GROUP LIFE/WIBA

Overview

The death of an income earner inevitably impacts on the lives of the remaining family members. Day-to-day bills still have to be met, and there may be outstanding debts, which have to be settled.

The income-earner’s death could also necessitate a change in lifestyle and this too could result in additional expenses. The purpose of this cover is to provide for the needs of surviving family members on the death or disability of the income earner.

Features & Benefits

  1. Annual renewal contract which covers death during employment.
  2. Benefits payable to the dependants on the death of life assured.
  3. The sum assured payable is a fixed multiple of the member’s salary 1 to 6 years depending on policy contract.
  4. Free cover limit dependent on the contract.