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MPESA Paybill No553 200 (Life Insurance)
553 201 (General Insurance)

Group Life Assurance

Group Life Assurance

This policy safeguards your employees to ensure their families are financially secured in case of accidents or death off-duty or on-duty provided the employees are on the employer's payroll at the time of such events.

The employer may decided to fix equal amounts payable too all employees on death or base it as a multiple of the employer's annual salary.

Benefits:

  • This cover enables employers to alleviate the financial distress that migh befall the dependants of an employee upon death
  • The policy can be offered with additional benefits such as Permament Disability, Critical Illness and Funeral Expense
  • The funeral expense can be extended to cover members of the employee's nuclear family

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