Life Insurance - Group Term Assurance

The Group Term Assurance contract can be used by an employer/organisation to provide benefit on death or Total Permanent disability of an employee/member to the legal personal representatives.

 

This product can also be purchased by Pension Administrator to insure the death and TPD benefits payable according to the provisions of the Pension Scheme.

 

Here's what you can expect

Features

  • Members to be aged between 18 yrs and 64 yrs
  • A minimum of 10 members required to set up the Scheme
  • Sum Assured is usually based on salary of member
  • Premium will be reviewed every year depending on change in membership profile and benefit
  • Premium is usually paid at start of the Policy year
  • Available only for Organisation. (Individual cannot subscribe to the insurance)

 

(Terms and conditions apply)

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This product is offered by
State Insurance Company Of Mauritius Ltd
BRN: C07007065
FSC License No.: IS10000020

Useful info

  • Benefits

  • Sum Assured payable on death or Total Permanent Disability to Legal Personal Representative

 

  • No benefit is payable on withdrawal from Scheme
  • Eligibility

Any company

  • Required documents

List of members or employees with Date of Birth, Gender, Occupation and Sum Assured required

Need more help?

Call Us on:

203 8400

Mail Us at:

rajesh.choony@sicom.intnet.mu