Designed to provide insurance in one master policy to a group of people, such as the members of an association, employees of a common employer (retirement funds), or professionals, our group life insurance offers the following:
Life cover: On the death of any of the group members, the plan pays the sum assured to the family of that particular member.
Funeral: On the death of any of the group members or assured family members, this plan pays an agreed amount for funeral expenses to the member or the family of that particular member.
Trauma or serious illness: Should the assured member or assured family members suffer from a traumatic event or serious illness, this plan pays an agreed amount to the member or the family of that particular member.
Disability: Should the assured member become medically disabled, this plan pays an agreed amount to the member or the family of that particular member.