Affordable prices, world-class coverage, round-the-clock support and much more
Your health e-card can be easily downloaded from the Nova portal or app
Add-ons such as HIV, Bereavement, IPD, LGBTQ and air ambulance coverage available
Employees can find every detail related to their benefit on the Nova portal
We work with multiple insurers to bring you the best rates
Nova’s platform has been designed to provide instantaneous support
Use the Nova app or portal to raise both cashless and reimbursement claim requests in just a few clicks
Your health e-card can be easily downloaded from the Nova portal or app
Add-ons such as HIV, Bereavement, IPD, LGBTQ and air ambulance coverage available
Employees can find every detail related to their benefit on the Nova portal
We work with multiple insurers to bring you the best rates
Nova’s platform has been designed to provide instantaneous support
Use the Nova app or portal to raise both cashless and reimbursement claim requests in just a few clicks
Your health e-card can be easily downloaded from the Nova portal or app
Add-ons such as HIV, Bereavement, IPD, LGBTQ and air ambulance coverage available
Employees can find every detail related to their benefit on the Nova portal
We work with multiple insurers to bring you the best rates
Nova’s platform has been designed to provide instantaneous support
Use the Nova app or portal to raise both cashless and reimbursement claim requests in just a few clicks
With insurance plans that beat industry standards
"Nova Benefits stands out for their outstanding service, empathy, and dedication, ensuring top-notch employee insurance. Their commitment to individual well-being, evident during my HQ visit, truly stands out. Hats off to their exceptional efforts!"
"Our 2nd year with Nova Benefits has been remarkable due to their quick and efficient claims processing. The exceptional commitment of their team, ensuring compassionate and seamless service, truly sets them apart.”
"Entering our third year with Nova Benefits, their swift claim handling and tailored service have greatly boosted our employee relations and streamlined HR operations, becoming essential in our employee care approach. Big thanks to the team!"
“The Snapdeal team has had a great experience with Nova. We've been with them for 2 years consecutively! Apart from insurance, they helped us with vaccination and geriatric care for our employees’ parents”
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Employer-Employee Insurance is simply a scheme in which a company provides life, medical or personal accident group insurance for its employees and their families. The employer pays the premiums on this insurance plan, but the beneficiary is the employee and their dependents. It is deductible from the employee’s CTC and is presented as a workplace benefit by companies.
According to the IRDAI, a minimum of seven employees are required to provide group health insurance.
As of 2021, it is essential to offer group health insurance for any company, startup, or organisation working on-site. A startup needs a paperless, frictionless, and hassle-free solution with add-on benefits for employees. That’s where tech-powered group health insurance solutions and platforms come into the picture.
The premium for your team’s group health insurance depends on the team size as well as the type of policy you opt for you. You can get an estimate for the premium using our policy calculator.
The premium paid to provide a group insurance policy for employees in India can be deemed as a business expense. The Indian Income Tax Act of 1961 considers this expense to be 100% tax-deductible.
A plan that covers your medical bills up to the super top-up sum insured provided in the plan above a base amount (deductible) once exhausted. The deductible amount is predetermined by the base policy. A base policy can be either your individual health insurance or your GMC coverage provided by your employer
Once you have exhausted your base coverage amount, the super top-up ensures coverage till the super top-up sum insured amount. It also gives you the benefit of a higher sum insured at a lower premium amount as compared to regular policies.
Super top-up plans are available for employees below 75 years of age who are already covered under Nova group health insurance. Dependent children should be between 90 days and 24 years of age.
Any premiums paid for super top-up plans are eligible for tax deduction under section 80D for up to 25,000 per year.
Covid Insurance is an insurance policy that covers the medical expenses incurred by a policyholder for the treatment of Covid-19.
If your company is registered with MCA, and has 7+ employees you can purchase group covid insurance.
