Group Life Insurance Scheme

Life cover for your employees. Also referred to as Death In Service. nijel

  • On an employee’s death, a lump sum is provided immediately for the employee’s beneficiaries.
  • Plans can be tailored for a choice of benefits to meet the needs of a varied workforce.
  • Cover can continue regardless of the number of eligible claims made during a plan's life.
  • Free Cover Limit can be provided for plans with five or more lives insured.
  • Premiums can be treated as an allowable business expense.
  • Payment of benefits may help to minimise financial hardship for an employee’s dependants.