Group Health Insurance for Small Teams

Group health insurance for small teams is experiencing a surge in demand as employees increasingly prioritize companies that offer comprehensive medical coverage. Whether established corporations or startups, providing a group medical insurance policy is considered one of the most valuable perks a company can offer its employees. This coverage offers financial security to employees during medical emergencies, making it a crucial benefit. Consequently, both large organizations and smaller teams are advised to invest in group health insurance policies.

Read more
Tailored health plans, dedicated expertise - the perfect match for your organization's well-being
Customized plans

Affordable prices

24X7 Support

Dedicated claims manager

Total Care

All round wellness benefits

Fast-track your search with instant quotes from prominent insurers
₹1 Lakh cover starting at
No medical test required
Zero waiting period
Paperless claims
secure-icon We don't spam
Get Updates on WhatsApp

Whom do you want to insure?

  • Employee, spouse & kids

  • Employee only

Why should Small Teams Offer Group Health Insurance?

We all remember how the pandemic ripped apart our budgets and financial status within days. While this can be claimed as a one-off incident, we cannot deny that health issues can crop up for us or our family members at any time.

It is why getting a group mediclaim policy for your workforce is a no-brainer, and occurring like COVID-19 only solidifies its importance of group health insurance for small teams. In addition, it also paves the path for the organisation to become people-centric and care for their well-being.

Benefits of Group Health Insurance for Small Teams

Both the employer and the employee win from a GHI for small teams. Here are some ways opting for a group insurance is beneficial:

1. Cost-effectiveness and Affordability

Group health insurance for small teams is cost effective for the employer as it costs lesser when purchased for a group of employees rather than purchase individual policy for each employee. Apart from this, it becomes affordable for employees as the employees do not have to pay out of pocket in medical emergencies.

2. Enhanced Coverage Options for Employees

Most group health policies for small teams are highly scalable and let you make the changes as early as feasible. In addition, these policies also offer an enhanced coverage facility, which enables you to increase the coverage with ease.

3. Attracting and Retaining Talent in a Competitive Job Market

These are highly uncertain times for job opportunities, and employees are likely to choose employers who showcase signs of empathy. When employees feel valued and the work culture is people-centric, the chances to attract and retain the best talents increase significantly.

Tailoring Group Health Insurance Plans for Small Teams

Your team has limited people, and that makes it easy for you to find the best employee health insurance policy. However, each individual in your workforce can have diverse needs, which must be considered while looking for the best group medical insurance plan. It means you have to tailor your group medical insurance plan for your workforce based on several factors, such as demographics and size.

In addition, new companies often run into budgetary constraints, which makes finding the right group medical insurance for small team in a new company a task. If you spend less, your coverage will be limited, as will the settlement amount. So, there is a need to tailor the group medical insurance to suit your specific requirements.

Selecting the Right Insurance Provider

The market is currently flooded with so many insurance providers that it can be confusing for a layman to choose the right policy for their business. Make sure you understand the policy terms well and look for reputable insurers who are willing to offer you the support and clarity needed to choose the right insurance provider.

The best way to do it is by sitting together and looking for a partner with the right balance. For example, Policybazaar lists group health insurance policy options for your small team from over 20 of the best insurers in the country to make it easier for you to compare and find the right one for your workforce's needs.

A Scenario to explain the situation

Here is a hypothetical scenario to help you better gauge the role of group mediclaim insurance for small teams:

GreenScape Landscaping Services, a small business specialising in sustainable landscaping, recognised the importance of employee well-being in a physically demanding industry. The company decided to prioritise the health of its workforce by introducing a comprehensive GHI plan.

Before implementing GHI, it struggled to retain experienced and skilled workers in a competitive market. The physically demanding nature of the job led to frequent health issues among employees, and the lack of proper health coverage hindered the company's ability to attract and retain top talent.

Group health insurance addressed the employees' immediate health needs and included coverage for injuries and rehabilitation associated with the landscaping industry. The company also implemented wellness programs to promote a healthy lifestyle among its workforce. The impact on employee satisfaction was evident as its employees felt that the employer cared. As a result, GreenScape experienced a decrease in employee turnover, and the skilled workforce became more committed and engaged.

Evaluating and Adapting Over Time

You cannot just buy and forget a group medical insurance plan if there have been no claim requests from your team. Your small team's needs and specific requirements can evolve. So, it is necessary to evaluate the chosen group medical insurance policy periodically to assess its current effectiveness.

In addition, your changing business needs can also propel the need to evaluate and make the necessary adaptations to cater to the needs of your employees. Timely evaluation can save your team from bearing the brunt and help you adapt your policy accordingly to changing conditions.


Your team's specific needs and budgetary constraints can often define the health policy you should get. But the key is to remember that you would have to reevaluate your policy periodically to ensure it caters to your team's well-being and encourages them to achieve their goals. In addition to being instrumental in pushing employees to achieve long-term success, a group health insurance sends a reminder to prioritise your team's health and well-being.


Group Health Insurance Premium Calculator

Who do you want to insure?

  • Employees
  • Employees & their family

Minimum lives should be 7

  • 1 Lakh
  • 2 Lakh
  • 3 Lakh
  • 4 Lakh
  • 5 Lakh

Include maternity coverage

Premium starts from

(Excluding GST)

Let's find the right plan for you

Speak to our experts to get the right plan for your company's needs

icon Expert advice made easy icon
  • Date
  • Time

When do you want a call back?

