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Group Insurance is a better option

Taking a health insurance in group is a better option to take rather than going in for individual mediclaim.

28 Jun 2008

Taking a health insurance in group is a better option to take rather than going in for individual mediclaim. Insurance companies many a times deny policies on the basis of bad health or even increase the premium amounts. In case of group policies, they won't be able to do so.

Even the premiums can be negotiated based on the basis of group profile and number of people insured. Group policies can be taken for people working together in an office or staying the same building. They should have a similar risk profile. A group of people can't come together for the purpose of insurance.



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