Adani Enterp. 1896.10↑8.60(0.46%)
Adani Ports 690.50↑5.40(0.79%)
Apollo Hospitals 4593.05↓-32.05(-0.69%)
Asian Paints 3034.80↑15.35(0.51%)
Axis Bank 888.25↑9.80(1.12%)
B P C L 367.05↓-0.65(-0.18%)
Bajaj Auto 4528.85↓-20.40(-0.45%)
Bajaj Finance 6552.25↓-105.70(-1.59%)
Bajaj Finserv 1408.70↑3.90(0.28%)
Bharti Airtel 793.60↓-0.15(-0.02%)
Britannia Inds. 4595.15↓-3.25(-0.07%)
Cipla 939.20↑5.90(0.63%)
Coal India 236.35↑3.50(1.50%)
Divi's Lab. 3383.20↑96.90(2.95%)
Dr Reddy's Labs 4933.25↑26.15(0.53%)
Eicher Motors 3381.90↓-11.00(-0.32%)
Grasim Inds 1764.90↓-13.45(-0.76%)
H D F C 2750.05↑14.45(0.53%)
HCL Technologies 1079.00↑3.25(0.30%)
HDFC Bank 1644.50↓0.05(0.00%)
HDFC Life Insur. 552.05↑2.50(0.45%)
Hero Motocorp 2591.55↑15.20(0.59%)
Hind. Unilever 2515.80↓-0.50(-0.02%)
Hindalco Inds. 440.35↓-4.70(-1.06%)
ICICI Bank 934.40↓-3.50(-0.37%)
IndusInd Bank 1140.60↑14.25(1.27%)
Infosys 1270.70↑5.10(0.40%)
ITC 423.80↓-7.65(-1.77%)
JSW Steel 724.60↓-8.20(-1.12%)
Kotak Mah. Bank 1954.30↓-4.55(-0.23%)
Larsen & Toubro 2374.35↑8.95(0.38%)
M & M 1245.45↑13.65(1.11%)
Maruti Suzuki 9111.55↑35.30(0.39%)
Nestle India 21971.35↓-11.90(-0.05%)
NTPC 176.00↓-1.05(-0.59%)
O N G C 165.25↑0.25(0.15%)
Power Grid Corpn 243.40↓-1.35(-0.55%)
Reliance Industr 2479.55↑7.65(0.31%)
SBI Life Insuran 1183.15↑0.80(0.07%)
St Bk of India 573.50↓-10.10(-1.73%)
Sun Pharma.Inds. 957.45↓-4.40(-0.46%)
Tata Consumer 789.00↑0.10(0.01%)
Tata Motors 503.65↑3.15(0.63%)
Tata Steel 109.55↓0.00(0.00%)
TCS 3283.25↑32.65(1.00%)
Tech Mahindra 1047.80↑4.45(0.43%)
Titan Company 2748.40↓-2.85(-0.10%)
UltraTech Cem. 7716.25↓-19.20(-0.25%)
UPL 694.40↓-21.00(-2.94%)
Wipro 382.30↑1.95(0.51%)

Use cost-effective, accessible group term cover to boost coverage

However, supplement this plan with an individual term policy for enhanced security

Sanjay Kumar Singh

Premium

Photo: Shutterstock

4 min read Last Updated : May 09 2023 | 6:59 PM IST

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Bajaj Allianz Life Insurance Company has recently launched a group term cover for the customers of the post office and India Post Payments Bank. This cover is available in two variants priced at Rs 2,584 and Rs 5,168 (inclusive of GST) for a sum assured of Rs 5 lakh and Rs 10 lakh, respectively.

How does it work?

Group term insurance is offered to an affinity group — employees of a company, customers of a bank, members of a club or an association, etc.