Max New York Life presents one such solution to facilitate employee wellbeing and retention. A single master policy for all employees, Max Super Life is the mainstay of our employee benefit policy. This easy and convenient policy is valid for one year and can be renewed annually. In case of death of an employee, due to natural or accidental reasons, the entire sum assured amount is paid to the employer.
Features –
- Group size of at least 50 employees. No upper limit on membership.
- Policy is valid for one year and can be renewed yearly.
- Uniform or a graded cover can be provided on any basis chosen by you subject to a maximum of three years of salary per employee.
Key Benefits –
- Easy and convenient administration – one single master policy for all employees.
- In case of death of an employee, due to natural or accidental reasons, the entire sum assured amount is paid to the employer.
- New members can join and outgoing members can leave the scheme at any time with premium adjustment.
Riders –
Additional Protection is available through riders for Critical Illness, Accidental Death Benefits, Disability and Dismemberment.
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Tags: Max New York Life, Max Super Life