Group life assurance provides the member with peace of mind that their families will be taken care off after their death. The benefit is normally in the form of a lump sum equivalent to a multiple of annual salary or nominated fixed sum. It is payable in the event of death of a member while still in active employment of a participating employer or member of a specified scheme or group. Occupational Disability benefit is also offered, where a lump sum is payable in the event of total and permanent disablement of an insured employee/member such that the employee/member is not able to perform his or her own or suited occupation. The disability must be total and permanent.

The cover provides a cash sum towards funeral expenses for the employee / member and his/her nominated beneficiaries. The benefit may extend to spouse, children, parents/parents-n-law and extended family members (if applicable).

Retirement annuities are designed to help clients save up for retirement. At retirement, one third of the policy value is paid as tax free lump sum amount to the policyholder and the remaining two-thirds of this policy value will be converted to an annuity payable for life parents as well as your extended family members.