Employee Security Plan (Group Life)

Employee Security Plan (Group Life)

The Employee Security Plan (ESP) is a comprehensive group life and personal accident policy. It also offers optional cover for a section of the employee’s family.

Main benefits

  • Cash benefit paid if death occurs (natural or accidental, on or off the job)
  • Cash benefit for total and permanent disability from illness or injury
  • Critical illness cover

Optional benefits

  • Temporary disability cover
  • Medical benefit of up to 20% of the sum assured
  • Extended death cover for up to four immediate family members
Keyman Plan

Keyman Plan

Every business has some key personalities who contribute significantly to the running and growth of the company. These persons may possess a special skill set which awards them some critical responsibility towards the continued profitability of the company. Often, the business runs the risk of financial loss arising from their demise or disability.

By insuring the life of a key person, the business hedges against this risk thereby ensuring business continuity.

Main benefits

A lump sum payment to the company in the event of:

  • •Death
  • Total and Permanent Disability arising from disease or injury

Optional benefits

  • Critical Illness
Loan Protection Plan

Loan Protection Plan

Loan Protection Plan provides protection for both credit providers and their customers. The purpose is to protect the financial assets of credit providers in the event that borrowers are unable to meet their financial obligations.

In the unfortunate event of death or disability of a borrower during the tenure of the loan, the credit provider is adequately compensated.

Main benefits

A lump sum payment to the credit provider in the event of:

  • Death
  • Total and Permanent Disability arising from disease or injury
Mortgage Protection Plan

Mortgage Protection Plan

Owning a home takes time, effort, and of course, money. With this level of responsibility, it is crucial that all necessary steps are taken to safeguard the investment when an unfortunate event like death or disability occurs.

The Mortgage Protection Plan is a unique renewable term assurance policy that helps you secure the ownership of your home. The policy pays off the outstanding mortgage when the event insured against happens within the agreed terms and conditions.

Main benefits

The outstanding loan amount will be paid on behalf of the policyholder in the event of:

  • Death
  • Total and Permanent Disability arising from disease or injury.
Group Welfare Scheme

Group Welfare Scheme

One of the main objectives of Church groups and associations is community building; where people come together to create a sense of belonging. At the core of this is seeing to the welfare of members, especially in times of need.

This scheme is a quarterly or annually renewable group funeral plan that offers protection and financial benefits to members of churches and associations.

Main benefits

A lump sum payment will be made in the event of:

  • Death; whether accidental, natural or through a disease.

    Optional benefits

    • Total and Permanent Disability
    • Critical Illness
    My Clique Plan

    My Clique Plan

    The friendships we build in school often last a lifetime. In good times and hard times, alumni groups look out for each other. My Clique Plan is a group welfare policy for alumni and corporate groups that provides financial support to members and their families during difficult times.

    Main benefits

    A lump sum payment will be made in the event of:

    • Cash benefit paid if a member passes away

      Optional Benefit (for main members)

      • Cover for total and permanent disability
      • Critical illness cover
      • Cover for the death of a spouse and two adult dependents