Life Insurance
Family Protection Scheme
SICOM Family Protection Scheme (FPS) is a Group Whole Life Assurance open to all private companies ...
- Premium is normally set at 4% of monthly salary shared equally
- Insurance cover can be maintained even if the member leaves employment
Group Loan Protection Scheme
SICOM Group Loan Protection Scheme insures all personal loans, car loans and other loans provided b...
- Insures all personal loans, car loans and other loans provided by the employer
- Loan duration of not more than 7 years
Group Term Assurance
SICOM Group Term Assurance can be used by an employer to provide coverage and benefits to the legal...
- Coverage and benefits to the legal personal representatives
- Sum Assured is usually based on salary of member