Group Term Life and Disability

The key to the success of any corporation lies in the strength of its people. Your employees' well-being and job satisfaction are vital to the growth and prosperity of your business.  Recent surveys indicate that employee benefits are increasingly becoming the criteria that employees value most when prospecting for a job.

If you are looking for a customised solution and have more than 10 employees, we can offer a host of features and benefits to create a plan designed to suit your unique requirements. Our expert sales team will work closely with you to determine the best plan, service features and coverage for your business most precious assets – your employees!

Some of the options available for basic life cover include:

1. Multiple of Earnings Plan : In this arrangement, the benefits are determined by a multiple of the employee’s earnings be it annual, monthly or weekly.
2. Multiple of Earnings Plan - Variable Compensation (Commission / Bonuses) : The calculation remains the same as mentioned above for the Multiple of Earnings plan. However in this case, the earnings include the variable compensation.
3. Flat Amount Plan : The amount of insurance is identical for all eligible employees.
4. Class Plan : In a “class schedule”, the amount of insurance varies according to the occupation or salary level classification