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Group Term Life, Real Peace of Mind

Group term life insurance for every stage

Key Benefits

Affordable Group Coverage

Affordable Group Coverage

High protection at low premiums — cost-effective for employers and employees.

Tax-Smart Benefits

Tax-Smart Benefits

Enjoy tax savings under Sections 10(10D) & 37(1) for both employees and employers.

Family Financial Security

Family Financial Security

Lump sum payout to nominees ensures loved ones stay financially protected.

Plans

HDFC Life logo

HDFC Life

Group Term Insurance Plan

Premium: ₹250/year*/member

Coverage Amount: ₹1–50 Lakhs/member

  • Affordable life cover for employees/members under a single policy
  • Immediate financial support for nominee on member's death
  • Flexibility to define sum assured per employee tier or salary
  • Hassle-free onboarding with simplified documentation
  • Tax benefits for both employer and employee
Axis Max Life logo

Axis Max Life

Group Secure Plan

Premium: ₹300/year*/member

Coverage Amount: ₹5–75 Lakhs/member

  • Comprehensive group protection with flexible sum assured
  • Covers natural, accidental and critical illness deaths
  • Option for single or renewable annual premiums
  • Add-on riders for enhanced protection
  • Ideal for MSMEs, corporates and associations
ICICI Prudential logo

ICICI Prudential

Group Term Life Plan

Premium: ₹275/year*/member

Coverage Amount: ₹2–100 Lakhs/member

  • Scalable protection plan tailored for companies and institutions
  • High sum assured options with minimal medical requirements
  • Coverage for all employees under one umbrella policy
  • Option to include spouse cover or accidental riders
  • Streamlined claim process and strong settlement record
Reliance Nippon logo

Reliance Nippon

Group Term Assurance Plan

Premium: ₹240/year*/member

Coverage Amount: ₹1–50 Lakhs/member

  • Fixed benefit payout on member's death during policy term
  • Customizable coverage structure based on salary or designation
  • Ideal for employers, microfinance and informal groups
  • Quick issuance with minimal eligibility norms
  • Tax-deductible premiums under Section 37(1)
IndiaFirst Life logo

IndiaFirst Life

Group Protection Plan

Premium: ₹260/year*/member

Coverage Amount: ₹2–60 Lakhs/member

  • One policy to protect all members with adjustable coverage
  • Death benefit payable to nominee tax-free under Section 10(10D)
  • Flexible premium payment: single or renewable
  • Option to extend to family/dependents
  • Easy policy administration for employers
PNB MetLife logo

PNB MetLife

Group Term Life Plus Plan

Premium: ₹280/year*/member

Coverage Amount: ₹5–80 Lakhs/member

  • Life cover for employer-employee and affinity groups
  • Guaranteed payout on death during coverage period
  • Option to add critical illness or accidental death riders
  • Designed for corporates, SMEs and financial institutions
  • Simple issuance, renewals and member addition/removal

Frequently Asked Questions

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We work with the industry's most reputable insurance providers to bring you the best coverage options

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