every step, from understanding benefits of a plan, to customizing and on-boarding it, every stage is well assisted by a dedicated relationship manager
Claim Process
- Cashless
- Reimbursement
Locate a Network Hospital & Intimate Us
For Planned Hospitalisation intimate us at least 48 hours prior
For Emergencies intimate us within 24 hours of hospitalisation
Find a network hospital near you and visit the TPA desk.
Submit Pre-Authorization Request
Fill out the pre-authorization request form at the TPA desk. We'll notify you about the acceptance or rejection status.
Get Treated and Discharged
Fill out the pre-authorization request form at the TPA desk. We'll notify you about the acceptance or rejection status.
Intimate and Get Treated
For Planned Hospitalization intimate us at least 48 hours prior
For Emergencies intimate us within 24 hours of hospitalisation
Get treated at any hospital, pay the bill & collect the original reciepts.
Submit Claim
After discharge, fill out the claim form and submit it along with the receipts and necessary documents
Receive Reimbursement
We will verify your documents. Once approved, the claim amount will be transferred to your bank account.
Fast. Reliable. Always On Call.
Emergency? Our advanced ambulance services ensure timely assistance when you need it the most. Available 24/7 for your safety and peace of mind.
Documents Required for Claim Processing
Similar to a personal health insurance, claim reimbursement for your corporate policy also requires submission of essential documents along with the claims form. Below is the list of documents required:
- Original hospital reports, doctor’s consultation, prescription, medical tests, etc.
- Original documents of hospitalization, doctor’s consultancy report, pharmacy bills, diagnostic test reports, medical bills, etc.
- Original receipts of amounts paid (if any) by the insured
- Copies of the insured’s ID card
- The primary insured’s bank details
Please note, employees should be active on the email address shared during claim filing. They need to respond to queries raised by the claims team.
Things to Consider While Buying Corporate Insurance
In an effort to provide access to quality healthcare, we support employers in making an informed decision while choosing a corporate insurance that best suits the needs of their employees
Categorising the needs
An organization includes people from all walks of life. Principal/head of a company should categorize insurance needs of all employees based on their age, present health condition and history.
Categorising the needs
An organization includes people from all walks of life. Principal/head of a company should categorize insurance needs of all employees based on their age, present health condition and history.
If you have Dependent Family Member
A high claim settlement ratio, number of claims settled and vast network of healthcare providers are essential factors to evaluate an insurer’s credibility.
