Executive Benefits Insurance in India

Executive Benefits

It is very difficult to find and retain top employees in today's marketplace. Therefore, more than ever, it is essential to offer a superior package of employee benefits to employees.

Additionally, it is very important to offer benefits to key performers that most affect the success of the business. This would include sales leaders, executives, talented key employees and, of course, the owner. Executive benefits are an excellent way to recruit, hire and retain critical key employees. By offering tangible and valuable benefits, you can closely tie select employees to your business and at the same time help them to secure their financial futures.

Executive benefits are an excellent way to recruit, hire and retain critical key employees. By offering tangible and valuable benefits, every firm can closely tie select employees to the business and at the same time help them to secure their financial futures.

Executive Benefits Insurance in India

Health insurance is a critical benefit offered by most corporates to their employee and family members. As a leader in the Employee Health and Benefits market, we offer employers the benefit of deep market knowledge, cost-effective methods, and access to proficient innovations and compliance procedures. Our services include consulting to help our clients structure a customized program that’s right for them, design and implement a communication strategy, use our portals for traditional and flexible (personalized) solutions, to complete ownership of the final service delivery to employees and their family members, backed by market leading data & analytics, deep insight, and actionable inputs.

We help clients arrive at an optimal health care and other benefits program to control costs, use benefits to help bring in and retain the right talent, save time and money, mitigate financial and regulatory risks, and keep the workforce healthy and productive. We work with the best carriers to ensure the best solutions, pricing, and service from health and benefit providers.

Our people are our true assets. In today’s increasingly competitive business environment, an organization must be prepared for any eventuality. This is true not just for the area our clients operate in, but also to their employees. After all, no one can afford to lose people, whether to illness, accidents, or demotivation. Our Personal Accident advisory has successfully designed and placed polices that empower our clients by offering a comprehensive personal accident insurance that suits their needs.

At the center of our Employee Benefits practice, comes the employee. We understand that our biggest assets are our high-ranked executives and retaining them is critical to our business. Life insurance, in particular, is an important enticement for highly remunerated employees as it functions as income auxiliary for their families in the event of their demise.

However, life insurance doesn’t have to be just about the employee. We are adept at designing life insurance policies to help fund executive benefit plans. Get in touch with our Employees Benefits team for advisory on how to benefit from these plans.

Employees Deposit Linked Insurance is provided to employees who seek to avail EPF schemes provided by their employers. Any employer with more than 10 employees is liable to subscribe to the Employee Provident Fund Miscellaneous Provisions Act 1952, and also provide life insurance cover to employees.

If a client is looking at finding the best possible insurance to cover for their employees, then they need to look no further. We have been designing and placing policies for corporates in the country for over the past decade.

The Government of India mandates companies with more than 10 employees on their payrolls to give gratuity to its employees. It is the gratitude the company shows to employee who stays with the company for five years or more. We understand that for large organizations, it is imperative that this benefit is extended to all its employees who fit the criteria and that it needs to be planned and executed well.

Our Employee Benefits practice has been drawing up plans and executing them over the past decade and half for some of the most prestigious organizations in the country. Clients partner with us to get the best advisory and plans that work in their favor.

Superannuation is a great employee benefit that we, at Prudent, offer to help large organizations fructify for its employees. We design plans for our clients whereby they can either manage superannuation fund with their own trusts or open a superannuation benefit fund with any of the approved insurance companies or negotiate the product from insurance companies.

We work with the best carriers in the country to identify, evaluate and chalk out the best partner for our clients Superannuation plans.

With our business becoming increasingly global, travel is imperative. A key reason to get travel insurance could be for emergency medical assistance. Without these benefits, clients can easily spend a lot of dollars towards out-of-pocket treatment and transportation expenses.

To help clients frequently travel hassle-free for their business, our travel insurance advisory is equipped with the right knowledge and partners across the globe to help protect clients against the unexpected.

India is arguably one of the most prolific exporters of skilled and unskilled workforce across the globe.

Our Employee Benefits practice works closely with leading carriers to provide Expat insurance, an international health insurance plan designed for expatriates and other individuals living or working abroad. We help design policies that cover employees inside and outside their home country.

Employee Benefits Insurance
in India

We have vast experience working as a full-service insurance broking agency.
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