The Future of Health Insurance: How Flexibility Can Make Employee Benefits Better
Learn how flexible health insurance plans at workplace can make a difference.
By Pazcare
October 14, 2024
Group Health Insurance For Logistics & Supply Chain Industry Employees
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*only basic terms and conditions applied
₹ 100,000
₹ 5,000 per life
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Industry Wise Group Health Insurance Policy For Employees
Logistics and supply chain industry - overview
The logistics and supply chain industry is responsible for sourcing goods, manufacturing, inventory, storage, handling, shipping, and making sure that the products or goods reach their final destination.
A lot of steps are involved in the whole process. As the name suggests, the supply chain from the time goods or products are made to the time of their delivery, everything is coordinated and managed by the logistics and supply chain industry. One primary difference between the two is that logistics deals with the integration and management of goods, whereas, the supply chain is accountable for the coordination and movement of the goods.
Around 9.3K companies in India do business in the logistics and supply chain sector. They employ a lot of blue-collar workers who help in the transportation and loading of goods. The coordination and management are done by about 17.8K people employed in companies with over 0 - 100 employees. Whereas, 13.1K people are employed with companies having 100 - 1000 employees. In some companies, the employee strength is more than 1000 and they are employing about 12K people.
Why buy group health insurance for the logistics and supply chain industry?
- Tax benefits
The premium paid by employers for the group health insurance plan can be used to avail of tax benefits.
- Tailor-made
You can get your group health insurance policy customized according to your employees’ needs. You can choose to add/delete the benefits accordingly.
- Financial security
Your group health insurance provides a financial safety net in medical emergencies for your employees and their families.
- Employer branding
It will generate goodwill and build a stronger employer base for your company or organization.
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Things to know before buying group health insurance for the logistics and supply chain industry
- CSR
The claim settlement ratio is very important to confirm the insurer's reliability. Hence, higher the CSR ratio, higher is the chances of the group health insurance claim getting settled.
- Ease of endorsements
Make sure that the new employees can easily be added to the existing group health insurance policy hassle-free.
- Inclusions in policy
Make sure to keep a note of the inclusions in your group health insurance policy like pre and post-hospitalization, day-care treatments, etc.
- Exclusions in policy
Go through the terms and conditions of your insurance policy thoroughly. Keep a check on all the exclusions in the policy that you choose for your employees.
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For any queries or assistance, reach out to us at any time. We provide 24X7 customer assistance.
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Group health insurance for logistics and supply chain industry employees FAQs
What are corporate health insurance plans?
A group health insurance plan is also known as corporate health insurance. It is provided by an employer for a group of people, generally the employees.
Can we buy health insurance for small businesses?
Yes, group health insurance can be bought for 2 member teams also.
What are the documents required to claim reimbursement?
You need to show valid ID proof, a health ID card, and all original medical bills from the hospital to apply for a reimbursement claim.
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