We’ve designed this cover to provide peace of mind for both the employer and the employee. The benefits include:
- A lump sum payment to the family of the employee if they pass away while still in service.
- Additional rider options such as:
- Critical Illness support for specific dreaded illnesses
- Permanent Total Disability coverage if the staff member is completely unable to work
- Last Expense Benefit to cater for staff funeral and related costs
- School Fees Benefit to help keep children in school
- Family Last Expense for extended support to the employee’s dependants
Will Medical Tests Be Required?
For most staff, no medical exam is needed. Your team will be covered up to a certain amount, called the Free Cover Limit (FCL), automatically. If someone qualifies for a higher cover amount, a medical test may be required to approve the extra amount. Even if they choose not to take the test, they will still receive cover up to the FCL.
To tailor a plan for your business, we’ll need:
- Total number of staff
- Combined annual salaries
- Average age of your employees
- The amount of cover you’d like to offer
Proactive Strategies to Mitigate Risk
