Group Risk Benefits
As a business, you want to show your employees that you value and care for them. You play a vital role in their financial wellbeing.
That is why our solutions are designed to help you assist during the unfortunate life changing events of your employees.
Group Life Assurance (GLA) provides life cover that is payable as a lump sum when you pass away as an employee before retirement.
GLA provides employees with peace of mind that their families will be taken care of if they are no longer there to provide for them.
The Permanent and Total Disability benefit pays a lump sum in the event of a permanent disability of an employee before retirement.
This benefit protects employees against the loss of earning potential, should they become disabled and are unable to work.
The Permanent Health Insurance benefit provides an employee with a monthly income, should they become disabled and are unable to work.
The benefit is payable until the employee is able to go back to work or reaches the retirement period.
The Temporary and Total Disability benefit is a monthly benefit that is payable for a fixed period.
This covers a proportion of an employee's salary for a specific period protecting employees against loss of earnings or earning potential should
they become disabled and are unable to work.
The Critical Illness benefit provides cover for the costs associated with living with a defined critical illness by
providing a lump sum payment on the first diagnosis of any one of the stated critical illnesses.
The Funeral benefit pays out a lump sum in the event the employee, their spouse, children, parents, parents-in-law or extended family
(if these options have been selected) passes away before the retirement of an employee.
Credit Life Insurance is designed to pay off the balance of a loan in the event that a policyholder or joint loan holder passes away,
becomes disabled, retrenched or suffers a dread disease. This is offered through banks, micro finances and other finance institutions.