Group Term Life Insurance

REINSURANCE

TTIBI places reinsurance treaties of tap, the opportunities in the growing market, has recently forayed into Reinsurance Broking arena a well. With a highly experienced team, TTIBI aims to cater to the dynamic needs of its clients in India and abroad. The team is highly committed to adopt innovative approaches and work towards the best interest of the clients in procuring the right insurance cover at the right price with focused service levels. TTIBI is dedicated to its clients for the protection of their assets, liabilities and their product lines.

This coverage will provide a benefit to the beneficiaries if the covered individual dies during the defined covered period. As with other types of group benefits, group term life insurance is generally cheaper than comparable individual policy coverage. For this reason, group term life insurance is often a key component in employee benefit packages.

Such insurance is renewable on a year-to- year basis and does not accumulate in value i.e. no cash surrender value is built up.