Bharti AXA HEALTH Insurance 4 Health Insurance Essentials for a Business Owner 8 Feb 2018 Business Owners? Here Are the 4 Health Insurance Essentials You Need to Know The biggest asset of a company is its employees, and as a business owner you must take all necessary measures to protect this asset. A key step in this is to acquire a health insurance plan for your employees to ensure that unforeseen risks like an illness or accident, do not disrupt the life of your staff and the business. Here are a few essential elements to consider when you purchase a health insurance plan for your employees. 1.Know What Your Options Are With so many insurers vying to win your business, it can get confusing when it finally comes down to selecting a group health insurance policy. What you need to keep in mind, is that your primary options are group health insurance and individual health insurance. 2. Individual Plan An individual health insurance plan is one that is purchased by individuals, to protect themselves and their family. For those entrepreneurs who own a small business and are not yet able to cover the cost of a group coverage, an individual health insurance policy is the best option for them. Through this you can give your employees a monthly healthcare fund that they can then spend on their insurance policy premium. 3. Group Plan If you wish to opt for a group health insurance policy, you will be choosing to directly sponsor the health insurance coverage of your employees. Here, the premium and coverage in case of an accident will be shared by you and your staff as well. This coverage can also be shared with the loved ones of your employee in times of need. When you opt for group health insurance, the onus of choosing a suitable plan, rests on you. 4. Consider All the Key Questions When you are choosing between the two types of health insurance plans, it is vital that you ask yourself several crucial questions. These include, who will be covered in the plan, the inclusion of dependents to receive cover, what benefits can employees avail, and what are good benefits to offer. In terms of the effect of buying health insurance on the company’s bottom line, ask yourself - what is my budget, do I want to share the premium or sponsor the entire amount and how much can my business afford to bear. The importance of health insurance for your employees is not only to safeguard their physical health, but also to ensure that you have happy and stress-free life! Do not neglect to buy health insurance online, protect your employees and watch your company thrive and grow! Why choose Bharati AXA Health Insurance With health insurance plane, financially secure yourself and your family at affordable premiums FLEXIBLE PLANESComprehensive Range of medical cover up to Rs 1 Cr TAX SAVINGSUp to Rs 55,000 Tax-saving under 80D CASHLESS CLAIMSClashless Hospitalization Across 4500+networks hospitals DEDICATED CLAIMS HANDLER Explore Our Products Car Two Wheeler Travel Health Critical Illness Personal Accident Request Call Back Category * - Select -CarTwo WheelerHealthTravelPersonal Accident Buy Renew Claim submit Disclaimer : The information published on this website is for the public's reference only. Content of this information is to provide an overview of your Travel needs and should not be relied upon for personal, medical, legal or financial decisions and you should consult an appropriate professional for specific advice. Bharti AXA General Insurance Company Limited makes no representations about the suitability, reliability, timeliness, and accuracy of the information, travel, services, or any other items mentioned on this subject for any purpose whatsoever.