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प्रश्न
What do you mean by group life insurance?
What do you understand by 'Group Insurance'?
संक्षेप में उत्तर
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.
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Social Security in India
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
संबंधित प्रश्न
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 ______.
Social security implies measures to protect workers against distress caused by ______.
What is a Provident Fund Scheme?
Briefly explain the term Pension?
Why is 'Gratuity' given by an employer to an employee?
Mention any two advantages of group life insurance to employees and employers.
State any three features of Group Insurance.
Distinguish between Provident Fund and Pension.