  • Today
  • Tomorrow
  • 23 Jul
  • 24 Jul
  • 25 Jul
  • 26 Jul
  • 27 Jul

What will be the suitable time?

  • 11:00am - 12:00pm
  • 12:00pm - 01:00pm
  • 01:00pm - 02:00pm
  • 02:00pm - 03:00pm
  • 03:00pm - 04:00pm
  • 04:00pm - 05:00pm
  • 05:00pm - 06:00pm

Tell us the number you want us to call on

Your privacy matters. We won't spam you

Call scheduled successfully!

Our experts will reach out to you on 4th June between 2:00 PM - 3:00 PM

Now help your friend get Business Insurance

Your referral is greatly appreciated!

Our team will reach out to your friend soon to help with their business insurance requirements.

Wait! Didn't find what you were looking for?

Our certified business insurance experts are just a call away.

icon Expert advice made easy icon
  • Date
  • Time

When do you want a call back?

  • Today
  • Tomorrow
  • 23 Jul
  • 24 Jul
  • 25 Jul
  • 26 Jul
  • 27 Jul

What will be the suitable time?

  • 11:00am - 12:00pm
  • 12:00pm - 01:00pm
  • 01:00pm - 02:00pm
  • 02:00pm - 03:00pm
  • 03:00pm - 04:00pm
  • 04:00pm - 05:00pm
  • 05:00pm - 06:00pm

Call scheduled successfully!

Our experts will reach out to you on 4th June between 2:00 PM - 3:00 PM

Call scheduled successfully

Thank you
Our experts will provide you assistance with your
insurance coverage. Be assured, all your questions
will be answered

Customizable plans from top insurers

starting @ ₹110/employee*

View Quotes
Group Health Insurance Articles
GIPSA stands for General Insurance Public Sector Association.It is a group of four General insurance companies...Read more
28 Apr 2022 by Policybazaar 16886 Views
A group medical insurance scheme offers many benefits in addition to providing financial support during medical...Read more
08 Feb 2023 by Policybazaar 8762 Views
Companies worldwide strive to attract top talent by offering competitive salaries and outstanding corporate...Read more
15 Sep 2023 by Policybazaar 2618 Views
GPA (Group Personal Accident) and GMC (Group Medical Coverage) are two popular types of insurance policies often...Read more
01 Jun 2023 by Policybazaar 8465 Views
Extended work hours or working on holidays and weekends have become common in workplaces. Compensatory leave for...Read more
18 Apr 2024 by Policybazaar 1085 Views
Investing in Group Health Insurance (GHI) is crucial for...Read more
07 Jun 2024 by Policybazaar 223 Views
Co-pay in group health insurance was Insurers introduced the...Read more
06 Jun 2024 by Policybazaar 229 Views
In today's workplace, companies must foster a culture of support...Read more
31 May 2024 by Policybazaar 271 Views
Extended work hours or working on holidays and weekends have...Read more
18 Apr 2024 by Policybazaar 1085 Views
In today's competitive job market, where top talent holds the...Read more
29 Mar 2024 by Policybazaar 396 Views
Policybazaar for Business - Group Health Insurance - Customer Reviews
View all
Based on 189 reviews
out of 5
Based on 189 reviews
38 users
136 users
15 users
0 users
0 users
3.8 April 09, 2023
Excellent Support
It was easy to buy insurance from PolicyBazaar website and customer support was also amazing to clear all the doubts.Thankyou. Highly worth it.
4.3 April 01, 2023
Necessary Investment
It is a good and necessary investment. Thanks PB.
4.3 March 24, 2023
Provides Satisfactory Results
I purchased Group health insurance at policybazaar recently and i am so much satisfied with the plan. The application process was smooth and efficient, making the typically tedious task of getting insurance surprisingly hassle-free.Thanks PB.
3.8 March 16, 2023
Helpful In Making Decisions
When it came to selcting the right Group Health Insurance, Policybazaar offered an impressive range of options from reputable insurers. I appreciated the comprehensive details avalable for each policy which helped me to take the better decisions. Thankyou.
4.3 March 15, 2023
Increases Clients Expectations
I recently had the pleasure of securing a Group Health Insurance policy throug PolicyBazaar and I must say the Entire process exceeded my expectations! From start to finish, their service werw great. Thankyou.
3.8 March 02, 2023
Great Experience
I got great deals on PolicyBazaar website. Highly recommend.
4.3 February 17, 2023
Excellent Purchase
It was a excellent purchase at PolicyBazaaar. Thankyou team.
4.3 February 04, 2023
Prompt Services
Policybazaar's efficient claims process was impressive. In case of any medical emergencies, my employees were able to get their claims settled swiftly, allowing them to focus on their health and recovery without worrying about financial aspects.Thankyou
4.3 January 22, 2023
Budget Friendly Purchase
Thankyou PolicyBazaar for providing such a great plan at affordable premium rates. It was a budget-freindly purchase.
4.3 January 09, 2023
Multiple Range Of Benefits
I purchased Group health Insurance which offered me plans with affordable rates Thankyou PB.