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प्रश्न
What do you mean by group life insurance?
What do you understand by 'Group Insurance'?
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उत्तर
- Group insurance is a scheme that provides insurance coverage for the lives of several people under one insurance policy or contract.
- It is generally provided to employees working for one employer.
- Group life insurance is very cheap for employees. They have to pay a very small amount of premium.
- The employer can get insurance coverage for his employees at a a low cost and thereby provide security to them.
संबंधित प्रश्न
A voluntary payment made by an employer to an employee who retires after long and dedicated services is ______.
When the Principal of a school retires, the vice - principal is given her place. Identify which of the following will be true in this context.
- The vice-principal is being transferred
- The vice-principal will be getting a higher salary
- The vice-principal is getting promoted
- The vice-principal will be getting the same salary but her designation will change
Amount of ______ is paid once in lump sum whereas ______ is paid every month.
In India, social security is provided under the ______.
NPS stands for ______.
Briefly explain the term Pension?
Distinguish between gratuity and provident fund.
Mention any two ways by which employees get social security.
Mention any two advantages of group life insurance to employees.
Distinguish between social insurance and social assistance.
