A term life insurance plan for the members of a recognised group is known as a group term life insurance policy. If any group member who is covered by the policy passes away during the policy’s term, a benefit is paid. The policy protects against the risk of premature death. An organisation might adopt the policy to protect its employees based on the employer-employee relationship. Any group that fits the criteria established by IRDAI may also choose it. The policy has a one-year coverage period after which it must be renewed to maintain coverage. Until a person leaves the group, they are still covered under the group term life insurance policy.