Group Medi Claim (GMC)
A health insurance policy that provides medical coverage to a group of employees and their dependents under a single master policy.
Group Personal Accident (GPA)
An accident policy that offers financial compensation in the event of death, disability, or injury of employees due to an accident.
Group Term Life Insurance (GTLI)
A life insurance policy that pays a lump-sum benefit to an employee’s nominee in the event of their death during the policy term.
Workmen’s Compensation Insurance (WCI)
Mandatory insurance that covers legal liability of an employer for injury, disability, or death of a worker during the course of employment.