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Group Life Benefit
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The Group Life Benefit is a cost-effective way of providing immediate financial protection in the event of the employee’s death.
Your beneficiaries can benefit from one annual salary up to five annual salaries, to see them through the difficult times, depending on the choice of plan.
Our Group Life Benefit plan provides the essential protection that a company may require as the cornerstone of a valuable corporate risk plan.
Provide your employees with peace-of-mind as a part of their remuneration package.
Promote greater loyalty to your company by offering real benefits.
The Group Life Benefit provides payment to the designated beneficiaries in the event of your employee’s death during service. The benefits are based on a multiple of salary, paid as a lump sum.
When joining the plan, employees are not required to undergo a medical if their benefits are under the ‘Medical-free Cover Limit’.
Our Group Life Benefit plans can be tailored to satisfy the specific needs of the Employer and their employees.
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