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Group Life Insurance

Give your employees 24/7 insurance protection with the Group Yearly Renewable Term Plan

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.

Request for more information about your customized GYRT Plan