Group Life Insurance is a customisable group life insurance plan for employers and organizations. Protect your employees and members by creating a unique benefits package that is tailor fit to the needs of your business or organization.
Benefits of Group Life Insurance:
- Create your own employee benefit plan with customizable payment rates and amount of coverage per employee
- Provide insurance coverage 24/7 on and off the job
- Free Living Benefit Rider, which allows the terminally ill insured with a life expectancy of 12 months or less to withdraw up to 50% of the life insurance (maximum of P1 million)
- Build your own benefits packages with additional features including accidental death and disablement, total and permanent disability income benefit and medical reimbursement
- Employee’s option to convert group life coverage into an individual life insurance policy without evidence of insurability.