This group of 40 also cannot be covered under a family policy as it defines family members by closeness and financial dependence. Another cousin said he had signed up for a group policy offered by the bank he has an account with. Many group policies also do not allow members to convert their cover into an individual policy. If the group policy ceases, the individual policy can be enhanced. One way or another, remember this: group policies are excellent — up to a point.

Source: The Hindu January 26, 2026 01:15 UTC