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Group Term Life Insurance
Group Term Life Insurance
Group Term Life Insurance (GTL) provides a 24-hour worldwide life protection for your employees.
What are the benefits
This insurance plan will pay a lump sum amount (sum insured) when any of the following events happen to the Insured Employee during the period of the insurance:
Death due to any case; or
Total & Permanent Disability; or
Terminal Illness
Who is eligible
The entry age of the Insured Employee must be from 16 to 65 years at next birthday. The Insured Employee must be working on a full-time basis and gainfully employed, and have satisfied all other eligibility criteria set by the Employer.
What is not covered
There is no exclusion under Group Term Life Insurance.
Act now
Call 6225 6111
