Easily manage employment in India

Cover Level:

INR 5,000,000 (subject to pay cap)

Provides financial protection and security for beneficiaries in the event of an insured team member's death during employment.

Benefit Payout: In the unfortunate event of a team member’s death, the plan provides a lump-sum payment. The final payout is INR 5,000,000 or 10 times the team member’s annual pay, whichever is lower.

• If 10x the annual pay is more than INR 5,000,000, the beneficiary receives the maximum cap of INR 5,000,000.
• If 10x the annual pay is less than INR 5,000,000, the payout is limited to that lower amount.

Key Plan Details:

• Eligibility: This benefit is optional for employers. However, if selected, it must be offered to all team members in India (up to age 65) to ensure equal coverage.
• Validity: Coverage begins on the employee's start date and ends on their last working day.