
What is Group Life Insurance?
Group Life Cover is an employer-paid policy providing lump-sum payouts to beneficiaries upon the death of an employee.
Key Benefits
- Financial security for families.
- Boosts employee morale and retention.
- Tax-deductible premiums.
- Compliance with labor regulations.
Features
Key features that make Group Life Cover essential for employers:
- 24/7 worldwide death coverage.
- Covers permanent, temporary, and contract staff.
- Flexible benefits such as last expense or education cover.
- No medical check-up required.