Britam’s Group Life Assurance is a cover that provides financial support to families of employees in the unfortunate event of their death. Our Group Life cover is ideal for Corporates, SMEs, Saccos, NGOs, Parastatals, Educational and Religious Institutions, to mention a few.
Members can carry on their day to day duties with the comfort that their beneficiaries will be well taken care of in the unfortunate event of their untimely death.
A member can access the funds to pay for medical expenses of some critical conditions.
The family of the deceased member can also use funds in the cover to clear loans, purchase a home, pay school fees etc.
In case of disability, a member can also use the funds to purchase mobility aids such as wheelchairs, artificial limbs etc.
The policy provides cover against the risk of accidental or naturally caused death of an employee while in the service of an employer - 24 hours a day, seven days a week, worldwide. The cover includes passive war, riots and terrorism risks and employees living with HIV. The cover runs for one year and is renewable annually upon expiry.
Besides the standard death benefit, the following optional riders are offered under the cover;
Permanent Total Disability (Group Disability Insurance Income)