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Take a look at the features and benefits of ICICI Prudential's Group Term Insurance Plan:
One master policy covers all the proposed employees in your group-which should comprise a minimum of 25 members. New members can join the group and current members can leave at any time during the policy term.
Cover can be extended to all employees between 18 and 70 years of age.
Cover is calculated uniformly, or based on designation or rank, or as a multiple of salary, or against outstanding loan amount.
Premiums you pay are treated as a business expense in the year of payment.
Employees enjoy greater convenience with relaxed underwriting and medical requirements.
'Free Cover Limits' with simplified underwriting depending on the number of employees in your group and the level of cover you choose.
Employees are additionally covered with an Accident and Disability Benefit Rider and Critical Illness cover.
Group members' nominees receive the entire benefit should something happen to your member.
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