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Product Information

Group Life Policy/Personal Accident

Product Date: September 26, 2018

The policy is suitable for Executive or Senior personnel of your company or organization.  

Scope Of Cover
The Group Life Policy is a death-in-service benefit, which provides lump sum compensation to dependents or beneficiaries of a deceased employee whilst the insurance contract is in force. 

Benefits are payable in respect of death from all causes, except when specifically excluded. The supplementary accident policy pays compensation following injury or permanent disability resulting from violent, external and visible means.
The cover is on a 24- hour basis and is worldwide.  

Basis Of Insurance
The Employer shall choose the level of benefit for members of the scheme on the basis of a multiple of annual earnings or a flat amount of benefit for each category of employees.  

Group Life Policy/Personal Accident

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