A Flexible Group Term Insurance Plan for Better Protection of Your Employees

Great organisations are driven by happy employees. Business owners realise the importance of keeping their workforce motivated. That’s why ensuring competitive compensation and benefits is important. As a crucial component of employee benefits, group insurance can help you create a safety net for your employees and their families. Axis Max Life Group Super Life Premier (UIN - 104N088V04) is one such plan that helps you offer financial security to your employees. It is also a better alternative to the Employees' Deposit Linked Insurance Scheme.

As per government norms, it is mandatory for employers to subscribe to an EDLI (Employee Deposit Linked Insurance) plan for all employees who are covered under the Employees' Provident Fund. However, under the EDLI scheme, benefits do not exceed ₹3,60,000. Axis Max Life Group Super Life Premier can extend life coverage benefit up to ₹6,00,000, as this plan helps you offer better benefits to your employees.