Insurance for Teams
Health, accident and life cover that shows your employees they’re valued — plus protection for the leaders who drive your business
Expecting the Unexpected
As enterprises, expecting the unexpected can be a part and parcel of the unavoidable daily grind. Protecting your employees and team members against potential risks is obviously a clear-cut number one priority.
Employee Benefits That Cover Every Risk
The three pillars of a complete employee protection program — health, accident and life
Group Health Insurance (GMC)
Cashless hospitalization cover for your employees — with options to extend to spouse, children and parents. Includes maternity benefits, pre & post hospitalization expenses, and day-one coverage with no waiting periods.
Group Personal Accident (GPA)
24x7, worldwide protection against accidental death and disability. Covers permanent total or partial disablement with sum insured typically linked to salary, plus optional weekly benefits during recovery.
Group Term Life Insurance (GTLI)
Pure life cover that secures your employees' families against the unthinkable. Can be structured to meet EDLI obligations, often at better cover levels and lower cost than the statutory scheme.
Support Your Most Valuable Asset
At Finzip, we recognize that your employees are a valuable asset to your business. That’s why we offer comprehensive group health, personal accident and term life plans — bundled or standalone — to keep your team protected and productive.
Protect the People Who Run the Business
Your leadership carries risks employees don’t. These covers protect the company — and the people at the top — from decisions, disputes and the loss of key talent.
Keyman Insurance
A company-owned life cover on founders and critical executives. If a key person is lost, the payout helps the business absorb the financial shock and keep operations running.
Directors & Officers (D&O)
Shields your directors' and officers' personal assets against claims arising from management decisions — from shareholders, regulators, employees or third parties.
Professional Indemnity
Protects your business against claims of negligence, errors or omissions in the professional services you deliver. Essential for IT, consulting, healthcare and other service businesses.
Looking to protect property, liability and other business assets too? Explore Asset Protection
Why Choose Finzip for Group Insurance?
Comprehensive Coverage
Tailored plans to fit your business needs
Employee Wellbeing
Promote a healthier, more productive workforce
Quick Claims Process
Smooth and hassle-free claim settlements
Expert Support
Dedicated team to assist you and your employees
Ready to protect your team and your leadership?Get started today.
Our team of experts can combine group health, personal accident, term life and leadership covers into a single plan built around your business. Our claims process is smooth and hassle-free, giving your employees peace of mind.
Frequently Asked Questions
How many employees do we need before we can buy group cover?
Most Indian insurers set the threshold at around seven employees, though it varies and some will consider smaller groups case by case. Below that, individual or family floater policies are usually the practical route. The count is based on employees on the payroll rather than contractors, and the insurer will ask for a census file to confirm it.
What will it cost us?
Group premiums are underwritten against your specific employee census, so there is no list price and no honest intermediary will quote one before seeing your data. The main variables are the average age of the covered population, the family definition you choose, the sum insured, your prior claim ratio, your industry risk class and where your people are located.
How long does it take to get cover in place?
For a straightforward first policy the timeline is usually days rather than weeks, and it is driven mostly by how quickly you can produce a clean employee census. Quotes typically come back within a few working days of complete data, and issuance follows once terms are agreed and the premium is funded.
Which insurers can you place our cover with?
Finzip is registered with IRDAI as a Corporate Agent (Composite), which permits us to place business with up to nine insurers in each category — life, general and health. We bring you options from that panel rather than a single insurer’s products.
Do you charge us a fee?
No. Finzip Private Limited is an IRDAI-registered Corporate Agent (Composite), registration number CA0985. The policy is issued by the insurer, and Finzip is remunerated by that insurer in accordance with IRDAI regulations. You pay the premium set by the insurer and nothing separately to Finzip.
Who administers the policy once it is live?
Finzip does. That covers adding and removing employees by endorsement, reconciling the CD balance, distributing e-cards, and supporting your team through claims. Claims themselves are decided and settled by the insurer or its third-party administrator.
