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Group Life Assurance

This policy provides compensation to the person(s) insured in respect of injury resulting in death or disablement resulting from external, physical and violent means occurring anywhere in the world. Thus it is a 24 hours cover. It also offers compensation for medical expenses incurred in connection with such injury. This type of insurance can be arranged in form of scheme to cater for the welfare of your employees.

Death Benefit:

This is payable upon the death of the insured employee caused by accident within the meaning of the policy.

Permanent Disablement:

This means the Insured employee is totally incapacitated from engaging in or attending to his normal duties.

Temporary Total Disablement:

This is disablement from engaging in or attention to any portion of the Insured's ordinary profession or occupation. This is a weekly benefit.

Medical, Surgical and Hospital Expenses:

Medical expenses (including operation fees, cost of medicine, surgical appliances and hospital or nursing home charges) necessarily incurred and expended in connection with any injury by accident within the meaning of the policy is covered.
The maximum amount payable would be determined by the Insured at the inception of the policy.