Group Term Insurance plans

Affordable group life cover that protects your employees' families under one policy.

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6 Group Term Insurance plans
6 Insurers
Free Expert advice

Top Group Term Insurance options for you

Use filters to narrow down 6 sample plans from 6 insurers. Premiums shown are indicative.

Popular

Group Term Life

SBI Life

Cover ₹10 Lakh per employee
Premium ₹100/month
  • Affordable life cover for employees
  • Simple enrolment via employer
  • Optional accidental death rider

Group Credit Life

HDFC Life

Cover ₹15 Lakh per employee
Premium ₹125/month
  • Covers outstanding loan balance
  • No individual medical tests
  • Flexible cover matching loan tenure

Group Term Plan

ICICI Prudential Life

Cover ₹20 Lakh per employee
Premium ₹150/month
  • Higher cover for senior employees
  • Terminal illness benefit
  • Easy claims process for HR teams
Best value

Group Protection Plan

Max Life Insurance

Cover ₹8 Lakh per employee
Premium ₹75/month
  • Low-cost mandatory cover
  • Quick onboarding for new hires
  • Accidental death benefit included

Corporate Term Cover

Tata AIA Life

Cover ₹25 Lakh per employee
Premium ₹183/month
  • Enhanced cover for leadership teams
  • Waiver of premium on disability
  • Dedicated relationship manager

Group Life Secure

Bajaj Allianz Life

Cover ₹12 Lakh per employee
Premium ₹108/month
  • Simple group enrolment
  • Family nomination facility
  • Competitive group rates
Affordable life cover for whole teams
Single policy for all employees
Simple enrolment & administration
Optional accidental & disability riders

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