Group Term Assurance
Unforseen events can happen to anyone. As an employer,you can provide a Group Term Assurance to your employee's legal personal representatives for peace of mind.
About this product
SICOM Group Term Assurance can be used by an employer to provide coverage and benefits to the legal personal representatives upon Death or Total Permanent Disability of the employee. It can also be purchased by Pension Administrator to insure the death and TPD benefits payable according to the provisions of the Pension Scheme.
-
Protection for legal representatives
Coverage and benefits to the legal personal representatives
-
Death or Total Permanent Disability
Sum Assured payable on death or Total Permanent Disability to Legal Personal Representative
-
Premium
Premium will be reviewed every year depending on change in membership profile and benefit
Product Features
Choose SICOM Group Term Assurance & benefit from:
-
Protection for legal representatives
Coverage and benefits to the legal personal representatives
-
Death or Total Permanent Disability Benefits
Sum Assured is usually based on salary of member. Sum Assured payable on death or Total Permanent Disability to Legal Personal Representative
-
Premium
Premium will be reviewed every year depending on change in membership profile and benefit. Same will usually be paid at start of the Policy year
-
Withdrawal
No benefit is payable on withdrawal from scheme
( Terms and conditions apply)*
Useful Information
Any company (individuals cannot subscribe to this insurance)
Members to be aged between 18 yrs and 64 yrs
A minimum of 10 members required to set up the scheme.
List of members or employees with Date of Birth, Gender, Occupation and Sum Assured required
-
Protection for legal representatives
Coverage and benefits to the legal personal representatives
-
Death or Total Permanent Disability
Sum Assured payable on death or Total Permanent Disability to Legal Personal Representative
-
Premium
Premium will be reviewed every year depending on change in membership profile and benefit
This product is offered by: State Insurance Company Of Mauritius Ltd
BRN:C07007065
FSC License No: IS10000020