group-gratuity-insurance – Authentic Brokers

Group Gratuity Insurance

Group Gratuity Insurance is a policy taken by employers to manage and fund the statutory gratuity benefits payable to employees. As per Indian law, employers must pay gratuity to employees who complete at least five years of service. This insurance helps the employer build a fund over time to meet these future obligations. It also provides life cover for employees under the same policy, depending on the plan.

Why is it Important?

Group Gratuity Insurance helps employers manage gratuity payments smoothly without facing sudden financial pressure when employees retire or resign. It also ensures that employees receive their rightful benefits without delay. For employers, it brings tax advantages and better financial planning. For employees, it guarantees financial support after years of service, making it a valuable part of their retirement benefits.

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Dipen Sheth

My claim was delayed due to a change of address which needed to be updated in the insurance policy. I remember putting in a request but it was never granted.

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Hitesh Kakkad

I want to check if my insurance policy is correct or not. Is there a way to do it?

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Ankit Tiwari

I made a few changes to my car's engine and braking system. I do not know how to update it in my insurance policy.

FAQs

How does know your policy feature work ?

All you need to do is to fill in a few details and upload your policy. Our AI-enabled platform scans through your policy document, which will help you find missing information, errors, and inconsistencies in your policy.

What is the benefit of a quality check ?

Quality check will help you understand the problems associated with your insurance policy and give you a drafted email that you can send within seconds.

How do i get my records rectified after the quality check ?

We enable you to send pre-drafted email to your insurance company to get your details updated & rectify the mistakes