Group Life Assurance
What you get with Group Life Assurance
It’s pretty simple, just cater to your employees’ welfare and they will care to meet your organisation’s targets. Our Group Life Assurance plan helps compensate your employees’ dependants when your employees lose their income due to death or disability. This cover is active up until the employee retires or resigns from work.
When employee passes on
Death Benefit: we pay a fixed amount or a multiple of the salary when an employee dies depending on the cover purchased by employer.
Funeral Benefit: we pay an amount to help with burial expenses. This benefit can also be extended to family members, groups, chamas and associations.
Funeral Benefit: we pay an amount to help with burial expenses. This benefit can also be extended to family members, groups, chamas and associations.
When employee becomes disabled
Permanent and Total Disability: we compensate employees that become totally and permanently disabled by accident such that they are never likely to go back to work, or a similar job which fits their knowledge, training, experience or ability.