My self Sachin and looking for detail about Employer Employee Insurance of Insurance Regulatory and Development Authority?

As per your concern I will help you here to get the information about Employer Employee Insurance of Insurance Regulatory and Development Authority so that you can check it easily.

The group insurance policy of Insurance Regulatory and Development Authority gives you advantages of standardised coverage and very competitive premium rates. You can avail of group insurance policies that a group you belong to takes.

Groups – for this purpose - can be employer-employee groups or non employer-employee groups as defined by IRDA’s group insurance guidelines.

Here are some things to be careful about when you participate in a group policy:

Only one master policy will be issued to the Manager of the group and will be in the name of the group (eg: the association)

You are entitled to get a certificate of insurance if you participate in a non employer-employee group policy for your records.

This certificate should contain
The schedule of benefits
Premium charged and
Terms and conditions of the cover

Your cover could cease if you leave the group

When you leave the group the insurer should offer you continued coverage under an individual policy

The Manager of the group should disclose the premium rate and terms of the policy including the premium discounts offered to the group and should pass on the discounts to all members

The manager of the group has to disclose any administrative or other charges he is collecting from members over and above the premium charged by the insurance company

Address:-
Insurance Regulatory and Development Authority of India
3rd Floor, Parisrama Bhavan, Basheer Bagh HYDERABAD 500 004
Telangana State (INDIA )

Phone:-
(040) 23381100