The Employer-Employee Insurance Scheme is designed to provide comprehensive financial protection for employees and their families. By offering such schemes, companies can ensure the security of their employees’ loved ones in the event of their death, acting as a powerful retention tool and enhancing overall employee morale.
Why Choose Employer-Employee Insurance Scheme?
- Boost Employee Morale: Show your commitment to employees’ well-being, which can lead to increased productivity and loyalty.
- Attract and Retain Talent: Use the insurance scheme as a compelling benefit to draw in top talent and keep current employees.
- Financial Security: Secure the financial future of employees’ families, providing peace of mind.
- Lower Tax Liability: Potentially reduce employer tax liability with well-structured insurance plans.*
- Customizable Plans: Tailor insurance coverage to meet the specific needs of your organization and employees.
ABSLI Employer-Employee Insurance Scheme Plan (Group Insurance Plan):
- Talent Attraction and Retention: Acts as a strong tool for attracting and retaining high-quality employees.
- Family Financial Security: Ensures financial protection for employees’ families in case of unforeseen events.
- Tax Efficiency: Helps in lowering the tax burden for employers through efficient planning.
- Custom Solutions: Offers customizable plans to fit diverse requirements.
Benefits of Employer-Employee Insurance Scheme:
- Comprehensive Coverage: Provides a safety net for employees and their families.
- Enhanced Employee Well-being: Contributes to employees’ overall job satisfaction and security.
Available Riders:
- ABSLI Accidental Death Rider (UIN 109B004V04): Customizes group insurance to provide financial protection in the event of permanent disability due to an accident.
- ABSLI Accidental Death and Dismemberment Rider (UIN 109B005V04): Offers additional financial protection for permanent disability resulting from an accident.
- ABSLI Term Rider (UIN 109B007V04): Provides financial security for employees’ families in case of their death.
- ABSLI Total and Permanent Disability Rider (UIN 109B010V04): Adds extra financial support in the case of permanent disability.
- ABSLI Group Comprehensive Critical Illness Rider (CCI) (UIN : 109B040V01): Adds protection against critical illnesses, with options for different levels of coverage based on the number of covered conditions (e.g., CI-4, CI-10, CI-15, CI-25, CI-50).
Additional Information:
For more details on riders and customization options, refer to the detailed brochures or visit our website.