Today’s business leaders recognise the importance of attracting and keeping good employees. Providing group life assurance cover is an economical way for employers to provide quality benefits which employees can really appreciate and value.
Group Life cover provides the peace of mind to your employees with the knowledge that financial support will be provided to their families in the case of their death.
The benefits provided under a group life assurance cover are expressed either as a multiple of basic salary or a fixed sum assured. Apart from the life cover, a group life policy could also provide additional covers including accidental death and permanent total disability benefits protecting your employees.
The administration involved in arranging and handling group life assurance cover is usually kept to a minimum and in most cases the employees will not have to complete a medical questionnaire or examination.
All our life assurance plans (with the exception of the Loan Protection Plan) can be extended to cover additional benefits.