UniversalĀ Group Life
Group Life is another insurance which is on offer to businesses. It is a unique life insurance product designed to offer protection to employees throughout their employment up till retirement.
This policy is becoming a common incentive offered by employer to its employees.
What does it cover?
- Death
- Total Permanent Disability
- Partial Total Disability
- Temporary Disability
- Critical illness
- Last expense
- Medical Expenses
- Accumulated Cash and Bonus at Retirement
PREMIUM
Policies with sum assured from SCR50,000, the policyholder is entitled to SCR25,000 free funeral cover until the policy matures.