In today's competitive business landscape, attracting and retaining top talent requires a comprehensive employee benefits package. Group Life Assurance offers a cost-effective solution to provide your employees and their families with financial security and peace of mind, demonstrating your commitment to their well-being.

Group Life Assurance is a type of group insurance policy that is designed to provide life insurance benefits for employees in an employment environment. It protects employees and their families against financial hardship as a result of major life events such as death, disablement, or critical illness prior to reaching retirement. The minimum number of people that form a group eligible for GLA is 5.

• Death Benefit: Provides for the payment of an agreed multiple of the employee’s annual remuneration or a selected fixed amount to their beneficiaries and/or dependents.
• Funeral Benefit: Provides for the payment of funeral and related expenses in the event of an employee’s death. The benefit can be extended to employee dependents too.
• Permanent and Total Disability: This benefit ensures financial support for employees in the event of them becoming permanently disabled and no longer able to work and earn an income.
• Critical Illnesses: Provides for the payment of an agreed sum assured in the event of the employee contracting a specified severe illness (i.e. not all illnesses are covered). This benefit can assist the employee financially due to loss of income and/or medical expenses incurred.
• School Fees benefits: Provides a lumpsum school fees payment to support the orphaned children with school continuity
• Hospital Cash, Counselling, Physiotherapy, Home modification and Retrenchment

• Employer of Choice: Attract and retain top talent with competitive benefits
• Financial Protection: Shield your business against additional financial responsibilities
• Competitive Premiums: Benefit from group rates and high free cover limits
• Minimal Waiting Periods: Immediate coverage for your entire workforce
• Administrative Simplicity: The employer, usually through its Human Resources department, will in most instances liaise with the insurer to lodge a claim
• Cost-Effective Solution: Group risk insurance offers affordable premiums because the risk is shared within the group.

• Boost Employee Morale and Productivity: When employees feel valued and protected, their morale increases, leading to improved workplace productivity.
• Demonstrate Commitment to Employee Well-being: Providing group life assurance shows your employees that you care about their well-being and their families' futures.

• Peace of Mind: Comprehensive protection for them and their families
• Zero Cost: Insurance fully paid for by the employer
• Simplified Process: Limited medical underwriting with high free cover limits
• Immediate Coverage: Protection begins from day one
• Family Protection: Options to cover spouses and children

We understand that every company has unique needs and budgets. That's why we offer customizable group life assurance plans tailored to your specific requirements.

• Benefit Design: Plans can include life cover, disability benefits, funeral benefits, and critical illness benefits.
• Cover Amount: Choose a cover amount that suits your employees' needs, either as a multiple of annual earnings or a fixed amount.
• Additional Benefits: Options are available to extend additional family income protection, to structure funeral benefits as a family package and offer additional riders based on client specific needs.

• Century of Experience: 100+ years of empowering generations of customers to live their lives with financial confidence through insurance solutions
• Specialized Expertise: Deep understanding of group risk business across various sectors, industries and markets backed by a strong financial group and top-rated reinsurance support.
• Local Presence: Teams on the ground who understand your cultural landscape
• Comprehensive Support: Training, ongoing sales assistance, and policy administration
• Our generous free cover limits and minimal waiting periods.
• Long-term Partnership: Committed to sustainable solutions and business practices

• In-depth Underwriting and Actuarial Experience: Ensuring sustainable solutions that suit diverse business sectors.
• Competitive Pricing: Our underwriting, product development, and pricing experts ensure that our practices remain competitive in every aspect.
• Dedicated Support: We support employers, brokers, and intermediaries effectively to ensure that all stakeholders’ interests are taken care of.

What information is required for you to get an indicative quotation?

• About the client (Name of client, what they do and area of operation)
• Number of staff
• Average staff age
• Annual salaries
• Benefits desired

Protect your employees and enhance your benefits package with Group Life Assurance. Request a quote today or contact one of our representatives for more information.