Type: Corporate Insurance | Category: Employee Benefits
Learn more about the Group Term Life Insurance (GTLI) policy.
A life insurance policy that pays a lump-sum benefit to an employee’s nominee in the event of their death during the policy term.
GTLI provides life cover to employees, giving peace of mind to their families in case of untimely demise. It reflects a company’s commitment to employee welfare.
This policy provides a lump-sum payout to the nominee in case of the employee’s death, whether natural or accidental, during the policy period. Some policies also offer optional coverage for critical illnesses or accidental disability, based on employer preferences.
Suitable for corporates of all sizes as part of CTC, Especially valuable for companies in high-risk or large-scale employment sectors
Request a free consultation for the Group Term Life Insurance (GTLI) policy.