What is Ethika Insurance Broking?

Ethika Insurance Broking is a new age 100% bootstrapped insurance broking company started by a group of enthusiasts led by Mr. Susheel Agarwal, who made a transition from HR to CEO with Ethika Insurance Broking. Ethika Insurance aims to combine technology with Innovation to make employee health insurance simple and accessible. Ethika insurance has included the concept of Employee well-being and happiness in Employee health insurance, focussing on a well-ignored fact that happy employees perform better. Ethika Insurance Broking was conferred with a broker license to sell both life insurance and general insurance plans. Ethika Insurance Broker is recognised as the best insurance broker for corporate, small, midsize, and large businesses.

What are the services provided by Ethika?

Ethika Insurance Broking offers life insurance plans such as Term life insurance, Pension insurance, Group Life insurance, Investment insurance plans, etc. Ethika also offers non-life insurance plans such as Vehicle insurance, Engineering insurance, construction insurance, Health insurance, Liability insurance, Personal accident insurance, etc. Ethika Insurance Broking is well known for its Group plans, such as Group health insurance, Group Term insurance and Group personal accident insurance.

What are the value adds provided by Ethika?

Ethika Insurance Broking provides value additions to its customers in the form of tailor-made programs such as Employee wellness programs, Employee happiness programs, Employee assistance programs, Employee engagement programs, Group insurance software and Red carpet claims settlement services. Know about each of them in detail here.

Is Ethika Insurance a good choice for insurance needs?

Ethika Insurance Broking is not like any other insurance booking company in India as it tries to offer value-added services to its customers, such as the Employee Happiness Program, which is a unique and novel concept unheard of by the insurance industry in India. Ethika Insurance has a nearly 97% retention ratio, which is one of the highest in the insurance industry. This ratio means that most of the clients are willing to renew their insurance plans with Ethika Insurance, which in turn shows their trust in the company. In addition to these, Ethika Insurance offers all kinds of insurance plans so that customers can get all their insurance needs in one place. Ethika Insurance also makes the best use of technology with the group insurance software that can be linked to any company's HR portal, thereby semi-automating the addition and deletion of employees from the group insurance plans.

How is Ethika Insurance Broking different from other insurance brokers?

Ethika Insurance Broking’s main focus is to make the insurance process pleasant, as insurance has been considered a headache to go through for many people and firms in India for a long time. Ethika Insurance Broking revolutionized the insurance purchase and claim settlement process in India by focusing on adding the most important missing element in group health insurance: Employee happiness. Ethika’s main focus is to address the overall well-being of employees by conducting various activities in addition to insurance coverage. Ethika Insurance provides various value add-ons to clients which go beyond the traditional profit and loss view of an insurance broker.

A Big Fat Hospital Bill is all it takes
for your Employees to fall into Poverty.

Low-cost option to cover Big Health Insurance Claims.

Generate quotes instantly.

Highest Age in Family	Enter Employee Family count
Highest Age in Family	1 member (self)	2 members (self + 1 Dependent)	3 members (self + 2 Dependents)	4 members (self + 3 Dependents)
91 Days to 40Y
41Y to 50Y
51Y to 60Y
61Y to 65Y

Premium payable without GST for is ₹ 0.00

Coverage Details

Sum insured 50 lacs
Deductible 10 lacs
Only Employees are covered.
No Room Rent Limit.

No Copayment.
Modern Treatments Covered.
Pre Existing Waiting Period Applicable.

An Employer in need is an employer in deed.

It is quite possible that your employees can manage ₹5,00,000 medical expenses on their own
even if you do not have a group health insurance plan.
But can they handle a 50 Lacs Medical Expense on their own?

In India, the middle class don't have the right to quality health care.
While the rich have Money,
Poor have Govt Schemes like ESI,
Middle class are left on their own to manage the ever increasing cost of Medical care.
One such event and it takes decades for them to return to their original lifestyle.

This is the time to show them how much you care for them.
After all, an Employer in need is an employer in deed

The possibility of high value health Insurance
claims has increased. Exponentially.

Remember the Medical expenses under Covid?
Claims of 25 lacs became very common.

Other Scenarios where high hospital bills became a reality.

Future Pandemics
Poisoning cases,
Liver Transplants
Sepsis.

Road Accidents.
Kidney Transplants
Lung Infections
Cancer Treatments.

Advance treatments like Stem Cell.

Representing Doctor and Patient Vector Image - Group Super Top-up

Imagine that one of your employees meets with an accident
while on his way to the office and gets hospitalized.
The hospital bill is ₹50,00,000.

Representing Employee Hospital Billing Vector Image - Group Super Top up

How will you help ?

Will leave the employee to manage on his own.
Company will pay
Will request other Employees to contribute and support.
Our employees have enough cover under our group
Health insurance policy

If you plan to opt for the last option, a single large claim will trigger an equal increase in your renewal premium next year.
So, in a way, the insurance company will pay now and recover from you as a renewal premium.

So what is the best option to secure your employees?

Cover your employees under a separate Group Super Top up policy today.

Fewer than 1% of organizations offer Health coverage upto ₹50,00,000
by taking a Corporate Floater in regular Group Health Insurance Policy.

Be among the few elite corporates
who care for their employees by offering
₹ 50,00,000 Health insurance Coverage for their employees.

Cover your employees under a separate Group Super Top up policy today.

Representing Protection Employee Vector Image - Group Super Top up

How does it Work ?

Let's suppose that your company is currently providing 5 lacs coverage through a group health insurance plan. You can now additionally take a Group Super Top Up plan covering 50 lacs with a 10 lacs Deductible

When an employee suffers an unfortunate event where the hospital bill is 50 lacs.

First 5 lacs will be paid by the Organization Group Health Policy

Next 5 lacs will be paid by the Corporate Floater in Group Health Policy ( or can be paid by Employees Personal Health policy if any)

Balance 40 lacs will be paid by Group Super Top up policy.

Your employee still has a cover of 10 lacs remaining, for any further incident.

As little as ₹500 per Employee, can cover ₹50,00,000 of Hospital Expenses.

Opt for a Super Top Up Policy for your Employees now.

A claim will not affect your regular Group Health Insurance premium.

You can cover a number of big incidents unlike a corporate floater, which is limited to only one big incident.

When an employee leaves, it can be converted to a retail individual policy

Representing Hospital Expenses Employee - Group Super Top up

Representing office Employees sitting and discussing things - Group Super Top up

Have any specific requirements?

Get your Group Super Top Up
Policy Customized

Change deductible
Cover Pre Existing Diseases
Change Sum Insured
Include Employees Family

A Big Fat Hospital Bill is all it takes for your Employees to fall into Poverty.

Generate quotes instantly.

Coverage Details

An Employer in need is an employer in deed.

The possibility of high value health Insurance claims has increased. Exponentially.

Other Scenarios where high hospital bills became a reality.

Future Pandemics

Poisoning cases,

Liver Transplants

Sepsis.

Road Accidents.

Kidney Transplants

Lung Infections

Cancer Treatments.

Advance treatments like Stem Cell.

Imagine that one of your employees meets with an accident while on his way to the office and gets hospitalized. The hospital bill is ₹50,00,000.