Employee Benefits Insurance is a crucial aspect of corporate well-being, as it provides financial protection and peace of mind for employees and their families. In India, only about 39% of full-time employees have private health insurance. Health benefits are becoming increasingly important as businesses prioritize employee well-being.

Offering Employee Benefits Insurance can have numerous advantages for both employee and employer. Offering Employee Health Insurance helps in attracting and retaining employees. When employees receive financial assistance to cover medical expenses, it helps them focus on their lives without worrying about healthcare costs. Companies can receive tax benefits for offering Employee Health Insurance as per the Income Tax Act.

By offering this insurance, companies can demonstrate their commitment to employee well-being, financial security, and overall productivity.