Employee Benefits Insurance - The Company’s Advantage towards the Employee
When a company hires an employee, they provide a lot of facilities that are for the benefit of the employee. The offer letter is always accompanied by a lot of build-in beneficiaries that a company provides. Employee Benefits Insurance is made in the interest of the workman.
The company takes the help of the HR consulting services to form the employee benefits insurance. These consulting services design the employee benefits insurance according to the company and the sector of the company. There are various benefits that help in covering accidents and group health insurance-related issues.
Just in case if there is any mishap that occurs with an employee in the company or factory it is the respective company’s responsibility to take care of their manpower. Hence these companies have an employee benefits insurance that covers the expense of the accident. The policy ensures an employer against legal obligation beneath The Employees' Compensation Act, 1923.
Features and Benefits
Permanent partial or total disability
Temporary total disability
Accidental death
Child education support
Life support benefit
Loan protection
Family transport benefit
Legal bail expense
And so on..
Along with this, there is a lot of Mediclaim policy that falls under employee benefits insurance. Connect 2 Payroll provides you with all the above benefits under one investment. They provide all sorts of services that a company is looking for. Connect2Payroll is a labor law consultant that helps the companies provide group health insurance plans facilities to their employees.
Employee benefits insurance in Ahmedabad is a good facility that a company provides and should be appreciated and asked for by every employee who works in a company. As they say, health is wealth so make the best of both your health and your wealth with proper precautions and types of equipment.
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