Our Group Live cover is mainly targeted at corporates and SMEs who aim to reduce the cost of insurance whilst increasing the benefits to the insured. Some of the covers include:
Disability:This insurance product provides income benefits equal to 75 percent of one’s monthly salary upon an employee becoming totally disabled and unable to engage in any occupation for over 6 months.
Funeral Expense:The funeral expense insurance policy pays an immediate lump sum upon the death of an employee as well as caters for funeral expenses. It is payable within 48 hours of a death notification.
Death Benefit:The death benefit insurance product pays a lump sum in the event of an employee’s death. The benefit is payable to nominated beneficiaries through the employer.
For more information on this product, kindly get in touch with us or visit any one of our branches.