Group Life, Disability & Funeral
Group life, disability and funeral cover for employees
Group Life Cover
This benefit provides life cover for employees’ family or dependents, covering the risk of their death. Life insurance can help to give an employees’ family or dependents some financial security when they pass away, by paying out a lump sum cash benefit to help with outstanding debt.
When investing in life insurance for your employees, consider the amount of cover they need and how it will pay out.
Group Disability Cover
Employee disability cover provides a range of benefits when a person is unable to work due to a disability or critical incident. South Africans remain massively underinsured against disability, and even if your employees do have cover, they may be at risk because it may be inappropriate. Our team of experts can provide an audit of your current employee benefit offerings, to assess if they’re sufficient.
Group Funeral Cover
Employee funeral cover is seldom considered until the time comes to organise a funeral. Funeral cover contributes towards the cost of a funeral in the event of the death of an employee or a family member. Benefit payments and premiums will vary according to the group risk profile. This provides a lump sum within 48 hours to cover funeral expenses should the member or an immediate family member pass away – Spouse / partner and up to 4 children under 21.